Oil plunges on surge in US stockpiles

Note: This section contains information in English only.
Source: Reuters
Crude futures dropped on Wednesday, following a bigger-than-anticipated growth in the US oil reserves, with traders also waiting for the OPEC meeting in Vienna. Futures for WTI fell 1.71% to trade at $45.50 per barrel, while contracts for Brent were traded 1.35% lower at $48.05 per barrel by 07:30 AM GMT. Crude stocks in the US jumped by 7.1 million barrels in the week to October 16, missing estimates for a 3.5 million barrels rise.
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Mon, 26 Oct 2015 09:35:47 GMT

Cross rises to £0.72

The continuous weakening of the Greenback keeps boosting both the Euro and the British Pound, pushing the currency pairs to higher levels. At the current moment, EUR/GBP gained 0.06% and trades at around £0.72, having recovered from the lows of 0.7183. The EUR/GBP pair stepped up from 0.7169 hit on Friday. Later today, the release of the German Ifo data

Tue, 20 Oct 2015 10:58:04 GMT

Euro rises versus Greenback despite disappointing data from Euroland

Investors bought the shared currency on Tuesday and it was seen rising against the US Dollar, even though the data session in the Euro zone revealed unsatisfying figures for the current account and the German PPI. EUR/USD advanced 0.29% to $1.1356 by 09:20 AM GMT. Concerning the economic data, the current account in the Euro area for August dropped notably

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