Dollar Mixed, Gold Up in Europe Trading
Posted March 17, 2007
Dollar Mixed, Gold Up in Europe Trading
The U.S. dollar was mixed against other major currencies in European trading Thursday. Gold prices rose. The euro traded at US$1.3246, up from US$1.3224 late Wednesday in New York.
U.S. Stocks Fall on Rising CPI; Dollar Drops to Lowest in 2007
March 16 (Bloomberg) — An unexpected surge in inflation drove U.S. stocks to their first decline in three days and erased all of last week’s rebound on concern the Federal Reserve is unlikely to lower interest rates this year.
CPM Group Forecasts Drop in Gold Demand, Rise in Supply
Despite bearish predictions in market fundamentals, CPM Group sees the average price of gold in 2007 surpassing that of 1980 as the highest on record.
AP Executive Morning Briefing
The top business news from The Associated Press for the morning of Friday, March 16, 2007: FBI Raids N.American HQ of Japan Airline
Stocks Slump as Hopes for Rate Cut Fall
Stocks Fall as Wall Street, Parsing Economic Data, Turns Pessimistic About Interest Rates
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