Gold steps higher from a one-week low on the U.S. budget optimism

Note: This section contains information in English only.
Source: Bloomberg
Gold spot price increased by 0.3% to $1.703.35 an ounce in Singapore trading session on Tuesday. Gold price appreciates from a one week low, as the markets are driven by optimism that U.S. governors will reach an agreement on the budget and will avert automatic tax increase and spending cuts, which most probably would push the biggest world economy back into recession.
Back to articles

Actual Topics

Tue, 18 Dec 2012 11:31:11 GMT

Pound appreciates to a two month high ahead inflation data

The Pound was slightly up to $1.6205 in an early European trading session on Tuesday. After increasing to $1.6218, the highest level since 28th of September, the Pound awaits a report on U.K. consumer price level change, which, according to economists, will remain at the fastest pace since May. Also, the Bank of England will release the minutes of their

Tue, 18 Dec 2012 11:09:10 GMT

Rouble edges lower as importers puchase a foreign currency

The Rouble dropped 0.7% to 30.94 against the Dollar in the end of Moscow trading session on Monday. That was a third day of diminishing value of the Rouble and the longest depreciation streak since 29th of October, also the biggest drop since 23rd of October. The Russian currency loses its value, as importers have to cover payments and thus

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.