Gold Silver Reports ~ Crude oil fell, extending declines below $40 a barrel as the dollar reasserted itself following last week’s selloff and data showed the first increase this year in the number of U.S. rigs. Australian stocks swung between gains and losses.
Gold Silver Reports ~ EUR/USD extended sharp gains from the previous session surging to five-month highs, as foreign exchange traders continued to digest a dovish monetary policy decision from the Federal Reserve 24 hours earlier.
Gold Silver Reports – The dollar extended gains to hit a fresh three-week high against the other major currencies on Friday, as the release of strong U.S. data boosted optimism over the strength of the economy.
Gold Silver Reports – Gold prices slipped on Friday as the dollar ticked up and European share markets extended their rally but was heading for a weekly gain as buying surged via exchange traded funds.
Gold Silver Reports – Rupee pared declines from near a record low as traders said state-run lenders sold the greenback on behalf of the Reserve Bank of India.
Gold Silver Reports → The standalone credit profiles of many Indian public sector banks should come under pressure unless there is meaningful action to restore capital adequacy, says Fitch Ratings.
Gold Silver Reports → While Asia imports the bulk of the crudeoil it uses, cheaper crude does little to boost the region’s currencies. Crude Oil rates partly reflect the report for global~growth, which also impacts prospects for Asia’s exports or demand for emerging-market assets. Which tracks the region’s 10 most~used …
Gold Silver Reports → Reserve Bank of India Governor Raghuram Rajan is rebuilding the country’s foreign reserves as he sees an unavoidable slide in the rupee until the war on inflation is won.
Gold Silver Reports – Indian central bank Governor Raghuram-Rajan said that a certain amount of depreciation in the rupee is necessary as he works toward bringing down inflation.
Gold Silver Reports → India’s rupee completed its biggest weekly decline since mid-January as overseas funds fled the nation’s stocks amid a global equity rout.