Fear Factor Foible

By Jon Nadler
18 September 2009 @ 10:50 am EDT

Lackluster conditions marked the passage of the overnight trading hours in metals as the dollar's fall slowed considerably and as oil prices started showing signs of nervousness about demand in the commodity. That which did fall in the wee hours, was the British pound. It was...pounded by concerns that Lloyds Banking Group and other similar UK institutions might have more purging to do from their balance sheets following the credit binge of the pre-2007 era.

IBTimes Commodity Commentaries

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