Posts Tagged ‘versus-the-euro’

Today’s Idea 6/28/2011 The question of European debt has proved to be an enigma for traders. On one hand, the debt situation makes Gold appealing to traders as a risk aversion tool. Full story

Previous News| Next News LONDON, Jan 7 (Reuters) - Gold prices swung back into positive territory on Friday, recovering from the six-week low they hit in earlier trade, as the dollar surrendered gains versus the euro in choppy trade after U.S. jobs data. Full story

Sterling hovered near two-month highs versus the euro on Thursday as the single currency struggled on fears Ireland's debt crisis may spread, but the pound hit a one-month low against a broadly firmer U.S. dollar. The euro stood at 84.60 pence little Full story

Today’s Gold session traded a very choppy $15.50 range as traders entered and exited gold in correlation with the huge market swings in the U.S Dollar… Normally a weak U.S dollar is bullish for Gold and a stronger U.S Dollar is bearish Gold. The U.S Dollar fought of early weakness versus the Euro and the rally Full story

A customer selects gold jewellery from a glass case at a jewellery shop in Huaibei, Anhui province August 5, 2010. Credit: Reuters/Stringer Shanghai/Files Traders said the dollar's fall versus the euro, particularly after better-than-expected growth data Full story

LONDON (Reuters) - Gold firmed in Europe on Friday as the dollar eased versus the euro ahead of key U.S. non-farm payrolls data due later in the session, with investors looking for fresh clues as to the resilience of the economic recovery Full story

LONDON: Gold rose to 6-1/2-week highs at $1,141.70 an ounce on Wednesday as the dollar extended losses versus the euro, and as broader fears over the outlook for paper currencies lent further support to the precious metal. Spot gold was bid at $1,139.95 Full story

Gold slid to three month lows on Friday as the dollar rose versus the euro amid fears over the euro zone economy surrendering earlier small gains it made after payrolls data briefly pressured the U.S. currency. Full story

LONDON: Gold slid to three-month lows on Friday as the dollar rose versus the euro amid fears over the eurozone economy, surrendering earlier small gains it made after payrolls data briefly pressured the US currency. Full story

$1100 for the first time in 2010 on Friday, ending a dismal week with another solid loss. Demand concerns and speculation that the dollar may rise further versus the euro has weighed heavily on commodity prices this week. With inflation in check, traders Full story