Industry News

Australian dollar endures harm from Greek struggle

Posted On: May 16, 2012
The value of the monetary unit of Australia dropped to its lowest against the world's reserve currency on Wednesday, pulled down by ongoing the struggle of debt-hobbled Greece. [More]

Category: Industry News

Gold futures plunge into bear market

Posted On: May 16, 2012
Gold futures fell for a fourth-straight trading day on Wednesday and entered a bear market after having lost 20 percent of their value since establishing a record high price early this past September. [More]

Category: Industry News

Canadian dollar resumes slippage from Greek tumult

Posted On: May 16, 2012
Concerns about Greece leaving the euro zone bloc drove down the Canadian dollar on Wednesday against its southerly rival as investors shied away from assets considered more risky. [More]

Category: Industry News

Gold prices dive

Posted On: May 15, 2012
Gold prices scraped their lowest value in roughly 18 weeks on Tuesday following Greek leaders' inability to establish government leadership. [More]

Category: Industry News

Loonie falls as Greece troubles resume

Posted On: May 15, 2012
The value of the Canadian dollar dropped against the world's reserve currency on Tuesday after political leaders in Greece said that new elections will be held after negotiations between factions broke down. [More]

Category: Industry News

Euro benefits from German growth

Posted On: May 15, 2012
Stronger than expected German gross domestic product numbers helped to halt the euro's fall against the U.S. dollar on Tuesday. [More]

Category: Industry News

Gold futures drop as dollar strengthens, euro falls

Posted On: May 14, 2012
The strengthening dollar and a falling euro caused the price of gold to slip on Monday as the yellowish metal drove toward its lowest price since the middle of this past January. [More]

Category: Industry News

Greek troubles pull down shared currency

Posted On: May 14, 2012
European leaders and officials pondering the departure of Greece from the euro zone bloc helped pull down the value of the 17-nation currency to its lowest rate in more than 90 days. [More]

Category: Industry News

Aussie tugged down by Greek concerns

Posted On: May 14, 2012
The value of the Australian dollar dropped below parity with the U.S. dollar on Monday amid worries about Greece's possible departure from the euro zone. [More]

Category: Industry News

Bernanke to Democratic senators: U.S. barreling toward 'fiscal cliff'

Posted On: May 14, 2012
The globe's largest economy may be in peril because a variety of policies that support development and growth are set to expire, the chairman of the U.S. Federal Reserve told a small collection of lawmakers last week. [More]

Category: Industry News