NEW YORK, March 1 — US stock markets rose yesterday on encouraging economic data and after optimistic comments from billionaire investor Warren Buffett, while the dollar hit a 3-1/2-month low against a basket of major currencies. World equities, measured by the MSCI All-Country World Index, added 0.8 per cent, after rising 1.1 per cent on Friday
NEW YORK: The euro pulled ahead of the US dollar on Monday in a market focused on anti-inflation signals that might come from European and US central bankers this week, with Europe seen more wary of price rises.
The yield on 10 year Australian government paper declined in February but the AUDUSD remains near multi decade highs. Will a new month lead to a reversal?
Speculators remain extremely long the EUR, GBP, AUD, CAD, and CHF.
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Gold is back near its all-time highs. Before trading it, know the risks and the potential. We see space for gold to rally further, but with continued risk of violent reversals
* US dollar index slides to lowest since early November * Fed’s Bernanke unlikely to signal exit from loose policy * Expectations of a hawkish ECB support euro; eyes $1.40 NEW YORK, Feb 28 – The U.S. dollar slipped to a 3-1/2-month low against major currencies on Monday and may extend losses on speculation Federal Reserve Chairman Ben Bernanke will continue to support stimulative policy. The …
THE dollar opened slightly higher today following a battery of mixed US data overnight.
The US dollar fell to a 3-1/2-month low against major currencies on Monday and may extend losses on speculation Federal Reserve Chairman Ben Bernanke will continue to support stimulative policy.
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