(Reuters) - The euro rose to a four-year high against the yen and traded up against the dollar on Friday after much stronger-than-expected German business sentiment pointed to a continued rebound in Europe's largest economy.
The euro was 0.3 percent up at 136.81 yen, having risen as high as 136.995 yen. Against the dollar it was...
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Oil steps back after strong gains
LOS ANGELES (MarketWatch) — Oil futures eased in electronic trade Friday, with some analysts citing profit-taking after sharp gains helped by strong U.S. economic data and news on the West’s negotiations with Iran.
“We see potential for improvement in WTI crude oil’s direct fundamentals in the weeks ahead, but Thursday’s advance had more to do with...
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Gold futures inch higher but after a two-day dip to levels not seen in four months, prices are set for a weekly loss
On Thursday, gold futures came under pressure when mostly upbeat U.S. economic data, particularly on the employment front, were viewed as ramping up the possibility that the Federal Reserve would cut back on its stimulus program within the next few meetings.
For now, “gold’s selloff seems to be slowing around the $1,240...
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For now, “gold’s selloff seems to be slowing around the $1,240...
Gold futures log first loss in three sessions Comments from Fed official feed expectations for Fed taper
“We see further near-term pressure but only of a moderate extent on gold until equity markets pull back off record levels,” he said. Janet Yellen’s confirmation to head the Federal Reserve has likely been priced into the market in the near term and further economic news will impact the time table to begin tapering the central...
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