Gold rises to a new one-month high amid weak Dollar

Note: This section contains information in English only.
Source: Bloomberg
Gold reached a one-month high amid speculation that the Fed is not rushing to rise interest rates, thus weakening the US Dollar and increasing precious metal demand. Gold for immediate delivery gained 0.7% to $1,231.29 per ounce, while the futures for February added 1.3% to $1,231.30 per ounce, the highs not seen since December 11.
Back to articles

Actual Topics

Mon, 12 Jan 2015 11:00:07 GMT

Dollar declines against the Euro due to unemployment report

On Monday the US Dollar weakened versus the Euro amid the latest US labour market report. EUR/USD rose to 1.1852, compared to last Thursday's nine-year low. 252 thousand new jobs were added to the US economy in December, and the unemployment fell down to a 6.5 year low of 5.6%. Meanwhile, the Euro zone is on the verge of deflation,

Fri, 09 Jan 2015 15:49:07 GMT

Increase in UK Manufacturing Production as oil imports dipped

UK manufacturing production output increased 0.4% to seven month highs in November, since the total industrial output was affected by unpredictable drop in oil and gas extraction by 5.5%. Therefore, factory output rose 0.7% from October, while industrial production, in turn, fell 0.1%. Concerning the trade data, the goods-trade gap curbed to 8.8 billion pounds in November as imports plunged 3.2%.

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.