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PRECIOUS METALS: Gold Futures Rise Slightly After GDP Revision – Wall Street Journal

Reuters (press release) PRECIOUS METALS: Gold Futures Rise Slightly After GDP RevisionWall Street JournalThat support Friday was stymied by one of gold's other investment roles, that of an inflation hedge. Federal Reserve Chairman Ben Bernanke said Friday he …Proposing an … Continue reading

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British Pound Extends Downtrend Against Majors – RTT News

FXstreet.com The Forex Market British Pound Extends Downtrend Against MajorsRTT NewsThe pound dropped to new multi-day lows against the Swiss franc, yen and the euro. Extending European session downward trading, the pound declined further …Swiss Franc Ticks Up Against Most … Continue reading

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Producer prices rise modestly – Sydney Morning Herald

FXstreet.com The Forex Market Producer prices rise modestlySydney Morning HeraldAhead of Wednesday's crucial consumer price index (CPI) that could dictate another interest rate rise in August, the Australian Bureau of Statistics on …A preview of this week's Australian economic data:Trading … Continue reading

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Taking It to the Banks? – New York Times (blog)

Thanh Nien Daily Taking It to the Banks?New York Times (blog)There will be some limitation to what large banks can do on a proprietary basis, but they will still be de facto giant hedge funds, albeit hedge funds with …Analsysis: … Continue reading

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Yen Rises To 12-day High Against Euro – RTT News

Futures Portal (blog) Yen Rises To 12-day High Against EuroRTT NewsAt present, the franc-yen pair is quoted at 81.66. The Japanese currency is currently quoted at 90.44 against the US dollar and 134.0 against the pound, …Dollar rises vs euro … Continue reading

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WORLD FOREX: Euro Plunges To 4-Year Low After German Trade Ban – Wall Street Journal

BBC News WORLD FOREX: Euro Plunges To 4-Year Low After German Trade BanWall Street JournalNEW YORK (Dow Jones)–The euro plummeted Tuesday to a fresh four-year low after Germany announced it would ban …WORLD FOREX: Euro Slips To Intraday Lows Versus … Continue reading

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Forex: AUD/JPY resumes downside movement – NASDAQ

ForexLive (blog) Forex: AUD/JPY resumes downside movementNASDAQFXstreet.com (Córdoba) – On a risk aversion day, the Australian dollar is showing a small recovery against the Japanese currency. After bottoming at 85.71 …Forex: Fear Triggers Liquidation, More Losses AheadNASDAQFOREX: US Dollar, Japanese … Continue reading

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