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Posts Tagged ‘ Foreign Exchange Markets ’

Gold Steadies as Dollar Recovers, G8 Eyed

Jul 7th, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold steadied today,  Tuesday, erasing earlier gains, as the dollar recovered lost ground against a basket of currencies, reducing the precious metal’s appeal as an alternative asset.



Fed Chair Comments Boost Greenback

Jun 3rd, 2008 | By Jennifer Yousfi | Category: Politics & Economics

U.S. Federal Reserve Chairman Ben S. Bernanke came out in support of a stronger U.S. dollar today (Tuesday), indicating the Fed would remain on pause at its next meeting.