Commodities - Energy Crude Supported as Trichet Feeds Greek Bailout Speculation
Crude Oil (WTI)
$72.49
+$0.60 +0.83% Prices remain range-bound
above resistance-turned-support at the top of a previously broken falling
channel
AAP The Australian dollar closed higher on Tuesday as risk appetite improved
and traders continued to speculate about further interest rate rises in
Australia and funding assistance for Greece. At 1700 AEDT, the Australian
dollar was trading at $US0.8686/91, up 0.25 per cent from
Key Overnight Developments • UK Retail Sales Growth Worst in 15 Years in
January, Says BRC • RICS Survey Hints UK House Prices May Decline as Supply
Swells • Euro Rebounds Against US Dollar on Greece Bailout Speculation Critical
Levels The Euro and the British
AAP At 1200 AEDT, the Australian dollar was trading at $US0.8643/44, down 0.24
per cent from Monday's close of $US0.8664/66. Since 0700 AEDT, the local unit
traded between $US0.8614 and $US0.8686. Senior dealer with online currency
trader Easy Forex, Francisco Solar, said a decline in
At 12:00 (AEDT), the dollar was trading at $US0.8643/44, down 0.24 per cent
from yesterday's close of $US0.8664/66. Since 07:00 AEDT, the local unit traded
between $US0.8614 and $US0.8686. Senior dealer with online currency trader Easy
Forex, Francisco Solar, said a decline in risk
The Australian dollar was lower today, as weak equity markets dragged
high-yielding currencies such as the Australian unit down in morning trade. At
midday, the Australian dollar was trading at 86.43 US cents, down 0.24 per cent
from yesterday’s close of 86.64 US cents. It was also
By Chris Fournier The currency, known as the loonie for the image of the
aquatic bird on the C$1 coin, has declined 1.9 percent against the greenback in
2010 on concern the struggle of European nations to contain budget deficits and
China’s move to discourage lending will slow the
By Chris Fournier “We’ll continue to follow the risk-aversion, risk-appetite
story,” said Bob Block , director of foreign-exchange sales in Toronto at Bank
of Montreal, Canada’s fourth-largest lender. “The Canadian dollar is a currency
that seems to benefit from risk appetite
Feb. 8 (Bloomberg) -- Norway’s krone and the Canadian dollar advanced as oil
rose for the first time in four days, boosting demand for the currencies of
commodity producers. Canada’s currency rose against 11 of the 16 most-traded
currencies tracked by Bloomberg while the krone gained
Feb. 8 (Bloomberg) -- Norway’s krone and the Canadian dollar advanced as crude
oil futures rebounded from a seven-week low, boosting demand for the currencies
of commodity producers. Canada’s currency rose against all of the 16
most-traded currencies tracked by Bloomberg while the krone
Commodities - Energy Crude Supported as Trichet Feeds Greek Bailout Speculation
Crude Oil (WTI)
$72.49
+$0.60 +0.83% Prices remain range-bound
above resistance-turned-support at the top of a previously broken falling
channel
