Currencies

  • ETFs to Watch June 18, 2012 (BND, EUO, GREK)

    June 17 2012 3:45 AM

    Here is the ETF Professor's ETF Watch List for Monday June 18, 2012.The Global X FTSE Greece 20 ETF (NYSE: GREK) and the Vanguard MSCI Europe ETF (NYSE: VGK) will be in the spotlight.

  • Rupee Posts First Weekly Gain in 2 MonthsRupee Posts First Weekly Gain in 2 Months

    June 09 2012 6:40 AM

    The rupee weakened on Friday on worsening global risk sentiment, but posted its first weekly gain against the dollar in more than two months as the local currency recovers from oversold conditions.

  • Bank of Japan Ups Bond Purchasing Program to $867BBank of Japan Ups Bond Purchasing Program to $867B

    April 27 2012 2:07 PM

    The Bank of Japan will expand its Asset Purchase Program by an additional 5 trillion yen ($62 billion) to increase the purchase of Japanese government bonds, exchange-traded funds and Japan real estate investment trusts, the bank announced in a statement Friday.

  • Rupee Down to 7-week Low on Dollar DemandRupee Down to 7-week Low on Dollar Demand

    March 07 2012 2:05 AM

    The rupee continued to weaken for the fifth consecutive session on Wednesday, sliding to a seven-week low, due to incessant dollar demand from oil refiners and gold importers.

  • Rupee Hits 3-week High on Capital InflowRupee Hits 3-week High on Capital Inflow

    February 29 2012 5:19 AM

    The rupee surged to its highest in three weeks on Wednesday as capital inflows picked up ahead of a large share sale in state-run Oil and Natural Gas Corp.

  • RBI's Reference Rate for Dollar TodayRBI's Reference Rate for Dollar Today

    February 21 2012 3:25 AM

    The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 49.0835 rupees and the euro 65.1705 rupees.

  • Rupee Up on Strong Dollar Inflows and Greek Austerity BillRupee Up on Strong Dollar Inflows and Greek Austerity Bill

    February 13 2012 4:31 AM

    The rupee rose further in afternoon trading on Monday helped by robust dollar inflows and a bounce back in local shares after an improvement in risk appetite as Greece inched closer to securing the bailout.

  • World Stocks Rise After German Court OKs Greek AidWorld Stocks Rise After German Court OKs Greek Aid

    September 07 2011 7:43 AM

    World stocks rose from a two-week low on Wednesday and the euro rebounded across the board after Germany's top court rejected lawsuits aimed at blocking Germany's participation in bailout packages for Greece and other euro zone countries.

  • Gold Falls after German Court OKs Euro AidGold Falls after German Court OKs Euro Aid

    September 07 2011 7:39 AM

    Gold prices fell around the world Wednesday after a German court cleared the way for Europe's richest nation to help its weakest ones and a slew of encouraging news lifted global stock markets.

  • Profit-Taking, Euro Zone Worries Cut Gold Down in European Trading

    September 07 2011 7:11 AM

    Gold prices were down 1 percent in Europe on Wednesday after a volatile session in Asia as skittish investors cashed in gains after the precious metal's rally to record highs, though concerns over euro zone debt still underpinned the market.

  • Japan's Foreign Reserves Hit All-Time High

    September 07 2011 6:56 AM

    Japan's foreign reserves surged to an all-time high in August after it spent a record amount to intervene in the currency market, aiming to curb a sharp yen rise that could derail the economy's recovery from the March earthquake and tsunami.

  • USDCAD: Bearish Threat Seen Within Consolidation Zone (Daily Technical Strategist).

    August 31 2011 7:05 PM

    USDCAD:  Although USDCAD is now vulnerable to the downside on consolidation, as long as it continues to hold above the 0.

  • EURUSD: Price Stalls At Falling Trendline ResistanceEURUSD: Price Stalls At Falling Trendline Resistance

    August 21 2011 8:34 PM

    EUR/USD: The pair closed higher the past week but stopped short of breaking above its falling trend line.

  • ETFs To Watch January 18, 2011 (QID, PALL, FXM, EPI)

    January 17 2011 3:10 PM

    Here is the ETF Professor's ETF Watch List for Tuesday January 18, 2011. Let's see if BP (NYSE: BP) can continue to lift the iShares MSCI United Kingdom Index Fund (NYSE: EWU).

  • Silver up 4 pct, gold rises 1.7 pct on day; analysts say short-covering helps white metal

    November 18 2010 2:21 PM

    Silver rallied sharper than gold on Thursday and some analysts see the trend to continue as many big global players are yet to cover their huge short positions in the white metal. A broadly weak US dollar, growing expectations that Ireland will soon be bailed out by the EMU and an absence of fresh cues from China about it raising the policy rates also helped an across-the-board rise of commodities on the day.