Breaking News

Dollar soars on surprising U.S. data.

News Date: 6/11/2015 12:18:29

Dollar rallied against a basket of its peers, with its index rising to its highest in seven months to 99.28, after Non-Farm Payrolls rose a more than expected 271K in October, beating the forecast of 181K. Dollar rose to its highest in six months against Euro to 1.0728. It rose to a similar high against Sterling to 1.5067. It gained 0.97% against Yen to trade at 122.91.


European shares traded higher on Friday; with the pan-European index FTSEurofirst rising 0.76%, while Britain's FTSE index gained 0.31%. Germany's DAX rose 1.29%. France's CAC traded 0.39% higher.


Wall Street opened lower, with Dow Jones down 0.22%, while NASDAQ fell 0.29%. S&P 500 lost 0.50%.


Oil prices trended lower as a result of the rallying dollar. Brent futures for December fell a heavy 1.37% to $47.66 a barrel. U.S. crude futures fell 1.44% to $44.55 a barrel.


Gold futures lost 1.40% to $1,088 an ounce. Silver futures fell 1.52% to $14.75 an ounce.


Latest news

Oil prices fell today, Wednesday, after the increase in crude inventories, which increases the fears of supply. Therefore, it is expected that US crude production will decline by 600 thousand barrels
07-2020 08 08:20:53

Corona virus infection in the United States of America reached its maximum, reaching two million, 840 thousand and 906 cases, according to the Centers for Disease Control yesterday, after it recorded
07-2020 06 00:36:17

After the long collapse, the American labor market is achieving some relative recovery, as the number of added jobs yesterday reached 4,800 million jobs, which exceeded all expectations, and came as
07-2020 03 00:34:55

Beginning with the latest developments in commodities, the gold futures contracts started this morning with a rise of 0.70%, to be traded at 1784.56 dollars an ounce, after opening at 1771.61 dollar
07-2020 01 03:47:05

Oil prices continued to lose their losses after the recovery in demand decreased, due to the high number of injuries they suffer, and Brent crude fell by the same percentage 2%, which in turn pays to
06-2020 29 05:49:33

More News