Sugar has had a nice rally from the $0.16 level on news that the U.S. government will buy sugar on the domestic market in an effort to push up prices and avoid a larger bailout later.
Market relationships offer insight into recent turns
This is a market of relationships. The more we understand those relationships, the better we are prepared for the unknown.
Dollar gains most in 2 months as Bernanke signals bond-buy taper
The dollar rallied the most in two months versus the euro as Federal Reserve Chairman Ben S. Bernanke said the central bank could reduce its bond-buying this year and end it next year if economic improvement continues.
ABM AMRO ordered to pay $1 million for seg fund deficiencies
CFTC orders ABN AMRO Clearing Chicago LLC to pay $1 million to settle charges of segregated and secured fund deficiencies, a minimum net capital violation, books and records violation, and supervision failures.