Foreign Exchange and Commodities Market Report
The Andisa Foreign Exchange and Commodities Report is updated daily and e-mailed to clients every morning. It provides a brief summary of major overnight movements in the international and local currency and commodity markets. It also includes the latest major currency and commodity prices.

[3 September 2010]     [View & Download the Full Report]
NEW YORK
The dollar weakened against the major currencies as better-than-expected US data on housing and jobless claims boosted risk appetite, though investors remained cautious ahead of a key US jobs report, due later this afternoon.
Gold prices settled slightly stronger as investors set positions ahead of the key US employment report, forecast to show a worsening labour market, which could boost demand for safe-haven assets.

JOHANNESBURG
The rand strengthened to more than three-week high against the dollar, largely driven by increasing risk appetite that also boosted other emerging currencies.

BASE METALS
Copper prices reached four-month highs, but prices settled off their peaks as investors' attention centered on pending US jobs data.