Gold futures slide but hold close to three-week high

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Source: Investing.com
On Wednesday gold futures slumped, but held close to the three-week high, as investors were impatient about the Fed's data release. Gold futures slid 0.37%, or $4.50, to $1214.90 per troy ounce, compared to Yesterday's three-week peak of $1223.30. During 2014 gold lost approximately 2% amid anticipated strong economic recovery, that would force the Fed to rise interest rates sooner than expected. Among other metals trading, copper futures for March declined 0.42%, or 1.2 cents, to $2.755 per pound.
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Wed, 07 Jan 2015 14:53:19 GMT

GBP/USD declines to a 17-month low on poor UK PMI

On Wednesday the Sterling slid to a new low for the past 17 months versus the US Dollar, as concerns over Greece exiting the Eurozone persisted along with poor UK data. GBP/USD hit 1.5115, the lowest since 2013, amid Yesterday's weak PMI data. UK PMI was lower than expected, dropped from 58.6 to 55.8, and met expectations that the Bank

Wed, 07 Jan 2015 14:42:19 GMT

Yen falls from 3-week high while Dollar gains before minutes

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