Fx Primus Rebates

Gold Prices Drop After Recent Gains

Gold prices weakened slightly on Friday even as the dollar remained on track to post its biggest weekly loss in 10 months amid the threat of a government shutdown. Spot gold slid half a percent to $1,257.35 per ounce, after rising over 1 percent in the previous session. U.S. gold futures were down 0.6 percent…

Fx Primus Rebates

Iceland Producer Price Inflation Highest In 5 Months

Iceland’s producer price inflation accelerated to the highest level in five months in November, figures from Statistics Iceland showed on Friday. The producer price index advanced 11.7 percent year-over-year in November, faster than the 8.4 percent in October. Domestic market producer prices rose 4.9 percent annually in November and prices in the foreign market surged…

Fx Primus Rebates

Pound Slightly Down After BoE Decision

The Bank of England retained benchmark rate at 0.75 percent and asset purchase target at GBP 435 billion, as expected. Following the decision, the pound fell slightly against its major counterparts. The pound was trading at 141.78 against the yen, 1.2540 against the franc, 0.9035 against the euro and 1.2688 against the greenback around 7:05…

Fx Primus Rebates

Dollar Steady Before U.S. Weekly Jobless Claims

At 8:30 am ET Thursday, U.S weekly jobless claims for the week ended December 15 are due. Ahead of the data, the greenback held steady against its major counterparts. The greenback was worth 111.68 against the yen, 0.9894 against the franc, 1.1454 against the euro and 1.2681 against the pound as of 8:25 am ET.…