By Jan Harvey LONDON, May 27 (Reuters) – Gold held below $950 an ounce in Europe on Wednesday, under pressure from a slight uptick in the dollar and a recovery in stock markets that diverted some investment from bullion.
By David Ignatius Remember those “toxic assets” that were clogging the financial system a few months ago? Well, despite all the billions in government bailout programs, they’re mostly still there.
NEW YORK, May 13 (Reuters) – New York gold futures ended higher on Wednesday after hitting a six-week high, supported by buying by gold-backed exchange-traded funds and alternative-investment demand amid losses on Wall Street, traders said.
By Steven C. Johnson NEW YORK, May 6 (Reuters) – The dollar edged up against the euro and sterling on Wednesday as worries about US banks and uncertainty about a European Central Bank meeting dulled risk appetite and boosted safe-haven flows into the …
By Halia Pavliva May 4 (Bloomberg) — Gold climbed for the first time in three sessions on surging demand for the metal as a store of value while the dollar fell and investors prepared for the release later this week of US bank stress tests.
By Matthew Brown and Yasuhiko Seki May 1 (Bloomberg) — The yen fell to a two-week low against the euro as signs of recovery in manufacturing in China and the US sapped demand for the Japanese currency as a refuge from global financial turmoil.
By Laura Mandaro & Deborah Levine, MarketWatch SAN FRANCISCO (MarketWatch) — Some glimmers of hope buried in a report on the US economy’s surprisingly sharp contraction in the first quarter deepened the dollar’s slide against most rivals Wednesday, …
WELLINGTON (Dow Jones)–The New Zealand dollar was trading modestly higher Monday, but was well off its session highs on broad risk aversion as most Asian shares fell after fears of a swine flu pandemic capped demand.
* Wall Street extends gains after “stress test” news * Euro at 1-week high vs dollar on German confidence NEW YORK, April 24 (Reuters) – US crude oil futures ended higher on Friday for the fourth day in a row as Wall Street extended gains and as a …
By Ye Xie April 22 (Bloomberg) — The yen rose against the dollar after a report showed a slump in Japan’s exports slowed in March, adding to signs the worst of the recession may be over.