| Gold ends lower as dollar strengthens (at MarketWatch) Gold futures slide below $1,200 an ounce as the dollar rises and investors seem to be in no hurry to snap up bullion at the lower prices. us.rd.yahoo.com |
NZD/USD Classical 07.23 (DailyFX) NZD/USD : Resistance by 0.7300 remains critical and how the market responds by this level will be key in terms of establishing directional bias. Any attempts to rally above this level have proved fleeting, resulting in some sharp pullbacks. finance.yahoo.com |
SNB is backed into a forex corner [at Financial Times] - The Swiss franc might be hovering near record highs against the euro, but the Swiss National Bank is unlikely to revert to direct intervention to stem the currency s appreciation, says Chris Turner, head of FX strategy at ING ING. us.rd.yahoo.com |
Tokyo action puts brake on yen [at Financial Times] - The yen slumped from a 15-year high against the dollar this week as Japan intervened in the currency markets for the first time in six years. us.rd.yahoo.com |
Geithner expecting yuan to get stronger United States Treasury Secretary Tim Geithner expects China will allow the yuan to strengthen because officials there understand it's in the interest both of domestic growth and global economic stability."They recognise it's important... nzherald.co.nz |