Foreign Exchange Markets

Stocks zigzag as dollar slides on jobs report

Stocks fluctuated in a tight range Friday as investors found some positives for the market in a surprisingly weak jobs report. The Labor Department said employers cut more jobs than expected in October, pushing the unemployment...

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Gold prices soar to $1,100; other commodities fall

Gold prices outshone other commodities Friday, soaring to a new high of $1,100 an ounce, as prices for copper, oil and soybeans fell. Gold prices have been rallying in recent weeks as investors fear the government's low...

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Asian Markets Track Wall Street Gains

By in Singapore Asian markets ended higher Friday, following overnight gains on Wall Street, with commodity-related stocks boosted by weakness in the U.S. dollar. China Cosco Holdings gained 2.1% in Hong Kong and 1.1% in...

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Euro Slides Versus Dollar

BY BRADLEY DAVIS The euro retreated from its intraday highs Friday morning to trade lower against the dollar as U.S. stocks wavered and investors digested U.S. unemployment numbers. Around midday, the euro was at $1.4843 from...

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Market extends gains for straight third day on positive global cues

Friday, November 06, 2009 (New Delhi) The key benchmark indices extended last two days' strong gains as US dollar fell against a basket of major currencies. BSE clocked a turnover of Rs 5997 crore, higher than Rs 5972.13 crore...

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Forex Trading - Forex Market Awaits Non-Farm Employment Change Figures

Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities...

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G20 officials seek support for future growth

An anti-G20 protestor displays a banner saying "Nae Tae G20" (No to G20) during a small protest against the G20 Finance Ministers meeting in St. Andrew's , Scotland Friday Nov. 6, 2009. British Treasury chief Alistair Darling,...

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When the Punch Bowl Goes Away (Broker Talk)

Even though the Federal Reserve didn’t raise interest rates this week, the government inches closer to raising interest rates and ending massive stimulus programs. These brokerages weigh in. Who’s Talking: Liz Ann Sonders,...

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Zimbabwe: Currency Comeback Speculation Unsettling

DESPITE the serious shakiness of the inclusive government, apparent from the onset, investors had begun showing renewed interest in the country since its formation. The main attraction has been the hope for an economic revival...

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Headline unemployment rate creates dollar shocker

We’re not quite sure what all the fuss is about this morning when it comes to splicing and dicing the non-farm payrolls report. A 10.2% headline national rate of unemployment - the first in 26 years grabbed attention upon the...

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