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Australian Dollar Sluggs It out with Syrian Pound
May 29, 2013The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar
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Gold Inched up on Monday as a Drop in The US Unemployment Rate
Dec 14, 2012BS reported that gold inched up on Monday as a drop in the US unemployment rate did little to dampen expectations that the Federal Reserve will maintain easy monetary policy when it meets later this week. Investors are watching ...
Tags: US, unemployment, monetary policy, job market
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Hedge Funds and Money Managers Sharply Cut Their Bullish Bets on Gold Futures Last Week
Dec 13, 2012Reuters reported that hedge funds and money managers sharply cut their bullish bets on gold futures last week on profit taking while an improving US economic outlook prompted them to switch copper contracts to its first net long in 4 weeks. ...
Tags: hedge funds, bullish bets, gold future, gold market