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  Greenback extends gains vs euro,pound
  19 November 2009 14:39:46
   
  The greenback extended gains against major European counterparts Thursday.

The dollar is trading at a new multi-day high of 1.6675 against the pound.

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Against the euro and the franc, the dollar is now worth 1.4887 and 1.0159, respectively.
    FOREX Reports  
  Rouble steadies against majors
  Russia’s currency, the rouble held stable near recent 14-month highs on Tuesday, propped up by domestic tax needs.
  Euro rises against dollar, yen
  The euro gained against the dollar, yen and the franc but fell against the pound ahead of the release of the German ZEW economic sentiment report for March and the revised consumer price inflation data from the Euro-zone for February.
  Greenback mixed in European trade
  The greenback remained mixed against major currencies in early European trade Tuesday, ahead of the outcome of the U.S. Federal Reserve's policy meeting.
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    Technical Calls  
  Gold, copper in positive territory, Oil unchanged
  Spot Gold prices were trading in the positive territory today till 4.00 pm IST today, as the dollar index weakened, albeit marginally, paving way for the yellow metal prices to regain the lost ground.
  Fund flow into gold, commodities continue
  The flow of funds into gold and other commodities markets from investors meanwhile continues.
  ETF Silver holding at 469.2 million ounces
  That said, there still is a fair amount of investor concern regarding the pace and strength of the current recovery. Combined ETF silver holding were 469.2 million ounces at the end of last week, down from 472.9 million ounces on 5 March.
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     Market Pulse
 
 
MCX mentha oil trades with mixed note
  Mentha oil futures traded with mixed note on the MCX counter Tuesday due to continuing profit taking at the higher level.
 
NCDEX chana tumbles on profit taking
  Chana futures tumbled in the early trading session Tuesday as traders indulged in profit taking due to the higher supply in the domestic spot market.
 
MCX cardamom climbs up on fresh demand
  Cardamom futures spurted Tuesday on the back of revival in demand spot market amid short supply. MCX cardamom April contract ended the session higher by Rs 11.80 at Rs 1,206.10 after hitting the high of Rs 1216.90 per 1 kg.
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