Forex News and Rumors for September 19th, 2008

Gold Futures Fall as Markets Rally

After two days of wildly-fluctuating prices, gold futures fell over $40 as markets rebound.

Read the full article

Stocks Rally on News of Fed Proposal

U.S. Federal Reserve Chairman Ben Bernanke announced plans to provide additional funds to ease credit crisis.

Read the full article

Yen to Reach 100 to the Dollar?

A former top-official with Japan’s Finance Ministry sees Yen reaching 100 to the dollar compared to its current 106.72, arguing that there is no “quick fix” to the U.S. market crisis.

Read the full article

Crude Marks Third Day of Gains

As plans come together to rescue financial markets, investors still turn to oil as a safe hedge pushing crude higher for the third straight day.

Read the full article

Regulators Move to Curb Short-Selling

The U.K. Financial Services Authority (FSA) together with other regulators including the U.S.-based Securities and Exchange Commission (SEC), moved to ban the short selling of shares of troubled financial services firms.

Read the full article

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.