
Gold prices fell for the third straight session and clear their lowest level since 19 March / March amid rising US Dollar Index for a second straight session, according to the inverse relationship between them following the developments and economic data that Tbanha Friday from the US economy and high unemployment rates other than the projections shown in conjunction with the exceed the pace of job creation in May / May last before expressed the federal Open Market Committee member William Dudley that the Fed still prefer to increase interest rates this year amid a passion markets for any hints about the direction of monetary policy makers before June 16 to 17 this meeting. Promptly at 9:07 pm GMT, futures fell for gold delivery July 15 to 1,171.38 $ an ounce levels compared to opening levels at 1,176.89 $ an ounce, having achieved its lowest level at 1,162.71 $ an ounce and top them during the day's trading at 1,178.55 $ per ounce . On the other level, the US dollar index rose against six major currencies, especially the euro, which weighs more than half of the index as well as the Swiss franc, Japanese yen, pound sterling, krone Swedish Canadian dollar is currently trading at 96.36 levels compared Balavtaatahih at 95.53 after it achieved the highest levels During the trading session at 96.95, while the minimum is achieved at 95.37. This was followed on Friday for the issuance of reading the unemployment rate by 5.5% compared to the previous reading for the month of April / May and expectations for a rate of 5.4% in US US economy is the largest economy in the world, while reading the change in the functions of the sectors except agricultural explained the creation of some 280 thousand and Zvih added for about 221 thousand jobs added in April / May last, outperforming the expectations at about 222 thousand jobs added, also showed a read-income rate of acceleration of the pace of growth to 0.3% compared with a rise of 0.1% outperforming also on expectations at 0.2%. On the other level, Dudley head of the New York Fed has noted that "if the labor market continued to improve and inflation expectations remained firmly rooted, of Osma expect - the absence of some uncertainty on the prospects for growth - to support the decision Balbda to normalize monetary policy later this year "amid Dudley warns that" there are still some doubts about whether growth is strong enough to lead to the creation of more jobs in the labor market. " In the same vein, we would like to point out that modern Dudley, who prepares the advance came after showed a final reading of GDP recently world's largest economy shrinking by 0.7% in the first quarter and after hours of International Monetary Fund urged the Fed to be patient in taking increase interest rates until the first half of 2016, and expressed the importance of having signs of a sustainable recovery, particularly regarding wages and inflation, amid a passion markets about the directions and decisions of the monetary policy-makers before the start of actualities June meeting, which is expected to reveal in which expectations the Reserve Bank Fed to the pace of growth, unemployment and inflation rates for the next three years.
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