Euro extends losses amid Yellen's statement

Note: This section contains information in English only.
Source: WBP Online
The Euro weakened against the US Dollar after Janet Yellen's comment that the Federal Reserve may start its rate hike already this year. As a result, the European currency dropped to present lows of $1.1155 down from the prior $1.1230. During the previous week the policy-setting committee made up its mind to keep interest rates unchanged due to the latest market volatility impacting the world's biggest economy's outlook. 
Back to articles

Actual Topics

Mon, 28 Sep 2015 08:07:06 GMT

Oil weakens amid slower global economic growth

In spite of a decline in US drilling operations for the fourth week in a row, crude oil prices slid lower, with weak economic outlook being one of the main drivers for it. China's industrial profits fell 8.8% in August from a year ago, while industry profits decreased 1.9% from January to August. Futures for Brent dropped $0.47 to trade

Fri, 25 Sep 2015 08:06:15 GMT

Gold prices fall in Asia

Gold prices dropped in Asia, following Federal Reserve Chair Janet Yellen's speech yesterday. She underlined a very likely increase in interest rates by the end of this year, which, in turn, would give a boost to the Greenback. Gold futures for December delivery tumbled 0.4% to trade at $1,149 per troy ounce, whereas December future contracts for silver slid 0.35%

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.