Dollar rallies before Fed meeting

Source: Bloomberg
The Dollar added to its biggest gain against its most-traded peers since November just as the Federal Reserve is planning to meet next week. The Bloomberg Dollar Spot Index increased by 0.1% by midday in Tokyo causing the Yen to slide to a near six-year low versus the Dollar. The Greenback has been on the tear for the last month amid the speculations on the Fed increasing  the interest rates. 
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Fri, 12 Sep 2014 07:23:04 GMT

Demand for gold as a safe haven declines

Gold continues its fall of seven months, sinking to the lowest since mid-January. The yellow metal has been on the decline ever since speculations about the U.S. increasing borrowing costs began; lessening gold's appeal as an investment. Bullion for delivery slid 0.7% to $1,232.33 per ounce, before settling at $1,236.53 midday in Singapore. The price for gold may decrease further if the

Thu, 11 Sep 2014 11:17:13 GMT

The Kiwi slides after RBNZ's lack of action

The New Zealand Dollar fell to the lowest level in seven months time after the Reserve Bank of New Zealand did not change its stance on the benchmark interest rate and kept it at 3.5%. The Kiwi slid 0.6% to 81.75 U.S. cents early morning in London after probing 81.66 cents. The currency decreased against all of its 31 most-traded peers. Experts

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