FOMC Begins Two-Day Meeting

April 24, 2012

There’s been scant overnight movement in the dollar, which is unchanged against the euro, Swissie and loonie, up 0.1% relative to the yen and kiwi, and off 0.1% versus the yuan and sterling.  EUR/USD continues to trade near $1.3150, and the yen has an 81 handle. Stocks in Asia and Europe were more stable than […] More

Softer Dollar

November 28, 2011

The dollar gave back ground today, falling 2.3% against the Aussie dollar, 2.1% relative to the kiwi, 1.4% against the loonie, 1.0% each versus the euro and Swissie, and 0.8% against sterling.  The yen is unchanged, and the yuan slid 0.1%. Stocks climbed 1.6% in Japan, 2.0% in Hong Kong, 1.9% in Australia and Singapore, […] More

Another Record High for Gold

August 22, 2011

Gold prices are up 1.7% on balance after spiking earlier to $1894.80.  At the high, such was 19.4% above its level on July 21.  Strong gains were also registered in other precious metal prices overnight. The data calendar today is very thin.  Markets are calm so far.  Weekend press was filled with speculation about a […] More