Euro Weakens, Palladium Falls
Palladium – Bloomberg reported that the euro weakened which triggered palladium to fall 0.4%.
Articles Tagged "euro"
Oil Falls On Supply Prediction During Greek Concern
Oil – Oil dropped for a second day as U.S. crude inventories were forecast to gain and on concern that a deal for Greece to buy back its bonds may falter.
Oil Drifts Lower for Second Day in a Row
Oil – Bloomberg reported that oil saw a second day of declines as the dollar's strength against the euro increased and weaker earnings reports brought equities down.
Copper Climbs As Dollar Falls
Copper – Reuters reported that copper prices climbed during Monday's trading session. However, a rebounding euro, a weak dollar and more confirmation of China's contracting manufacturing sectors, along with growing debt concerns from Spain held the reigns on the red metal's price gains.
Gold Hits New High in Euros and Francs
Gold – Bloomberg reported that the price of gold has set a record in euros and Swiss francs as concerns mount on central banks' moves to bolster the economy will in fact devalue the currencies.
Rising Euro Increases Europe’s Power Plant Gains
Coal – Reuters reported the rise in profitability of European coal for power generation due to the Euro's gains against the dollar since the ECB bond plan to benefit troubled Euro zone members.
Gold Steady at Just Under $1,620
Gold – CNBC reported that gold is now steady after sliding to just below $1,620. Its drop was the result of a weakened euro and caution due to the upcoming European Central Bank meeting.
Gold Prices Top $1600 As Euro Rallies
Gold – Reuters reported that gold prices rose over $1600 while the still-weak euro extended a slight rally.
Gold Stays Above $1570 As Euro Drops
Gold – CNBC News reported that gold prices pared last week's increases, responding to a drop in the euro.
Gold Prices Rise As Euro Recovers
Gold – CNBC News reported that a slight rise in the euro also caused gold prices to increase.
