Posts Tagged ‘Treasuries’
FOREX: Dollar Stages an Intraday Recovery as a Risk Appetite Run Fails, Treasuries Plunge and Europe Wavers
FOREX: Dollar Stages an Intraday Recovery as a Risk Appetite Run Fails, Treasuries Plunge and Europe Wavers
Gauging how the dollar did on Wednesday is a matter of how we measure performance. On a close-over-close basis, the benchmark currency put in for a respectable but modest advance. On the other hand, looking at an intraday chart, the there is a very different assessment to be made.
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Treasuries, Gold Rally on Economy Concerns; Stocks Advance
Treasuries, Gold Rally on Economy Concerns; Stocks Advance
Treasuries rallied, sending 10-year yields to the lowest level in more than 16 months, while gold rose to a six-week high following reports showing weaker-than- forecast growth in New York manufacturing and Japan’s economy. U.S. stocks gained as a weaker dollar boosted metals prices, lifting shares of raw materials producers.
Read more on BusinessWeek