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Oil Falls a 2nd Day on Stronger Dollar, US Supply Increase

Oil fell for a second day as the dollar strengthened and an industry-funded report showed an increase in U.S. crude supplies, fanning concern that demand in the world’s biggest energy user is slow to recover.
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Reserve sees stronger growth ahead

The Reserve Bank has forecast the local economy to grow marginally quicker in 2010, while headline inflation is predicted to ease due as a stronger currency takes the edge off imported goods prices.
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US Dollar, Japanese Yen Mostly Stronger Ahead of FOMC Decision Key Comments to Watch For

•    New Zealand Dollar Consolidates Ahead of RBNZ Rate Decision
•    British Pound Strongest of the Majors as BOE’s Sentence Suggests UK Rates Could Rise This Year
•    Euro Mostly Lower as German CPI Signals Falling Price Pressures
Read More US Dollar, Japanese Yen Mostly Stronger Ahead of FOMC Decision Key Comments to Watch For

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Oil slides on stronger US Dollar

Oil prices declined, giving away most of the strong gains made so far this year amid forecasts of a warmer weather in the US following a few weeks of unusually low temperatures in key energy consuming countries including the US and China to boost
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Canada Currency Falls as Stronger USD Pushes Down Oil

"The US dollar bears have probably gone a wee bit too far,? said Dean Popplewell, a currency analyst in Toronto at Oanda Corp.
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Crude falls on stronger dollar

Crude futures fell Monday to their lowest level in nearly two months, pacing broad losses in commodities as the dollar strengthened on concerns that the U.S. may tighten interest rates next year, pressuring dollar-denominated commodities prices.
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Less Liquidity Stronger Euro Or Not

The single European currency tried to break the latest resistance level, set 8 days ago, as the future of the macroeconomic conditions around the euro were revised after Jean-Claude Trichet’s statement today. But, unfortunately for the euro, the growth wasn’t long lived.(…)Read the rest of Less Liquidity — Stronger Euro. Or Not? (226 words)
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Gold ends week above US1,150 despite stronger Dollar

Gold prices ended higher Friday as a late session rally driven by strong buying interest pushed the metal above the US$1,150-mark despite a stronger US dollar.
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OECD sees stronger recovery in UK and other major economies

Stronger signs of recovery have emerged in all major economies including the UK the Organisation for Economic Cooperation and Development OECD said on Friday in its latest snapshot of the global economy. Read More OECD sees stronger recovery in UK and other major economies

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G7 presses for stronger yuan

The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance Read More G7 presses for stronger yuan

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