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Oil Pares Most Of Daily Losses, Closes Slightly LowerCrude oil closed modestly lower on Tuesday but rebounded off of its lows of the session. Traders looked ahead to Energy Information Administration data, which is expected to show another build in inventories. Light sweet crude for May delivery fell 18 cents to end at $53.92 per barrel. Prices slipped as low as $52.45 earlier in the ....
Gold Drops For Third Straight Session
Gold prices closed lower for a third straight session as the dollar amid hopes government plans to help the struggling economy will reduce the metal's hedge appeal. April gold finished the session at $923.80, down $28.70 for the session. Prices touched as low as $920.00 earlier in the day. The dollar firmed up a bit versus the euro Tuesday, ....
Dollar Steady Versus Most Majors Tuesday
The dollar continued to edge lower versus the resurgent sterling but was steady against most other majors on Tuesday in New York, as traders paused to hear from a trio of top officials regard the government's role in saving insurance giant AIG. Fed Chairman Ben Bernanke and Treasury Secretary Tim Geithner will appeared before a House Financial ....
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