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Archive for the ‘Markets’ Category

Nikkei nudges higher as oil prices pull back

TOKYO, Feb 25 (Reuters) – Japan’s Nikkei average rose on Friday for the first time in four days, as a sharp pullback in oil prices calmed concerns that their recent surge could derail the global

Euro May Strengthen, But Not in 2011

The euro experienced a staggering slide in 2010, but it wasn’t as impressive as many pessimistic forecasts would let us believe. Still, the debt problems in the European Union persist and the crisis is spreading,

Australian Dollar Rose on Stronger Commodities

The Australian dollar strengthened for the third day against its US counterpart as the commodities rallied, increasing demand for growth-related currencies. The currency declined against the euro and was unchanged versus the Japanese yen. The
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