Daily Overview EUR/USD (Bloomberg) The dollar declined 0.3 percent percent to $1.3617 per euro as of 11:08 a.m. in Tokyo after reaching $1.3623, the weakest since Feb. 4. The greenback advanced 0.2 percent to 97.55 yen after dropping 0.9 percent over the past two days. Japanundefineds currency retreated 0.5 percent to 132.84 per euro. USD/CAD (Bloomberg) The loonie, as the currency is nicknamed for the image of the aquatic bird on the C$1 coin, depreciated 0.2 percent to C$1.0337 per U.S. dollar at 5 p.m. in Toronto. It touched C$1.0356, the weakest level since Sept. 16. One Canadian dollar buys 96.74 U.S. cents. Gold (Bloomberg) Gold held above $1,300 an ounce after gaining the most in two weeks as investors assessed the U.S. government shutdown and its impact on the outlook for monetary stimulus from the U.S. Federal Reserve.Bullion for immediate delivery fell as much as 0.3 percent to $1,312.56 an ounce, and traded at $1,314.09 at 8:38 a.m. in Singapore. SILVER (Bloomberg) Silver for immediate delivery rose and fell at least 0.5 percent, before trading little changed at $21.730 an ounce. WTI (Crude Oil) (Bloomberg) WTI for November delivery dropped as much as 52 cents to $103.58 a barrel in electronic trading on the New York Mercantile Exchange. It was at $103.70 at 1 p.m. Sydney time. The contract yesterday advanced to $104.10 in the first gain in four days. The volume of all futures traded was about 63 percent below the 100-day average.Brent for November settlement fell as much as 30 cents, or 0.3 percent, to $108.89 a barrel on the London-based ICE Futures Europe exchange. The European benchmark was at a premium of $5.21 to WTI futures, down from $5.09 yesterday.
Posted on: Thu, 03 Oct 2013 08:41:07 +0000
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