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Australian dollar up, commodity bulls are loose
HONG KONG (Reuters) - The Australian dollar surged to a eight-month high on Friday on the back of rising raw material prices, while crude oil matched a six-month high above $65, up some $4 this week on hopes that a global economic recovery will spur energy demand.
Reuters

Japanese Yen Crosses Advance, AUDJPY Rises to Fresh Trend Highs
JPY traded on a softer footing during the Asian afternoon after it responded to a series of weak Japanese releases, although there was one positive after...
Daily FX

Mortgage rates rise, remain below 5% - NWITimes.com
WASHINGTON | Rates on 30-year home loans rose this week and were poised to go higher as investors demanded higher rates for long-term government debt, which is closely tied to mortgage rates.Mortgage ...
Big News Network

European Fundamentals Improve, Encouraging Hopes for Recovery
German April retail sales rose 0.5% m/m, more than our forecast of 0.2% m/m, but in line with the Bloomberg median. Sales were still down 0.8% in an annual...
Daily FX

Forex Market Update: U.S. Dollar Gives Back, Aussie and Kiwi Rise to Fresh Trend Highs
The dollar remained under pressure into the weekend, with both AUD and NZD extending trend highs at 0.7917 and 0.6288 respectively, and with USD-CAD revisiting...
Daily FX

Gold prices climb to three-month high
by resources 06:47am | Stocks rise as bond market tensions ease 06:46am | 06:46am | Today's Business Headlines Gold prices moved higher on Thursday as the dollar lost more ground against the euro. Gold prices have been rising steadily in recent weeks
Mining.com

Clear Lake high rise developer in bankruptcy
The developer of a Clear Lake high-rise has filed for Chapter 11 bankruptcy protection in an apparent move to shield the property from foreclosure. Endeavour Highrise LP, which built Endeavour Clear Lake, filed the voluntary bankruptcy petition earlier this month.
Houston Chronicle

Short-Term Forex Technical Outlook: NZD/USD
The New Zealand dollar continued to strengthen against its major counterparts, and rose to a fresh trend high against the greenback this week, and the...
Daily FX

Fed holds steady on bond yields
FEDERAL Reserve officials believe the recent sharp rise in yields on US Treasury bonds could reflect a mending economy.
The Australian

Wall Street lifted by higher energy prices
US stocks rose as oil prices climbed, sending energy stocks higher and investors digested a mixed set of economic reports
Financial Times

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