‘King dollar’ reigns supreme in world of slowing growth

LONDON, Nov 12 (Reuters): The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the liquid and high-yielding asset against a backdrop of global growth worries and rising political risk in Italy and Britain. Investors are fretting about signs of slowing...

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Gold prices steady but under pressure

Gold prices steadied on Monday after touching a one-month low in the previous session, but the metal remains under pressure from a firmer U.S. dollar and expectations the Federal Reserve is on track to tighten borrowing costs, reports Reuters.Spot gold was little changed at $1,209.71 per ounce at 0431 GMT....

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US wheat futures climb

SYDNEY, Nov 12 (Reuters): US wheat futures climbed for the first time in four sessions on Monday, rebounding from a one-week low, though gains were curbed amid weak demand for North American supplies. The most active wheat futures on the Chicago Board Of Trade were up 0.4 per cent at...

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