Monthly Archives: October 2013

The dollar and euro touched three-week highs versus the yen as Congress voted in favor of a deal to end a U.S. government shutdown and raise the debt limit, damping demand for haven assets. The yen held losses from yesterday against its U.S. and European peers as Asian stocks rose. The greenback remained lower against higher-yielding...

Gold and silver enjoyed a quick bump after Senate leaders announced a deal on the debt ceiling and government shutdown, largely on the strength of short-covering. Many thought that a catastrophic outcome that involved the U.S. hitting the debt ceiling was gold's best hope for a sustained move higher-which left some traders surprised by gold's positive...

(Reuters) - The U.S. Senate prepared for a last ditch effort Wednesday to avoid a historic lapse in the government's borrowing authority, a breach that President Barack Obama has said could lead to default and deliver a damaging blow to the global economy. After a day of stop-and-go negotiations, the top Democrat and Republican in the...