US July 12 EIA Crude Oil Stocks change increase to -6.902M vs -9.874M

Jul 17, 2013

AUD/USD retraces back to 0.9240 region

The AUD/USD foreign exchange rate took a hit Wednesday, as Fed Chairman Ben Bernanke breathed fresh life into the USD, which sunk the pair nearly 50 pips off its highs (0.9294) in recent moments.

Commodities Brief – Gold held by 1300, silver breaches 20.00 after Bernanke speech

Commodity prices stuck to their respective consolidations in the aftermath of Fed Chairman Ben Bernanke’s speech, with only silver being able to take advantage of a slight push.