| Cocoa, sugar and other commodities dropped as investors took refuge in the U.S. dollar on an increasingly bleak economic picture.
After the markets closed Wednesday, the Federal Reserve announced a program to drag the U.S. economy back from the brink of recession, saying it will boost its share of longer-term Treasurys by $400 billion by June 2012 by selling shorter-dated holdings—a program dubbed "Operation Twist" after a similar scheme used in 1961..............................................Full Article: Source
|