Australian dollar closes stronger

Local unit lifts on US dollar weakness. 27 May 2011 6:54 PM

Local unit lifts on US dollar weakness. 27 May 2011 6:54 PM
MUMBAI, May 10 Gold contract, for June delivery, rose $US11.60, or 0.8 per cent, to settle at $US1503.20 a troy ounce on the Comex division of the New York Mercantile Exchange.
Gold ETF had lost 4.8 per cent last week through Thursday before stronger US non-farm payrolls renewed concerns that rising consumer and producer prices are [...]

British RICS Real Estate Index for March reported lower, but beats estimates for March.
MUMBAI, Apr 10 (www.GoldTradingCalls.com) – Gold Trading prices hit record highs at USD1474.45 along with Silver prices their strongest in 31 years, as the dollar slid to 15-month lows against the euro, with simmering concerns over inflation and unrest in the Middle East also fuelling buying.
Dollar and Oil prices
* The dollar weakened against the euro, [...]

THE ringgit closed lower versus the US dollar yesterday as investors switched to safe haven currencies amid higher crude oil prices due to the prolonged unrest in Middle East that may dampen global economic development, dealers said.

FX Options and Futures positioning shows that forex speculators remain heavily net-short the US Dollar against major currency counterparts, warning against aggressive bets on USD reversals through near-term trade.

Nifty Live Chart | Nifty Futures Charts | Live Nifty Chart
BankNifty Live Chart | BankNifty Futures Charts | Live BankNifty Chart
CNX IT Live Chart | CNX IT Futures Charts | Live CNX IT Chart
CNX NIFTY Jr Live Chart | CNX NIFTY Jr Futures Charts | Live CNX NIFTY Jr Chart
var addthis_pub = ”;
var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, [...]

MCX Online | MCX Live | MCX Charts

See the original post here:
GBP/JPY Classical 02.21
var addthis_pub = ”;
var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, delicious, myspace, google, facebook, reddit, Buzz, more’;

The Obama administration’s proposal for reducing the government’s role in housing finance may pit Wall Street against real estate groups as it restructures the $11 trillion mortgage market.