David Bloom, global head of foreign exchange strategy at HSBC, says when the European Central Bank begins quantitative easing, the euro will fall and this is the "only place" to make money in the currency market in 2014.
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CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's worst drop for the year. And nat gas
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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Nizam Idris, MD, Head of Strategy, Fixed Income & Currencies, Macquarie thinks that Malaysia could be the next emerging market to come under pressure following the currency sell-off in India and Indonesia.
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Gold rose further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the metal, but a firm U.S. dollar could cap gains.
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Gold edged up 0.4 percent on Friday after the previous day's drop, but remains on track for a third straight week of decline as investors worried about grim global growth outlook piled into the dollar, which weighs on bullion prices.
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The major market moving headlines, including Europe's market fall, U.S. futures dropping before the bell and the slide in copper, silver, gold and oil.
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Following the last-minute debt deal agreed by President Barack Obama and congressional leaders, one strategist is predicting the rating agencies should downgrade US debt by two notches.
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Yields on South Korean government bonds rose early on Friday, as higher-than-expected inflation and solid exports data stoked expectations of more interest rate hikes this year following the government's upgrade of this* year's inflation forecast.*
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Gold was off lows on Friday as the dollar eased with a bounce in the euro on news Greece has reached a deal with international lenders on an austerity plan, but traders were keeping an eye on the currency market.
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The euro rose on Friday after a drop in U.S. Treasury yields dented the dollar, and gave the single currency some respite from a recent sell-off on worries over the possibility of debt restructuring by Greece.
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Whatever Treasury Secretary Timothy Geithner may say about a strong dollar being in U.S. interests, the likelihood is that the currency will fall sharply in the next few years. And you don't have to go much further than the pressure Washington is putting on China to revalue the yuan to explain...
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