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Dollar rises against euro, falls against yen

Friday, 27 March 2015


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The dollar lost ground against the yen Thursday, but traded higher against the euro after falling for most of the past week.

The dollar USDJPY, +0.02%  was down at ¥119.20 from ¥119.50 late Tuesday.

The euro EURUSD, +0.02%  bought $1.0875, down from $1.0971 late Wednesday in New York, after gaining ground earlier Thursday against the dollar.

 The ICE U.S. Dollar Index DXY, -0.01% which gauges the dollar’s strength against six other currencies, was flat at 97.4040.


Gas Market Update


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April natural gas NGJ15, -0.64%  turned lower to trade at $2.666 per million British thermal units, down 5.7 cents, or 2.1%. The EIA reported Thursday an increase of 12 billion cubic feet in last week’s natural-gas supplies. Analysts polled by Platts forecast a rise of 12 to 16 billion cubic feet.


Silver Market Update


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May silver SIK5, -0.53%  added 14 cents, or 0.8%, to end at $17.14 an ounce.

April gasoline RBJ5, -1.39%  traded at $1.862 a gallon, up 2.6 cents, or 1.4%, while April heating oil added 4.1 cents, or 2.4%, to $1.769 a gallon.

Copper Market Update


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May copper HGK5, -1.09%  rose 1.9 cents, or 0.1%, to $2.811 a pound. 

April platinum PLJ5, -0.26%  tacked on $7.50, or 0.7%, to $1,154 an ounce.

June palladium PAM5, -0.72%  rose $7.95, or 1%, to $773.35 an ounce.


Oil races past $50 amid Saudi airstrikes in Yemen


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Oil futures jumped past $50 a barrel on Thursday, headed for their fifth straight daily gain as Saudi Arabian airstrikes in Yemen raised fresh concerns over potential disruptions to crude supplies.

May crude CLK5, -2.00%  climbed 98 cents, or 2%, to $50.19 a barrel on the New York Mercantile Exchange. It hit an intraday high of $52.48 a barrel, according to FactSet data.

May Brent crude LCOK5, -1.61%  on London’s ICE Futures exchange rose $1.70, or 3%, to $58.18 a barrel.


 

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