Dollar Shows Mettle Against Metals |
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May 12, 2011 |
May 2011 Bond Updates
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Following along from a dour Wednesday when some key commodity prices slipped by their maximum daily limits, there were pockets of disappointment in Asian and European trading. The combination of weakness in European industrial data and a huge miss for Australian employment figures deepened investors’ disenchantment in the recovery. And to ice the cake China announced another half-point increase in its bankers' reserve requirements. The dollar was short of few reasons to build on a scintillating rally.
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View more at: http://blogs.forbes.com/greatspeculations/2011/05/12/dollar-shows-mettle-against-metals/
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