(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.

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.

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

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.

The dollar started higher in early trade on the growing view that the U.S. Federal Reserve is leaning toward winding down its monetary-easing program.

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 ...

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 ...

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 TAKEAWAY: The US Dollar and the S&P 500 have taken preliminary steps toward bearish reversals but confirmation of concrete downward follow-through remains elusive.

The dollar was at Y102.50 from Y102.25 late Monday, according to EBS via CQG. Against the Swiss franc, the dollar was at CHF0.9702 from CHF0.9672.