LONDON (AP) -- World stock and commodity markets were mixed Thursday with U.S. markets closed for the Thanksgiving holiday. Oil prices remained steady at around $97 a barrel, even though electronic trading in the U.S. continues. In Europe, the benchm
BERLIN (AP) -- The 13-nation euro hit a record high against the U.S. dollar on Thursday in thin holiday trading. The euro spiked to $1.4873 before falling back slightly to $1.4844 in early European trading. Its previous high of U$1.4856 was hit Wedne
TOKYO (AP) -- The U.S. dollar rose against the yen Thursday in Asia as Japanese importers bought the currency to settle their accounts ahead of a long weekend in Japan. The dollar advanced to 109.18 yen midafternoon, up from 108.68 late Wednesday in
TOKYO (AP) -- Japan's finance minister said Thursday that authorities are closely monitoring the yen's rise against the U.S. dollar but offered no clear sign of currency-market intervention to try to weaken the yen. Meanwhile, a board member of the B
TOKYO (AP) -- Japan's benchmark Nikkei stock index rose 0.3 percent in a pre-holiday session as the U.S. dollar rebounded against the yen from a 2 1/2-year low hit overnight. But concern over the exposure of insurance companies to the problems in the
DUBLIN, Ireland (AP) -- Luxury tableware manufacturer Waterford Wedgwood PLC said Wednesday it is cutting 1,400 jobs worldwide, including nearly half of workers at its flagship Irish crystal plant, in part because of the weak U.S. dollar. The overall
NEW YORK (AP) -- Gold jumped over $800 an ounce on Wednesday as oil prices neared $100 a barrel overnight and the dollar crawled to a low versus the euro -- inflationary signs that pointed investors to the shelter of precious metals. Records were set
Holiday-shortened trading weeks have historically brought narrow trading ranges to the forex market, but recent volatility clearly shows that traders remain willing to force major moves ahead of the typically illiquid Thanksgiving holiday. Given tha
Fundamental Headlines AUDUSD Australian leading indicators issued by the Conference Board and Westpac showed that economic growth in the country should remain resilient in the next 3-9 months, supporting the case for the RBAs most recent rate hike.
How Will The Markets React? Traders have already witnessed the impact of thin volumes ahead of the Thanksgiving holiday later this week, and things could get worse as some of the US and Asian markets are closed or will close early on Wednesday, Thur
BERLIN (AP) -- The dollar sank to a new low against the euro Wednesday on pessimism about the American economy and speculation Washington will soon cut interest rates again. The euro spiked to $1.4855 before retreating slightly to $1.4787 in morning
AUDCAD AUDJPY AUDNZD Commentary For months, we have been focusing on the long term 5 wave rally from .8165-.9514 which was followed by a 3 wave decline to .8375. However, since the decline into .8375, price action has been very choppy and the patter
Commentary: The Kiwi has been stuck in a range and based on the pattern that might be developing, this could remain the case. A triangle may be unfolding as wave B within a large A-B-C decline from .7891. Under a triangle interpretation, price is li
Commentary: We were wrong in our preffered count that wave 4 was still in progress towards 112.00+. The USDJPY has broken down and traded below 109.00 this morning. As long as price is below 110.58, the favored count places the pair in wave iii of 5
Commentary: We have maintained a bullish stance as the EURUSD is completing a 5th wave rally; BUT the rally may be nearing an end. We wrote yesterday that we favored labeling wave 4 as a triangle (alternation was one reason we favored this count). B
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
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