Gold — News Archive


RBA Decision Helps Aussie Gain Ground

The most recent decision from the Reserve Bank of Australia is helping the Aussie today. Additionally, expectations for an improved economy are helping the Down Under currency make some strides against its major counterparts.

Greenback Trades Lower as Dollar Index Falls

There’s a decent amount of downward pressure on the greenback right now, and the dollar index is falling. Greenback is trading lower against its major counterparts and is mostly lower against other currencies today.

Euro Finds Support in Forex Trading

Euro is finding support today, heading higher in Forex trading against many of its major counterparts. Euro is gaining ground as Brexit worries weigh on the sterling, and as a possible agreement with Greece helps optimism.

Euro Weakens on Economic Data, Gold

Euro is heading lower today, thanks in part to weaker economic data and lower gold prices. Also contributing to a lower euro is the concern brought about by a potential UK exit from the European Union.

Euro Heads Higher, Even as Global Stocks Tumble

Euro is heading higher today, even though global stocks are falling and there is some risk aversion entering the markets. Gold prices are on the rise, though, and that seems to be providing a bit of a boost to the 19-nation currency.

Euro Rallies a Bit as Gold Gains Ground

Euro is rallying today, following on the heels of a choppy couple of weeks. Last week the euro didn’t perform quite as well as expected, considering the data released about the eurozone, but at the start of this week the 19-nation currency seems to be making up for it.

Greenback Falters on Commodities and Interest Rate Revolt

The US dollar is struggling today, faltering as commodities move a little higher, and as it appears that there could be a revolt against higher interest rates from the Federal Reserve.

US Dollar Heads Higher as Risk Aversion Take Hold

US dollar is heading higher as risk aversion appears in the market, and as commodities continue to struggle. There is a lot happening right now that points to a higher greenback, and it is little surprise that the US currency is once again moving higher against its major counterparts.

US Dollar Index Inches Higher Ahead of Today’s Fed Announcement

Forex traders and others are getting ready for a policy announcement from the Federal Reserve later today. Once again, expectations are that the Fed will raise rates sometime this year, and there are officials that think that there is room for two rate hikes in 2015. With higher rates on the way, the dollar is gaining strength.

South African Rand Races Down

The South African rand was one of the weakest currencies on the Forex market today. The reason for such poor performance was the decline of prices for raw materials.