Tuesday 17 November 2015

Commodity market updates & tips for 17 Nov, 2015

Commodity tips - The US dollar stood around 1-week high of 123.33 japanese yen, a safe-haven currency usually sought in times of geopolitical tension. The dollar also stood tall in against with the Swiss franc, another safe-haven, after advancing to an 8-month high.
www.researchvia.com/ultra-commodity/

The euro was steady at $1.0688 after losing near 0.9 per-cent overnight. Crude Oil continued gaining after the Paris attacks lifted up geopolitical tensions that were seen to threaten world wide oil supply.

U.S. crude went up 0.3 per-cent at $41.87 a barrel. Spot gold was little bit changed at $1,083.40 an ounce, after the precious metal pared gains overnight as an initial flow of safe-haven buying following the Paris brutal attacks petered out. Investor focus has returned to a potential rate increase by the Fed in the month of December.

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