FOREX-Yen rallies after BOJ, Italy debt sale lift euro

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Yen hits one-week high vs dollar, two-week high vs euro * BOJ eases policy, but some had expected more * Euro up versus dollar as Spain Q3 GDP less bad than feared * Italy debt auctions also help euro * Volumes thin as giant storm closes U.S. market By Nia Williams and Anooja Debnath LONDON, Oct 30 (Reuters) - The yen rose broadly on Tuesday after monetary easing steps...
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Chile's Collahuasi copper mine taps Codelco exec as new CEO.

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Oct 30 (Reuters) - The world's No.3 copper mine, Chile's Collahuasi, said on Tuesday it has appointed as its new chief executive Codelco's vice president for central-south operations, Jorge Gomez Diaz, in a push to turn around the troubled operation. Last year Collahuasi was dragged to its lowest copper output since 2007 and has been hit this year by a combination of work stoppages, heavy rains...
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3 Undervalued Coal Stocks to Buy.

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Arch Coal's (NYSE: ACI) HUGE Upside! As risky as the coal market is right now, Arch is worth the bet. After taking over International Coal, the company became burdened with $4 billion in leverage at one of the worst times possible. As Morningstar has emphasized, natural gas prices hit a low as utility inventories rose to seeming endless peaks. This has resulted in a weak margin outlook that...
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Yen rallies broadly as BOJ easing underwhelms

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* Yen hits one-week high vs dollar, two-week high vs euro * Euro climbs vs dollar, but outlook clouded * U.S. markets stay closed as storm Sandy batters U.S. By Nia Williams LONDON, Oct 30 (Reuters) - The yen rose broadly on Tuesday after monetary easing steps from the Bank of Japan's disappointed some market players who had positioned for a more aggressive increase in asset purchases. The BOJ...
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Yen Strengthens Against Dollar After BOJ Adds to Monetary Easing

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WATCH NOW Live TV Coverage of Hurricane Sandy Aftermath Yen Strengthens Against Dollar After BOJ Adds to Monetary Easing By Masaki Kondo and Lucy Meakin - Oct 30, 2012 4:43 PM GMT+0530 The yen gained versus the dollar, reaching the strongest level in more than a week, as the Bank of Japan (8301)’s second round...
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U.S. Cuts Estimate of Sugar Intake

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It was repeated so often it was accepted as true: the typical American consumed 95 to 100 pounds of sugar each year. Health experts said that consumption was surely contributing to a nationwide crisis ofobesity. U.S.D.A. Tables on Sweetener Consumption (Excel) Refined Sugar Corn Syrup Other Sweeteners Enlarge This Image Tony Cenicola/The New York Times Estimating sugar consumption is a tricky proposition, based...
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Forex Trading Weekly Forecast - 10.29.2012.

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Dollar Positioned for Rally Back to 1.2800 if Stimulus Held - The pressure is building and the masses are starting to take fundamental shortfalls across the world more seriously, while hope for continuous external support (stimulus) fades. The scales will soon tip, but what will set an underlying shift in sentiment into motion? British Pound Forecast Depends on US Nonfarm Payrolls - While the Pound Sterling finally moved under its...
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Yen Strengthens From Four-Month Low on Demand for Safety

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The yen rose from a four-month low against the dollar as disappointing U.S. corporate results and record unemployment in Spain boosted the allure of the relative safety of Japan’s currency. The Japanese currency still had a five-day loss versus the greenback amid bets the Bank of Japan (8301) will increase monetary stimulus next week. South Africa’s rand climbed. Europe’s shared currency dropped after Spanish...
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Natural Gas: The Other Automotive Innovation

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If you're someone who drives around your neighborhood to save 5 cents a gallon on gas, then $1.50 less per gallon  must sound like a dream come true. Today, that's what a natural gas gallon equivalent sells for -- and consumers get more options every day to get a piece of the natural gas pie. What do I have to do to get you into this natural gas vehicle?Until recently, the market for...
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Peabody expects to resume Mongolia coal mine talks in 2013

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(Reuters) - Coal miner Peabody Energy (BTU.N) expects to resume talks in early in 2013 with Mongolia's government over acquiring a stake in the undeveloped western Tsankhi block of Tavan Tolgoi. "My sense is in the early part of next year we will get into serious discussions," Peabody Chief Executive Gregory Boyce told Reuters. Peabody has been invited by state-owned Erdenes Tavan Tolgoi...
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Yen Rises Versus Peers as Stock Drops Boost Safety Demand

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The yen strengthened against all of its major counterparts as corporate earnings concerns dragged down Asian stocks, boosting demand for refuge assets. The currency earlier touched a four-month low against the dollar as a report showing Japan’s consumer prices declined for a fifth month added to prospects the central bank will expand monetary easing. Spanish data due today is forecast to show unemployment increased in the third quarter....
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Meiji Yasuda: plans to increase yen bond investment in Oct-March

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Oct 26 (Reuters) - Japan's Meiji Yasuda Life said on Friday it plans to increase its allocations to Japanese bonds in the October-March second half of the current financial year after cutting investment by 100 billion yen ($1.25 billion) in the first half. Japan's third-largest private investor plans to slightly reduce its holdings of foreign bonds during the second half of the financial year after...
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FOREX NEWS: Dollar Unable to Close Fifth Advance on Market’s Fed Slump

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Dollar Unable to Close Fifth Advance on Market’s Fed Slump British Pound On the Verge of Critical 128.50 Break Versus Yen Ahead of GDP Euro Sees a Controlled Slide after Officials Deflate Rescue Rumors New Zealand Dollar Rallies Beyond 0.8200 after RBNZ Maintains Hawkish Bias Japanese Yen Connection to Risk Trends Waning as Stimulus Expectations Build Australian Dollar Rallies Back Above...
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FOREX-Yen weighed down by BOJ easing hopes; kiwi rises

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* Fed sticks to stimulus plan, no new steps * RBNZ less dovish than expected, NZ dollar up * Yen sags ahead of BOJ policy meeting next week * Dollar/yen supported by hedge fund buying-trader By Masayuki Kitano SINGAPORE, Oct 25 (Reuters) - The dollar edged higher versus the yen on Thursday as the yen stayed under pressure on expectations for more Bank of Japan monetary easing, while a less-dovish-than-expected...
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Yen Weakens on BOJ Stimulus Bets, Gains in Equities

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The yen weakened against all its major counterparts as stocks rose and investors speculated that the Bank of Japan (8301) will expand monetary stimulus next week. New Zealand’s dollar reached its highest level in two weeks following the Reserve Bank’s decision to keep interest rates unchanged. The euro traded below $1.30 for a third day before data forecast to show German consumer confidence will fail to improve in November and French...
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