A Strong US Dollar Triggers Weakness in Commodities and their Currencies

As of this posting, gold dropped $17.70 or 1.16% to $1,498.40 because investor demand for the U.S. currency is growing because the outlook for Greece securing additional aid is in flux. Today market participants are choosing the dollar over the precious yellow metal. Silver also plummeted $3.11 or 8.09% to $35.375.

Source: ActionForexall Rss Feed

Early Weakness for Bonds Dissipates as Crude Oil Reverses

The knee-jerk drop in government bond yields that accompanied the announcement of bin Laden's demise is wearing off like a nerve-numbing analgesic. The argument that Al-Qaeda is rudderless following the loss of its leader and that the risk appetite hatches have been blown right off is simply Monday morning wishful

The USD Swoons; More Weakness is Likely

The Fed consigned the greenback to another bout of weakness, signalling that easy policy would remain in place for the foreseeable future, and markets were only too happy to oblige, sending the USD index to lows last seen in 2008. We see little on the fundamental horizon that could alter