Macarthur Coal of Australia called a bid from Peabody Energy and ArcelorMittal opportunistic and said it wanted to continue talks with other interested parties. Read ALL

The dollar and underlying risk trends ended the week under extraordinary duress – as they should. The deficit impasse that the markets have been ringing their hands over for the past few weeks is now heading into the final stretch with two days of market down-time to shorten the trading ...

-US Dollar Could Fall Further on Debt Ceiling Impasse, Nonfarm Payrolls -Euro’s Sovereign Debt Crisis Simmering Behind US Deficit Headlines -Japanese Yen to Consolidate as Speculation for Intervention Resurface -British Pound Hinges on Commentary Following Rate Decision -Canadian Dollar To Rally On Higher Employment, Business Spending -Australian Dollar to Fall as Sentiment Sours, Rates Outlook ...

As noted last week by Currency Analyst David Song, “the short-term correction in gold is likely to be short-lived, and the bullion should resume its upward trend as prices end the week above $1600 per ounce. In turn, buying dips may turn out to be a favorable strategy amongst market ...

The yen advanced more than 1.8% against the greenback this week as traders sought refuge amid mounting concerns that the US may default for the first time in the nation’s history. Further supporting the yen was economic data out of Japan, highlighted by stronger than expected retail trade report, small ...