USD Plunges forNo Reason I could see. NZ CPI

Rates as of 0500 GMT Market Recap Wow! The dollar got absolutely CLOBBERED! Moreover, its hard to attribute the move pin the blame? on anything in particular. Normally I would assume such a big move might be in response to some huge riskon mood in the markets, but both European stocks and US stocks were […]
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Oil Gains Push Rouble Past Ukraine Tensions; Stocks Rise

April 20 Reuters Russias rouble was supported by stronger oil prices on Tuesday, but gains were limited as tensions with Ukraine ramped up, while emerging market stocks rose on improving sentiment over a global economic recovery. The rouble added about 0.2 as oil prices rose on the prospect of improving global demand. But the currency […]
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Gold Edges up on Weaker Dollar and U.S. Yields

April 20 Reuters Gold prices inched higher on Tuesday, hovering below a sevenweek peak hit in the previous session, bolstered by a pullback in U.S. Treasury yields and a weaker dollar. Spot gold was up 0.1 to 1,770.40 per ounce at 1215 GMT, after hitting 1,789.77 on Monday, its highest since Feb. 25. U.S. gold […]
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LongTerm JGB Yields Fall as 20Year Auction Soothes Nerves

TOKYO, April 20 Reuters Yields on longerdated Japanese government bonds fell on Tuesday, after an auction of 20year notes drew reasonably strong demand, easing concerns about investor appetite for new debt coming to market. The lowest price accepted at the finance ministrys auction of 20year bonds was higher than traders expectations, which is an indication […]
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AUD, NZD Hit FiveWeek Highs on Rising Commodity Prices

SYDNEY, April 20 Reuters The Australian dollar hit its highest level in nearly five weeks on Tuesday after the central bank sounded upbeat on the countrys economic recovery, while higher commodity prices also underpinned the currency. The Aussie gained 0.54 to 0.7796 its highest since March 18 after minutes from the Reserve Bank of Australias […]
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