The foreign exchange market:
The US dollar strengthened against the Euro by 0.9% and is trading around exchange rate of 1.076 dollar to the Euro.
The pound declines by 0.75% against the US dollar and is trading at about 1.25 dollar to the pound.
US dollar
Market News Briefing – November 11th 2016 09:30 (GMT+1)
The foreign exchange market:
The US dollar stays unchanged against the Euro and traded at a rate of 1.0890 dollars to the Euro.
The dollar falls by 0.5% versus the Japanese yen, and traded at a rate of 106.29 yen to the dollar.
The British pound jumps up versus the dollar by 0.7% and trades in the exchange of 1.2636 dollars to the pound.
Market News Briefing – November 11th 2016 07:05 (GMT+1)
For the first time in four days, yesterday the WTI oil went down, by 1.4% to a price level of 44.7 dollars per barrel.
The Brent crude oil fell by 1.1% to a price level of 45.9 dollars per barrel.
Market News Briefing – November 10th 2016 08:00 (GMT+1)
The Crude oil falling by 0.2% to a price level of 45.16 dollars per barrel.
The price of the Gold, a safe haven as always when things are not clear, gaining 0.8% to a price level of 1 283 dollars an ounce.
Market News Briefing – November 7th 2016 13:30 (GMT+1)
The price of oil rising in the markets by about 1%.
The barrel of WTI traded for 44.5 us dollars a barrel, the Brent is traded for 45.4 us dollar.
The increases in the price of the black gold comes in view of the statements by Member States of the OPEC cartel of oil exporting countries who are determined to reach a final agreement on limiting the oil production.
Market News Briefing – November 7th 2016 08:30 (GMT+1)
Currencies:
The Euro lost 0.7% against the US dollar to 1.105 dollar.
The British pound falls to 0.8% against the US dollar and the Japanese currency versus the US dollar jumps by 1.3%.
Market News Briefing – November 7th 2016 08:00 (GMT+1)
Commodities
The price of the gold falls by 1.1% to a price level of 1289.90 us dollar per ounce.
The WTI oil rising by 1.3% to a price level of 44.7 us dollar per ounce.
Market News Briefing – November 3rd 2016 12:00 (GMT+1)
Drama in the UK:
The government will have to get the parliamentary approval regarding the implementation of Section 50 and to start the Brexit.
The dramatic decision of the Court adds uncertainty to the process of separation of the UK from the EU and its implications.
As a result, the British pound jumps against the US dollar.
Market News Briefing – November 3rd 2016 09:35 (GMT+1)
WTI crude oil rising by 0.4% and traded at a price level of $ 45 a barrel.
The Brent crude oil is rising by 0.5% and is trading at a price level of of 47 dollars per barrel.
Market News Briefing – November 3rd 2016 07:30 (GMT+1)
Forex trading:
The US dollar is going down against most of the currencies of the developed economies.
The US dollar retreated against the Japanese yen by 0.4%, and against the Swiss franc it falling by 0.2%.
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