"I don`t think there are many other influences in the market, certainly in the Asian market anyway, beyond currencies right now. So I think it`s very much going to be the case of watch the dollar index," said Nick Trevethan, senior metals strategist at ANZ in Singapore.
11.56 AM Feb 11th 2013
trading Friday. The yellow metal fell 0.42% in U.S. trading Thursday. Gold was likely to find support at USD1,662.55 and resistance at USD1,685.65. Traders departed gold after the U.S. Dollar Index rallied following comments from European Central Bank President Mario Draghi. Draghi said the ECB
11.34 AM Feb 8th 2013
. Copper traders were also anticipating China`s trade numbers due out on Friday for more clues on the health of the world’s largest copper consumer. Weakness in the U.S. dollar lent support to prices. The dollar index, which tracks the performance of the greenback versus a basket of six other major
4.41 PM Feb 7th 2013
largest oil consumer. Weakness in the U.S. dollar contributed to gains. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.2% to trade at 79.65. Dollar-denominated oil futures contracts tend to rise when the dollar falls
3.28 PM Feb 7th 2013
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