Dollar gains against major currencies, commodities

January 27, 2010 | Comments Off

The dollar has grown stronger to start this week, gaining ground against most major currencies and commodities, the Japanese yen, being the prominent exception. Read more

Gas prices falling in line with oil prices

January 22, 2010 | Comments Off

While declining oil prices over the last week have not necessarily caught the attention of consumers as much as they have speculators and impacted businesses, falling gas prices have. Friday (January 22) marked the seventh consecutive day of falling fuel prices with the current national average at $2.73, according to Wright Express and the Oil Price Information Service. Read more

Oil falls below $79 on strong dollar

January 15, 2010 | Comments Off

As the dollar has rebounded from some recently disappointing jobs news, it has pushed back against recent gains in oil prices and gold prices. A barrel of oil fell below $79 in Friday (January 15) morning trade on the New York Mercantile Exchange. Read more

Dollar struggles again after latest job, housing news

January 13, 2010 | Comments Off

Exchange rates have not been favorable for the US dollar in the early part of the week as the greenback has been hit again following disappointing news of late on the job and housing sector fronts. Read more

Gold price spikes as jobs disappoint

January 8, 2010 | Comments Off

Just when it appeared that the gold price was ready to reverse its long-running and fast-paced upward trend, speculators have begun to jump back in. After falling to a 60-day low of $1,080.50, the price of gold reached its highest point in just over a month at the close of New York trade on January 6th. Read more

Oil prices back near $82

January 6, 2010 | Comments Off

Oil prices have started the New Year with a bang as the price of a barrel of crude oil currently sits just below $82 in early Wednesday (January 5th) trade on the New York Mercantile Exchange. Read more