Regulator of U.S. commodities sees no price manipulation

05/8/2008 | Reuters

The U.S. regulatory body for futures markets said soaring commodity prices are not the result of market manipulation. Instead, the high prices of oil, food grains and other commodities are because of reasons including the dollar's falling value, growing demand from developing nations and biofuel mandates, Commodity Futures Trading Commission Chairman Walter Lukken told a congressional panel.

View Full Article in:

Reuters

Published in Brief: