Oil rebounds on weaker greenback

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Source: Marketwatch
Oil futures advanced on Friday, with most commodities gaining amid declining U.S. Dollar. October-delivery crude surged 0.7% to $93.04 per barrel in New York, the rise cut oil's weekly fall to below 6%. October-delivery heating oil rose 0.4% to $3.10 per gallon, while natural gas for the same month added 0.7% to $2.82 per million Btu. The ICE Dollar Index slid to 79.377 from 79.428.
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Fri, 21 Sep 2012 09:14:13 GMT

Aussie rises amid Fed support, Euro crisis development

Australian currency gained against major counterparts amid expectations the U.S. Fed will boost growth and Eurozone is progressing in resolving its debt crisis, fueling traders' interest for higher-yielding assets. The Aussie surged 0.3% to $1.0465. It purchased 81.80 Yen, 0.2% up from yesterday's close. New Zealand's Dollar rose 0.1% to 82.96 U.S. cents.

Fri, 21 Sep 2012 10:09:12 GMT

Sugar rose as lower prices may attract new buyers

Farm commodities, excluding sugar, moved lower on Thursday, being pressured by broadly stronger US Dollar and escalated concerns that slowdown in China will cut global demand for agriculture. Wheat edged down on signs that slowdown in global economy is likely to weight down on demand for grains. Corn slumped on demand concerns. Limiting the downswing,  Brazil, the third largest global producer,

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