Dollar grows on Spain fears

Note: This section contains information in English only.
Source: Forexpros

On Monday, the Greenback was traded higher versus other major currencies, as concerns over Spanish debt situation overshadowed good news from Greece. In the U.S. morning trading session, EUR/USD went down by 0.53%, hitting 1.2572; Cable fall 0.35%, reaching 1.5660; the Yen grew up 0.25% and USD/JPY was traded at 78.89.

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Tue, 19 Jun 2012 06:21:57 GMT

Emerging market countries boost IMF firewall

Emerging market countries including Brazil and China affirmed financing pledges to the IMF, almost doubling its lending power in order to rescue world economy from European debt woe. With pledges from South Africa, India and Russia the total commitment will amount to USD 456 billion a slightly more than USD 430 billion package promised in April. 

Mon, 18 Jun 2012 19:27:57 GMT

Natural gas jumped 2% on expected warm weather

On Monday, futures for natural gas found support during U.S. morning trading hours, amid warm weather forecasts in the key regions of the U.S. On the NYMEX, July delivery futures for natural gas were traded at USD2.517 a MMBtu, rallying 2% during the morning trade. It earlier peaked at USD2.534 a MMBtu, rising by 2.7%.

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