News Column

BOURSE AFRICA (for 5.2.2014)

February 7, 2014

Euro/dollar futures and contracts for difference (CFDs) marginally weakened on Wednesday as the dollar closed at $1.3534 to the euro from $1.3522 on Tuesday. The euro weakened amid speculation slowing inflation will prompt the European Central Bank to reinforce its dovish stance while announcing an interest rate decision yesterday. Pound/dollar futures and CFDs weakened against the dollar to settle at 1.6315 on Wednesday from Tuesday's close of 1.6318. Gold futures and CFDs settled at $1 257.34 an ounce compared to Wednesday's close of $1 250.7 an ounce. West Texas intermediate crude gained to end at $97.34.

Pretoria News

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Source: Pretoria News (South Africa)

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