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Tag Archives: euro

Update: Stronger Dollar push Gold lower to 2 and Half month Low

Posted in Gold News, News on September 2, 2014 by Mohamed Hossam

(Reuters) – Gold fell to its lowest in 2 and half months on Tuesday, breaching key support at its August lows as equities markets rose and also the U.S. dollar made a 1-year high against … Continue reading →

Posted in Gold News, News | Tagged ECB, euro, Federal Reserve, Gold Price, Ukraine, USD | 1 Reply

Gold Price Approaches 1-week low Mark on Stronger US Dollar

Posted in Gold News, News on September 2, 2014 by Mohamed Hossam

(Reuters) – Stronger U.S. pressured gold to its lowest for the week on Tuesday, cancelling gains of the metals from the political tension over Ukraine. The US dollar rose to hit 7-month high verses Japanese … Continue reading →

Posted in Gold News, News | Tagged ECB, euro, Federal Reserve, Gold Price, Ukraine, USD | Leave a reply

Gold Price Continues Free-Fall by 2% on Stronger US Manufacturing data

Posted in Gold News, News on December 2, 2013 by Mohamed Hossam

(Reuters) – Gold price reached its lowest since early July losing 2% on Monday as U.S. manufacturing data came better than expected. The yellow metal price dropped sharply as the strong economic data from the … Continue reading →

Posted in Gold News, News | Tagged Comex, euro, Gold Price, ISM, US, USD | Leave a reply

London Gold Gains on Falling Dollar Against Euro

Posted in Gold News, News on October 24, 2013 by Moe Kamel

(Bloomberg) - In London gold extended gains as the dollar slipped to a 2-year low in contrast to the euro, increasing demand for the yellow metal as an alternative investment. The U.S. currency declining versus … Continue reading →

Posted in Gold News, News | Tagged Dollar, euro, gold, London | Leave a reply

Morning: Gold Slightly Lower as Euro Eased, Fed Indecision

Posted in Gold News, News on September 9, 2013 by Moe Kamel

(Reuters) - On Monday, gold slightly lower as the euro eased however a probable postponement in the U.S. Federal Reserve’s decision to taper its bond-buying program might increase gold’s safe-haven appeal. Bullion, which has advanced … Continue reading →

Posted in Gold News, News | Tagged Comex, euro, FOMC, gold, London Fix, prices, USD | Leave a reply

Yen Shows a Downturn Against The Dollar

Posted in Economy News, News on July 1, 2013 by Moe Kamel

The yen dropped to a three-week low against the USD, where the central bank’s Tankan survey presented large manufacturers were the most confident in two years, curbing demand for the safety of Japan’s currency. The … Continue reading →

Posted in Economy News, News | Tagged euro, Tankan, USD, Yen | Leave a reply

ECB Against Crisis

Posted in Economy News, News on May 23, 2013 by Moe Kamel

Reported by Reuters, Bundesbank Chief Jens Weidmann said on Thursday it is not up to the European centered Bank to solve the euro zone urgent situation, resisting force from other ECB policymakers for the bank … Continue reading →

Posted in Economy News, News | Tagged ECB, euro, U.S. | Leave a reply

Gold Losing Streak For Two Straight Weeks

Posted in Gold News, News on May 18, 2013 by Moe Kamel

Gold futures this week closes lower, as investors were attracted by strong equity markets on the back of solid economic fundamentals, which turned out to be better than predicted. Moreover, the strong USD, oncoming to a six-week … Continue reading →

Posted in Gold News, News | Tagged euro, gold, USD | Leave a reply

Gold Dives for Six Straight Days

Posted in Gold News, News on May 16, 2013 by Moe Kamel

According to Reuters, May 16, on Thursday gold fell for six straight sessions, hitting its lowest level in four weeks, due to the strength of the USD and uninterested investor sentiment. However stocks are rallying … Continue reading →

Posted in Gold News, News | Tagged Comex, ETF, euro, gold, SPDR, USD | Leave a reply

Gold is Breaking-Down for Five Straight Sessions

Posted in Gold News, News on May 15, 2013 by Moe Kamel

According to Reuters, May 15, gold dropped for five straight sessions on Wednesday, hitting a three-week low as the USD getting stronger to a six-week high against the euro after weak euro zone data. Whereas … Continue reading →

Posted in Gold News, News | Tagged euro, Europe, Fed, gold, SPDR, USD | Leave a reply

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