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By Tony C. Dreibus, Bloomberg |
April 15, 2013
Hedge funds and other speculators added to bullish gold bets as the metal slumped into a bear market and Goldman Sachs Group Inc. warned the retreat is accelerating after the longest rally in nine decades.
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By Justin Pugsley |
April 12, 2013
It is certainly looking like gold has lost its mojo. When a market no longer responds with higher prices to events that are normally seen as a positive, then it is generally a signal that a once bullish trend is over.
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By Austin Kiddle |
April 12, 2013
Bears of gold are battling with the bulls, with the bears excited by the shorter-term factors such as the U.S. economic improvement, and the bulls encouraged by the longer-term hedging demand by the global central banks.
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By Debarati Roy, Bloomberg |
April 10, 2013
Gold futures fell the most since November after Cyprus said it plans to sell the metal to raise money, while minutes from a Federal Reserve meeting spurred speculation that stimulus will be curbed.
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By John Detrixhe and Neal Armstrong, Bloomberg |
April 9, 2013
The yen strengthened from the lowest level in almost four years against the dollar on speculation its 6.4% slump against the greenback in the past three days was too rapid.
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By Steve Zwick |
April 1, 2013
With debates raging about high-frequency trading, new regulations and a transaction tax, there is plenty for traders to keep an eye on.
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By Natalie Weeks, Georgios Georgiou and Tom Stoukas, Bloomberg |
March 29, 2013
Cypriot President Nicos Anastasiades vowed to keep his country in the euro as Cypriots adapted to a second day of restrictions on their use of the common currency to prevent a financial collapse.
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By John Detrixhe, Bloomberg |
March 28, 2013
The euro gained the most this week versus the dollar as falling Spanish and Italian government bond yields signaled Cyprus’s banking crisis may be contained.
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By Emma Charlton and John Detrixhe, Bloomberg |
March 28, 2013
The yen rose versus a majority of its 16 most-traded counterparts as Cyprus’s banks reopened for the first time since striking a bailout deal that forced losses on some depositors, spurring demand for the safest assets.
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By Tom Stoukas, Maria Petrakis and Marcus Bensasson, Bloomberg |
March 28, 2013
Cyprus’s banks opened for the first time in almost two weeks, with new rules curbing access to cash preventing an initial panic to withdraw deposits.
