Gold advanced to USD $ 1556.40 an ounce, as the Fed’s continuing policy of maintaining record low levels of interest rates depreciated the Greenback even more. With the Dollar Index falling for a ninth consecutive day, more investors are rushing towards investing in the precious metal, since the depreciation of the dollar is reducing the…Read more
April 2011
Crude Oil Price Update- Oil Advances on Account of Strong Consumer Spending in US
Oil prices made further advancements on Friday after consumer spending results showed that the demand for crude oil may rise more. WTI crude future rose by 0.95 percent to USD $ 113.93 a barrel, while Brent future rose by 0.70 percent to USD $ 125.89 a barrel. Data released by the Commerce Department showed that…Read more
Currencies Update- Greenback Continues Decline Caused by Low Interest Rates
The US Dollar declined in value against the major currencies, as the Fed continued with its policy of maintaining low interest rates and buying US Treasury Bonds. The Euro-USD exchange rate increased by 0.1164 percent to 1.4840. The USD-JPY exchange rate also appreciated by 0.0426 percent to 81.5705, while the AUD-JPY exchange rate was 88.8273….Read more
Finance Courses Redux
Here is the most recent and current list of free and paid for online and video based courses on core finance, computational finance, treasury operations, excel templates, risk and regulatory reporting at the Learning Corporate Finance blog. Enjoy… Free Finance Courses Accounting Crash Course Advanced Derivatives Crash Course – Structured products, credit…Read more
Gold and Silver Price Update-Gold Advances Due to Weakening Dollar & Rising Inflation
Gold prices increased yesterday, and were on track of registering their biggest monthly gain since November 2009. Gold for June delivery increased by 0.18 percent to USD $ 1533.90 an ounce. The increase in price was spurred by a weak dollar and increasing inflation in the US economy. The US Dollar declined to its lowest…Read more
Crude Oil Price Update- Fall in Price Due To Signs of Slow US Economy
Oil prices dropped in New York yesterday due to signs that the US Economy is slowing down and the demand of oil is decreasing. WTI crude future for June delivery fell by 0.30 percent to USD $ 112.52 a barrel. Brent crude future for June delivery fell by 0.31 percent to USD $ 124.63 a…Read more
Currencies Update- USD Declines Against Major Currencies On Account of Fed Maintaining Low Interest Rates
The US Dollar depreciated against all major currencies, after the US Federal Reserve Chairman, Ben Bernanke, announced that the Fed shall continue with its expansionary monetary policy and maintain overnight lending to banks between 0 and 0.25 percent. The Euro-USD exchange rate rose by 0.4389 percent to its value of 1.4853, while the USD-JPY exchange…Read more
Gold and Silver Price Update-Fed’s Decision of Low Interest Rates Increases Demand for Gold
Gold and silver recorded considerable gains after the Fed announced its plans of maintaining low interest rates in order to spur the US economy towards recovery. Gold future advanced by 0.91 percent to USD $ 1530.90 an ounce, while silver future advanced by a massive 4.81percent to be at USD $ 48.20 an ounce. The…Read more
Crude Oil Price Update-WTI Advances Due To Fed Continuing Low Interest Rates
Oil prices increased in New York, after the US Federal Reserve announced its plans of continuing with its relaxed monetary policy in order to bolster the US economy. WTI crude future for June delivery rose by 0.55 percent at USD $ 113.38 a barrel. Brent future increased by 0.38 percent to USD $ 125.61 a…Read more
Currency Price Update 27th April 2011-Dollar, Yen Depreciate, Australian Dollar Rises on Speculation of Increased Borrowing Rates.
The Greenback depreciated to its lowest level in two years against a basket of currencies, as speculators believed that the Fed shall continue to inject money into the US economy after its Quantitative Easing plans of purchasing Treasury Bonds worth USD $ 600 billion expires in June. The Fed is also expected to maintain overnight…Read more