Nov 7th, 2009 - Bloomberg
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Nov. 7 (Bloomberg) -- The International Monetary Fund saidtraders are probably using the dollar to fund “carry trades”across the world and the currency may still be overvalued evenafter its slide this year.
“There are indications that the U.S. dollar is now servingas the funding currency for carry trades,” the IMF said in areport published today. “These trades may be contributing toupward pressure on the euro and some emerging economycurrencies.” While the dollar “has moved closer to medium-runequilibrium,” it is still “on the strong side.”
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IMF exploring insurance levy on banks
Nov 8th, 2009 - Reuters
PARIS (Reuters) - The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said on Sunday.Dollar Trades at Almost One-Week Low on View Fed Stimulus Exit to Be Slow
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- The dollar traded within a cent of aone-week low versus the euro a day before the U.S. payrollsreport on speculation the Federal Reserve will trail other majorcentral banks in ending economic stimulus.
Crude Oil Trades Above $79 on Economic Growth Data, Gold Gains
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- Crude oil traded little changed above$79 a barrel after rising yesterday on signs the U.S. economicexpansion may spur fuel demand in the world’s largest energyconsumer.
Gold climbs to record as India's central bank buys IMF bullion
Nov 3rd, 2009 - WashingtonExaminer
Gold jumped to a record after India's central bank bought 200 metric tons of the metal from the International Monetary Fund, heightening speculation that there may be more official purchases.
RBI May Buy More Gold from IMF
Nov 3rd, 2009 - Wall Street Journal
NEW DELHI—India's central bank bought 200 metric tons of gold from the International Monetary Fund last month, in the first major move by a leading central bank to diversify its foreign-exchange reserves.
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