| FOREX-Euro falls from 2-month high after breaking $1.3000 (at Reuters) * Euro helped by rising European money market rates * Dollar falls to seven-month low vs yen * Drop in U.S. consumer sentiment weighs on dollar us.rd.yahoo.com |
Gold futures fall almost 1% as dollar rises (at MarketWatch) Gold futures declined Tuesday as the U.S. dollar gained and Wall Street readied for opening losses. The contract for December delivery fell $10.00 to $1,218.50 an ounce. The metal appeared unable to sustain upward momentum as equity market weakness and broad dollar gains fueled selling pressure, noted analysts at Action Economics. us.rd.yahoo.com |
FOREX-Yen hovers near 15-year high vs dollar; euro slips [at Reuters] - * Mixed messages from Japanese officials on intervention * Euro stays under pressure on sovereign debt concerns * Aussie dollar hits 4-month high on solid jobs data us.rd.yahoo.com |
Australian Dollar Rally May Falter On Comments From RBA, G20 The Australian Dollar hit parity against the greenback for the first time since the currency was freely floated in 1983, but the near-term rally could come under pressure in the following week as we expect the Reserve Bank of Australian to maintain a dovish outlook for future policy. finance.yahoo.com |
Gold Hits Nominal Record as Investors Seek ‘Hiding Place’ Investors worry that a Fed move to add $600 billion to the banking system may undermine paper currencies. nytimes.com |