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NZ manufacturing contracts, new orders pick up

posted by Avatar hanayoridango 591 days ago in NZD, Employment, Manufacturing made popular 591 days ago

New Zealand manufacturing contracted for a second month, led by wood and paper products, though new orders recovered and employment stayed positive, which may signal an end to the gloom. read more
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Copper, Gold Jump As Dollar Drops; Silver Hits 30-Yr Peak

posted by Avatar fxlady 591 days ago in USD, Gold, Metals made popular 591 days ago

Copper hit 27-month highs and gold returned to record peaks on Wednesday, propelling a widely watched commodity index to a two-year high as the dollar weakened again on expectations that the U.S. Federal Reserve will soon start a new round of mon read more
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The Fed may actually try to raise inflation

posted by Avatar fxcashmonster 591 days ago in USD, Inflation made popular 591 days ago

You see, the Federal Reserve has pretty much shot all of the bullets in its “interest rate lowering” gun. And that still didn’t get the economy on a solid footing. read more
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Oil prices rise on eve of OPEC meeting

posted by Avatar eriathwen 591 days ago in Oil made popular 591 days ago

Oil prices soared on Wednesday on the back of a weak dollar and strong Chinese crude imports as the market waited for this week's crucial OPEC output meeting in Vienna. read more
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Gold soars to new record, tops 1,370 dollars

posted by Avatar domyouji 591 days ago in USD, Gold made popular 591 days ago

Gold futures on the COMEX Division of the New York Mercantile Exchange reached new highs on Wednesday, lifted by a weaker U.S. Dollar and rising inflationary expectations, as investors flocked to the precious metal to hedge the weakening greenbac read more
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Oil prices soar on weak US dollar

posted by Avatar ceronueve 591 days ago in USD, Oil made popular 591 days ago

Oil prices soared on Wednesday on the back of a weak dollar and strong Chinese crude imports as the market waited for this week's crucial OPEC output meeting in Vienna. read more
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Copper at 27-month high as metals rally

posted by Avatar butterscotch 591 days ago in USD, Metals made popular 591 days ago

Copper rallied on Wednesday to a 27-month top, on expectations of renewed liquidity measures in the United States, the world's largest economy. read more
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Gold and Commodities Respond to QE2

posted by Avatar BloodDiamond 591 days ago in USD, Gold made popular 591 days ago

It took a while, but stock traders have decided they like what they saw from the minutes of the Federal Reserve’s September meeting. read more
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Dollar opens higher, pushing past 99 US cents

posted by Avatar babyblue 591 days ago in USD, AUD made popular 591 days ago

The Australian dollar was higher this morning after touching a fresh 27 year high, after persistent speculation among analysts about the US Federal Reserve's plans for quantitative easing. read more
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NZ dollar pushes up on weakening $US

posted by Avatar andes 591 days ago in USD, NZD made popular 591 days ago

The New Zealand dollar got within a whisker of its highest level against the greenback in more than two years, as reaction continued to Federal Reserve meeting minutes which reinforced expectations of more monetary easing in the United States. read more
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Franc Falls After Hitting Record vs. Dollar, Drops vs. Euro

posted by Avatar commodityblog 591 days ago in USD, EUR, CHF made popular 591 days ago

The Swiss franc slipped today against the euro after Axel Weber said that the European Central Bank should end its bonds-purchase program. The franc also fell after reaching the record high level versus the US dollar. read more
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EMI rises 18c despite dollar

posted by Avatar yosoybeloved 591 days ago in AUD, Agriculture made popular 591 days ago

WOOL prices defied the strengthening Australian dollar with the Eastern Market Indicator rising 18 cents to 893c/kg clean last week. read more