Brent oil futures open Friday's session lower near $104 a barrel, pushed lower as supply data from America hits record highs, however the spread between European Brent and US WTI Light crude oil narrows to the closest point since January 2011. Read more
The price of Brent oil futures opened Tuesday's session higher near $105 a barrel after Israeli air strikes around Damascus refocused attention on the potential for disruption to supply from the Middle East. Read more
NYMEX WTI Light oil futures open Tuesday's trading session back at $95 a barrel as crude oil prices once again come under attack from a stronger US dollar which continues to climb higher against major world currencies. Read more
US WTI oil futures are holding out near $96 a barrel this afternoon after climbing on Monday to close at $96.16 following a weekend Israeli airstrike in Syrian territory that reportedly targeted weapons intended for Lebanon's Hezbollah militia. Read more
The US Dollar Index opens the week firm over 83 following possible US Fed plans for winding down its stimulus program of buying $85 billion in bonds each month, sending the dollar higher and taking the edge off oil and gold prices. Read more
The US Dollar Index is heading back under the 82 mark once again which in turn will prop up commodity prices including crude oil and gold whilst global stock markets remain on highs, it's going to be interesting to see what direction the US dollar will take next. Read more
Gold prices fell another 1 percent on Monday, hovering near two week lows as stronger US retail sales data inspired economic hopes and reduced the safe haven bid for gold, whilst the US dollar remained strong against major curencies. Read more
The price of gold took a tumble lower this morning, falling back uner $1450 an ounce mainly due to a re-energised US dollar on signs of an improving North American job market after official data revealed fewer individuals filed for unemployment assistance. Read more
The euro's currency exchange rate against other majors including the dollar is holding up well despite recent calls for interest rate cuts that would have a weakening effect on Europe's shared currency after yesterday's ECB comments that further monetary easing is possible. Read more
Confidence in the eurozone's economy fell for a second straight month in April and by more than expected as austerity bites, strengthening the case for a cut in interest rates later this week. Read more
UK sterling's currency exchange rate against majors received a shot in the arm this week as the Bank of England (BOE) decided to keep interest rates on hold at historic lows (which now match euro zone rates) and in turn opting for no more QE, well, as least for the moment. Read more
UK sterling exchange rates took a dive lower in trading today and the pound is once again looking bearish against major currencies even after the ECB cut interest rates to 0.50 percent last Thursday matched with an extension of unlimited cheap loans to European banks. Read more