Dollar Advances 14 Sessions in a Row as Investors Keep an Eye on European Debt

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Source: Marketwatch

The U.S. dollar gained 0.24 percent versus a basket of 6 currencies since late Wednesday, and Dollar Index reached 81.62. The movement is attributed to ongoing political deadlock in Greece and high yields on Spanish bonds auctioned on May 17. Dollar strengthens for a 14th day in a row which is the longest positive streak since 1985.

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Thu, 17 May 2012 15:10:21 GMT

CFTC may ease Dodd-Frank Act regulations limiting speculation

The U.S. Commodity Futures Trading Commission may suggest easing Dodd-Frank Act regulations on speculation in commodities like oil, natural gas and other. The commissioners are thinking on a vote on how companies accumulate their trading positions when they have stakes in other companies. The commission is considering raising threshold from 10 to 50%. the current 10% threshold was approved in October 2011.

Thu, 17 May 2012 19:33:10 GMT

German bond yields dropped to the lowest level on record

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