Yen Weakens on Central Bank Interest-Rate Prospects; Dollar Erases Losses

Posted by jalatama Senin, 25 April 2011 0 komentar
The yen fell versus all of its major counterparts on speculation the Bank of Japan will signal this week it will maintain monetary stimulus while policy is being tightened elsewhere.The euro climbed against the yen for a second day before data this week that may show industrial orders in the trading bloc accelerated, adding to the case for the European Central Bankto increase interest...

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Gold Falls as Some Investors Sell Following Advance to Record-High Price

Posted by jalatama Senin, 18 April 2011 0 komentar
Gold fell in New York as some investors sold the metal after prices rallied to a record on concern about European debt and faster inflation. Silver touched a 31-year high.Bullion futures reached a record $1,489.70 an ounce today. China increased banks’ reserve requirements to cool inflation that quickened in March to the fastest pace since 2008. The euro weakened against the dollar on speculation...

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