Asian Session – Commodities bolster Asian Stocks, President Obama set to announce GM’s Chapter 11 filing





G10 Advancers and Decliners vs USD
GBP 0.70
JPY 0.49
EUR 0.40
CHF 0.31
The Usd was weaker in Asian session. EurUsd jumped sharply to 1.4197 from 1.4081 while UsdJpy traded between 95.50 and 94.70. The persistent rise in commodity prices in past months has seen commodity stocks in Asia rise sharply this morning. As an economic recovery becomes a reality – hedging against inflation through Gold, Silver and Crude has seen these three assets trade past many crucial…

Read More …

Post a Response

  • Polls

    How Has The U.S. Recession Affected You?

    View Results

    Loading ... Loading ...
  • Improve the web with Nofollow Reciprocity.