Treasurys up, dollar down after jobless claims (at MarketWatch)
Treasury prices rose slightly and the dollar remained lower Thursday after a report showed initial claims for jobless benefits rose 15,000 to 472,000 in the latest week. Yields on 10-year notes , which move inversely to prices, fell 2 basis points to 2.91%. us.rd.yahoo.com |
Crude Oil Rises With Equities, Gold Falls on Dollar Rally (DailyFX)
Crude oil got a boost from the continued uptrend in equities, as traders consider recent weak economic data as priced in. Gold fell after the greenback rallied strongly off support. finance.yahoo.com |
Sarkozy looks to limit exchange rate swings (AP)
President Nicolas Sarkozy says France will push for ways to limit excessive volatility in exchange rates during his country s upcoming leadership of the Group of 20 major economic powers. finance.yahoo.com |
Euro tops $1.38 on diverging policy expectations
[at MarketWatch] - The euro extended gains against the U.S. dollar to top $1.38 on Tuesday as decisions from the Bank of Japan increased expectations that the Federal Reserve may be more inclined to similarly ease monetary policy while the European Central Bank is seen as trying to exit from its accommodative policies. us.rd.yahoo.com |
Colgate Brushes Up On Dollar Trade
Downside risks to the U.S. dollar, with expected QE2 and low interest rates holding at historically low levels the most apparent, remains the strongest reason to clean up with Colgate. us.rd.yahoo.com |