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Futures News -
From today, August 6, 2020
- Dollar Improves Slightly
In this morning?s futures trading market?s the dollar pared a loss against the euro and held gains versus the British pound.
- Silver Margins Increased; Prices Fall
After the U.S. metals exchange announced higher margins for futures trading of silver contracts, the metal fell 7.6%.
- Silver and Gold Give Back Some Gains
Gold and silver pared losses over a weaker dollar during futures trading hours today.
- Oil Climbs Amid News of Osama?s Death
In futures trading markets today oil reached a new high on concern that the death of Osama Bin Laden will trigger retaliatory attacks that may disrupt supplies.
- Oil Trades Slightly Higher
During today?s futures trading hours crude-oil futures contracts gained little following a Commerce Department report of rising prices and a slowdown in consumer spending for the month of March.
- Gold and Silver Continue Climbing as Weak U.S. Economic Data is Released
Gold and silver gained during today?s futures trading hours after data showed a slow U.S. economic growth and increased food and gas prices.
- Dollar Weakens, Dollar Index, EURUSD, GBPUSD
After Fed Chairman Ben Bernanke announced that interest rates won?t climb anytime soon, futures trading floors saw the dollar continue on it?s downward path.
- Oil Climbs as Dollar Continues to Weaken
As the dollar continued to weaken, oil rose to a 31-month high during New York futures trading hours today.
- Silver and Gold Gain Following Fed Meeting
Today, after the Federal Reserve said it would stop its $600 billion bond buying program and that it is in no hurry to raise interest rates, gold contracts reached fresh records on futures trading floors.
- Oil Gains Following Federal Reserve Policy Meeting
Oil Gains Following Federal Reserve Policy Meeting