Gold falls to five-month low after Fed

Note: This section contains information in English only.
Source: Bloomberg
Gold declined below $1,200 an ounce to the lowest level in five months as the Fed scaled back its monetary stimulus, trimming demand for safe-haven assets. The yellow metal for February delivery slipped 2.4% to $1,205.20 an ounce at 7:59 a.m. in New York, after sliding 3% to $1,198 an ounce. Bullion prices sank into a bear market in April this year and are set for first annual retreat in 13 years.
Back to articles

Actual Topics

Thu, 19 Dec 2013 16:16:09 GMT

Loonie weakens to three-year low as Fed scales back stimulus

Canada's currency dropped to a three-year low after the Fed winded down its economic stimulus programme as the officials stated that nation's economy has improved enough to start tapering. The Canadian Dollar slid 0.2% to C$1.0722 per U.S. Dollar as of 8:18 a.m., after it retreated to C$1.0728 earlier, the lowest level in three years.

Thu, 19 Dec 2013 15:51:03 GMT

Eurozone current account increases in October

The current account surplus in the Eurozone inched up in October of this year to 21.8 billion euro, while economists expected the indicator to decline further after September weak data. In that month the surplus was 14.9 billion euro and was forecasted to drop to 14.2 billion euro. Moreover, the ECB data showed that the surplus from trading goods surged

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.