The U.S. dollar rose against major currencies in late New York trading on Wednesday as investors worried that Italian debt crisis might worsen.
Gold futures on the COMEX Division of the New York Mercantile Exchange lost some steam Monday, as U.S. dollar garnered some strength against all the major currencies, eroding gold’s appeal as an alternative asset.
The U.S. dollar on Wednesday rose against the major currencies on positive U.S. economic data and uncertainties of European debt crisis.
InvesTechFX, a leading online Forex platform, has been taking a close look at the yen and its broader effects on the Forex trading markets. The strength of the yen has been a concern in the world’s foreign currency exchanges for most of the year. Analysts and Forex trading experts are contemplating different yen scenarios and [...]
Chicago wheat price rallied on Friday, along with other commodities, amid cautious optimism that EU leaders were close to agreeing to a credible plan for the currency union’s bailout fund. Corn and soybean failed to hold on to earlier gains.
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