Copper fell ahead of Fed

Source: Forexpros

On Thursday, futures for copper edged lower in European morning trade, ahead of the upcoming Fed chairman's speech later in the day. On the NYMEX, December delivery futures were traded at USD3.685, which was a 0.2% decline for that trading session. The contract's daily low was USD3.673, while a session high was USD3.700.

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Thu, 13 Sep 2012 12:58:49 GMT

USD mixed versus its counterparts on Fed

On Thursday, the Greenback was mixed versus its counterparts, ahead of a speech by Fed's Chairman. EUR/USD added 0.20% to trade at 1.2924 in the European morning trade. Cable edged higher versus the Greenback, with GBP/USD up 0.07%, being traded at 1.6118. USD/CHF eased up 0.02%, and was traded at 0.9373. USD/CAD grew 0.05%, to trade at 0.9767.

Thu, 13 Sep 2012 12:36:51 GMT

Producer prices in Switzerland grew by 0.5% in August

The Swiss Federal Statistical Office reported on Thursday that Switzerland's PPI increased in August, which was the first gain of the index for the last five months. Producer price index grew to 0.5%, whereas analysts expected that it would decline to minus 0.4%. Year over year, the index fell to 0.1%, confounding economist's expectations of a 0.7% decline.

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