Breaking News

Dollar advances as Euro takes a step back.

News Date: 3/11/2015 09:47:58

 European shares were in the red, pulled down by the deepening emission scandal for Volkswagen, and a 9% fall in the UK bank Standard Chartered. The pan-European index FTSEurofirst 300 fell 0.10%, while Britain's FTSE index fell 8 points, or 0.12% to 6,354. Germany's DAX index fell a heavy 44 points, or 0.41% to 10,905. France's CAC index lost 6 points, or 0.13% to 4,909.


Wall Street opened lower, with S&P 500 slipping 3 points, or 0.15% to 2,101, NASDAQ fell 5 points, or 0.11% to 5,121. Dow Jones fell initially before recovering, to trade at 17,837, up 0.06%.    


Dollar was up, with its index DXY gaining 0.38% to 97.37. It rose 0.49% against Euro to 1.0963. Against Sterling it gained 0.29%, to trade at 1.5373. It rose a similar 0.29% against Yen to 121.10.


Euro was in a retreating mood, pulled down by a survey showing that unemployment in Spain has risen by 82.3K in October. It last fell 0.20% against Sterling to 0.7131. It lost 0.18% against Yen to 132.78.


Crude oil prices rose solidly, with Brent futures for December gaining 66 cents, or 1.36% to $49.45 a barrel. U.S. futures rose to their highest level in two weeks, gaining 87 cents, or 1.89% to $47.02 a barrel.


The rise in oil prices didn't help the Canadian dollar however, it fell 0.35% to C$1.3140 per dollar. Australian dollar soared after Australia's central bank kept its interest rate unchanged; it touched a one-week high at $0.7216 before easing back to $0.7162.


 Gold futures fell to their lowest in a month, at $1,124 an ounce, down 1% for the day. Silver futures lost 12 cents, or 0.83% to $15.27 an ounce.

Latest news

Curse continues... Inflation is following us to 2023 Inflation led most of the banks in the world to raise interest rates, in an attempt to reduce it . The International Monetary Fund expects that t
12-2022 30 06:28:23

Gold prices fluctuate with the reduction of dollar's losses Gold's prices varied after its positive start at the expense of the dollar’s decline, which tended to reduce its losses, while oil c
12-2022 29 03:29:32

Vladimir Putin takes revenge by Russian oil embargo President Vladimir Putin has banned Russian oil in response to the price cap. He has signed a decree retaliating against the West's imposition of
12-2022 28 03:04:38

Gold prices rose today, Tuesday, affected by the decline of the dollar, which declined by 0.3%, and gold rose by 0.4% to reach $1804.99 an ounce, and gold futures rose by 0.4% to reach $1811.90. The
12-2022 27 04:19:22

The first Saudi-Japanese ministerial dialogue meeting for energy The Saudi Prince of Energy and the Japanese Minister of Economy and Industry held a meeting in Riyadh - Saudi Arabia, in which they
12-2022 26 02:50:27

More News