Currencies
Currencies News
Dollar Gains on U.S. Outlook as Bonds Rise While Stocks Decline
The dollar strengthened to an almost seven-year high versus the yen and bonds rose as a slowdown in Chinese manufacturing highlighted diverging growth outlooks for the U.S., Asia and Europe. Stocks fell and the ruble weakened while U.S. natural gas gained.
Gold Wagers Drop as $1.3 Billion Pulled From Funds: Commodities
Speculators cut their bullish gold bets before prices tumbled to the lowest since 2010 as demand for a hedge against inflation diminished.