Oil rebounds from a 2-month low on ECB

Note: This section contains information in English only.
Source: Bloomberg

On Thursday, oil retreated from a 2-month low, as the 17-nation currency appreciated versus the U.S. counterpart before the upcoming ECB meeting, supporting demand for commodities. On the NYMEX, November delivery futures for light sweet crude hit a session high of $88.76 per barrel, and consolidated at $88.60 by 8:46 a.m. in London.

Back to articles

Actual Topics

Thu, 04 Oct 2012 11:41:32 GMT

BoE holds key rate unchanged

The Bank of England kept the base rate of interest at the record low of 0.25% for the 44th consecutive month and decided to hold off any further economy-boosting measures. Economists had widely forecast such outcome. Analysts expect no further quantitative easing until November, when the latest investment of 50 billion Pounds is used up. The total commitment in bond-purchasing

Thu, 04 Oct 2012 12:13:48 GMT

Euro rises to a 2-week high against Franc

On Thursday, the Euro grew to a 2-week high versus the Swiss Franc, as traders' sentiment was buoyed by speculation that Spain's request for a bailout will happen soon. The 17-nation currency added 0.2%, to trade at 1.2133, which was highest level since the middle of September. Moreover, the ECB is expected to leave interest rates unaltered on Thursday.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.