The Japanese yen on Monday plunged 0.2 percent minimum against each of its top 16 counterpart currencies on Monday as global stocks were showing strength, tampering demand for haven assets, Bloomberg reports.
Gold futures on Thursday were performing erratically on commodity markets, swayed by losses to the U.S. dollar and an increased growth estimate for the globe’s largest economy issued by the World Bank, according to Bloomberg.
Conjecture about the central bank of the U.S. tapering off its economy-spurring monetary easing program pulled down gold futures on Tuesday, according to Bloomberg.
Speculation that the central bank of the U.S. will not soon taper off its economy-spurring asset purchases prompted gold futures to barrel toward their strongest weekly performance in more than four weeks on Friday, according to Reuters.
Manufacturing slippage in the world’s second-largest consumer tugged down Brent crude oil futures on Thursday as the energy commodity marked a third-straight trading session of losses, Bloomberg reports.
The South African rand on Thursday notched an 11th consecutive trading session of losses, marking its longest bearish trend in a quarter century, Bloomberg reports.
West Texas Intermediate crude oil futures on Wednesday dropped in value as the chief of the central bank of the U.S. said economic stimulus will continue spurring the world’s largest economy and the globe’s top consumer of the energy commodity, according to published reports.
Weaker-than-anticipated retail sales prompted the Canadian dollar to continue losing value during the Wednesday trade session, Bloomberg reports.
The Japanese yen on Wednesday lost value after policy makers with the Bank of Japan committed to double the monetary base during the next two years, according to Bloomberg.
Gold futures were slipping on Tuesday, ahead of the congressional testimony of the chairman of the U.S. Federal Reserve, which emboldened the U.S. dollar, according to Reuters.