logo

Forex, commodity mkt update

Thursday, 2 January 2014


The dollar sat around five-year highs of 105.26 yen in Asian early trade Thursday, against 105.33 yen in New York on Tuesday. The euro bought $1.3751 compared with $1.3753 while it was also at 144.83 yen from 144.89 yen. Oil prices rose. New York's main contract, West Texas Intermediate for February delivery, was up 27 cents at $98.69 in early Asian trading while Brent North Sea crude for February rose 22 cents to $111.02. Gold fetched $1,213.09 at 0230 GMT compared with $1,198.89 late Tuesday, reports AFP.