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Gold Stocks Falls on Strong Dollar
March 20th, 2010 by forex
gold and other metals futures sank on Friday on uncertainty about European Union financial support for Greece, which gave another boost to the dollar.
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Bernanke: Economic Costs of Financial Crisis ‘Very Severe’
March 20th, 2010 by forex
Federal Reserve Chairman Ben Bernanke said Saturday that the economic costs of the financial crisis "have been very severe" and said the Fed has gone from managing the crisis to "supporting the economic recovery."
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EU cannot prolong Greek debt drama, 16 leaders told
March 20th, 2010 by forex
The European Commission urged Germany and other euro-zone governments Friday to put up a package of government-to-government loans to ease Greece’s financial plight and end weeks of financial turmoil and speculation.
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Euro Falls Most Since January as Leaders Spar Over GreeceAid
March 20th, 2010 by forex
The euro posted its biggest five- day drop against the dollar since January as European Union leaders sparred over financial assistance to Greece before a summit meeting next week, damping appetite for the currency.
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Gold market updated: Greece, the dollar and demand
March 20th, 2010 by forex
gold prices slipped a bit in overnight trading amid anemic Indian physical offtake and a further gain in the US dollar. The latter managed a climb back to very near the 80.50 mark on the trade-weighted index and pushed oil, base metals, and assor
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No wheat export, futures slump
March 20th, 2010 by forex
The wheat futures at National Commodity and Derivatives Exchange which was riding high last week on hopes of export news, suddenly slumped to near contract lows.
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Gold Cuts Weekly Gain to 0.5% vs. US Dollar
March 20th, 2010 by forex
gold Prices fell $7.10 to $1120.50 in London on Friday before rallying back near unchanged in early New York trade.
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CAD’s surge puts inflation, interest rates on back burner
March 20th, 2010 by forex
The surging Canadian dollar has caught many analysts by surprise. Their consensus was that parity with the U.S. dollar would be reached this summer but with the buck bumping 99 cents US this week and showing little sign of weakening, it could hit
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EUR/USD Weekly Review 15 Mar - 19 Mar 10
March 20th, 2010 by forex
Gold and silver decline during week as US dollar climbs
March 20th, 2010 by forex
gold prices fell sharply late on Friday after climbing for most of the week to reach US$1,130/oz and then stabilize at around US$1,125/oz.
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