Daily Market News from TradingForex 14 March 2013
Currencies News from TradingForex
EUR/USD
The dollar traded higher against the euro, as it did against most major currencies. The Euro U.S. dollar pair lost 0.56 percent in Asian trading, and was at 1.2961.
USD/JPY
The Japanese yen rose against major currencies including its U.S. rival. It gained 0.2 percent against the dollar, and at 6:49 am London time it was at 95.98 per dollar.
AUD/USD
The Australian dollar rose against most major currencies, it gained 0.7 percent and as of 4:33 pm Sydney time it traded at 1.0367 dollars. The Australian dollar, U.S. dollar pair gained 0.69 percent in today’s Asian trading and was at 1.0371. It is expected to find support at 1.0268 and resistance at 1.0368.
GBP/USD
The British pound rose 0.1 percent and traded at 1.4919 dollars.
Commodities News from TradingForex
Gold
Gold for April delivery on the Comex in New York lost 0.4 percent and traded at 1,586.30 dollars an ounce.
Spot gold gained 0.3 percent and at 1:05 pm Singapore time it traded at 1,587.55 dollars an ounce.
Oil
West Texas Intermediate for April delivery lost 21 cents in electronic trading on the New York Mercantile Exchange and was at 92.31 dollars a barrel.
Brent oil for April delivery lost 1 percent and was at 108.52 dollars on the London based ICE futures Europe exchange. Brent oil for April delivery expires today.
Brent for May settlement, lost 40 cents and as of 1:41 pm Singapore time it was at 108.18 dollars a barrel on the London based ICE futures Europe exchange.
Currencies News from TradingForex
EUR/USD
The dollar traded higher against the euro, as it did against most major currencies. The Euro U.S. dollar pair lost 0.56 percent in Asian trading, and was at 1.2961.
USD/JPY
The Japanese yen rose against major currencies including its U.S. rival. It gained 0.2 percent against the dollar, and at 6:49 am London time it was at 95.98 per dollar.
AUD/USD
The Australian dollar rose against most major currencies, it gained 0.7 percent and as of 4:33 pm Sydney time it traded at 1.0367 dollars. The Australian dollar, U.S. dollar pair gained 0.69 percent in today’s Asian trading and was at 1.0371. It is expected to find support at 1.0268 and resistance at 1.0368.
GBP/USD
The British pound rose 0.1 percent and traded at 1.4919 dollars.
Commodities News from TradingForex
Gold
Gold for April delivery on the Comex in New York lost 0.4 percent and traded at 1,586.30 dollars an ounce.
Spot gold gained 0.3 percent and at 1:05 pm Singapore time it traded at 1,587.55 dollars an ounce.
Oil
West Texas Intermediate for April delivery lost 21 cents in electronic trading on the New York Mercantile Exchange and was at 92.31 dollars a barrel.
Brent oil for April delivery lost 1 percent and was at 108.52 dollars on the London based ICE futures Europe exchange. Brent oil for April delivery expires today.
Brent for May settlement, lost 40 cents and as of 1:41 pm Singapore time it was at 108.18 dollars a barrel on the London based ICE futures Europe exchange.