(Kitco News) - The U.S. dollar is in a long-term uptrend and the consequences of that mean commodities and countries whose economies depend heavily on commodity production will suffer, said a director of market strategy at a financial services group.

Gold Silver GLD IAU SLV A sharp drop in Asian stock markets pushed global equities lower and refreshed investor appetite for gold.

US dollar opens steady at 5.27 pesos. In a week of a buoyant black market dollar, the official rate opened stable at 5.27 pesos compared to yesterday's closing.

The intervention showed that Taiwan's central bank wants to keep the U.S. dollar above the NT$30.00 mark in the short term to boost Taiwan's exports at a time when global demand remains sluggish, they said.

Indian rupee today weakened further by 10 paise to 55.69 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

NEW YORK, May 22 (Reuters) - The dollar rose to a 4-1/2-year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could slow its ...

KINGSTON, Jamaica - The Jamaican dollar lost against both its North American counterparts at the end of trading today. The US dollar traded for an average J$99.11, up seven cents from yesterday while the Canadian dollar went for J$97.37, a 30-cent gain.

Dollar retreats from near three-year peak vs basket of currencies. By Wanfeng Zhou. NEW YORK, May 20 (Reuters) - The U.S. dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would ...

THE Australian dollar is back on a downward spiral, reversing solid gains made overnight, as markets continue to react to recent statements from US Federal Reserve Chairman Ben Bernanke. The currency rose as high 97.50 US cents early today, up sharply ...

U.S. shares recover, but growth outlook still uncertain. * Japan, Europe tumble after weak data from China, euro zone. * Dollar index lower, yen gains against dollar. By Ryan Vlastelica. NEW YORK, May 23 (Reuters) - U.S. stocks and bonds were little ...