Thursday, September 11, 2008

ForexGen Latest News…..



Dollar rises on global weakness The dollar continued to rebound against the euro and British pound Wednesday, as European economic woes overshadowed weak U.S. retail sales and surging oil prices.



Why the dollar rally won't last The dollar has sprung off its deathbed, but a swift return to ruddy good health looks like a long shot.



Bonds slip as stagflation threat looms Bonds were mostly lower Wednesday, as renewed credit concerns soured investors' appetite for stocks but fears of rising inflation grounded the flight to quality.



Oil gains $3 on supply drain Oil prices soared Wednesday after the government reported a surprisingly sharp decline in the nation's petroleum inventories.



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