Gold Extends Gain to One-Month High as U.S. Wages Stall Dollar

Gold rose to the highest level in a month after a report on U.S. wages raised concern that the economy may not be strong enough for the Federal Reserve to start increasing interest rates, hurting the dollar for a second day.Bullion for immediate delivery advanced as much as 0.3 percent to $1,226.95 an ounce, the highest price since Dec. 12, and traded at $1,226.94 at 9:20 a.m. in...

Yen Advances as Dollar Extends Weakness on Wage-Growth Concern

The yen rose toward its highest level since December versus the dollar as concern lingered that the U.S. labor market is too weak for the Federal Reserve to start raising interest rates.The dollar retreated from near multi-year highs against the Aussie and euro as traders weighed a U.S. jobs report showing incomes declined in December. Speculators boosted wagers on the U.S. currency versus eight of its major peers to a record high before...

Most Asian Stocks Retreat on Low Volume After U.S. Wages Decline

Most Asian stocks fell amid concern Europe™s stimulus plans may not solve the euro region™s economic woes and after an unexpected drop in American wages clouded the outlook for U.S. interest rates.Two stocks dropped for each that rose on the MSCI Asia Pacific excluding Japan Index, which was little changed at 470.28 as of 9:07 a.m. in Seoul. Markets in Tokyo are closed for a holiday....