Crude rises as Euro gains versus U.S. Dollar

Source: Bloomberg
© Scanpix/RS
Crude increased on Thursday rising for the second day in a row paring the third weekly drop amid speculation that the previous fall was too rapid and as the 17-nation bloc currency advanced versus the U.S. Dollar. WTI for May delivery added 23 cents to $87.96 a barrel on the NYMEX after it touched the lowest since December 11 at $85.61 yesterday, while June Brent futures gained 0.3% to $99.40 a barrel in London.

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Mon, 22 Apr 2013 05:17:04 GMT

Asian currencies head for biggest weekly drop in 7 months

Asian currencies set for the biggest weekly increase in a seven-month period on Thursday after Japan's monetary stimulus program fuelled inflows into the region's assets and as the People's Bank of China decided to widen the Yuan's trading brand. The JPMorgan Asia Dollar Index has increased by 0.5% to 117.98 this week at 4:22 p.m. Hong Kong time.

Fri, 19 Apr 2013 18:39:03 GMT

Copper in New York set for largest weekly fall in 16 months

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