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.
OptionsXpress illegal buy-writes left shorts naked, judge rules
OptionsXpress Inc., a unit of U.S. brokerage Charles Schwab Corp., and its former chief financial officer helped to facilitate sham transactions that violated U.S. securities laws, an administrative court ruled.