Nov
05
Gold continued to surge yesterday rising close to USD1,098 – a new all-time high
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Tagged Under : ECB rates ECB Forex Rates EUR/USD
Commodity news Most front contracts in the commodities segment are down this morning. Oil is little changed on the weekly EIA stocks report but gold continues to trade above USD1,090. EUR/USD is slightly weaker after having risen somewhat following a relatively dovish tone in the FOMC statement. The weekly EIA inventory report saw draws in crude, gasoline and distillate stocks alike in the week to 30 October. Notably, the elevated distillate stocks fell less than expected; implied demand
