Commodities
Dollar weakens after Biden inauguration; ECB up next
NEW YORK: The dollar started the European session on the back foot Thursday, with riskier currencies in demand amid…
Commodities
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Oil hits 11-month high just below $57 as Saudi cut supports
LONDON: Oil hit an 11-month high just below $57 a barrel on Tuesday as tighter supply and expectations of a drop in…
Commodities
Dollar extends rebound as US yields rise
NEW YORK: The dollar edged higher across the board on Monday, extending a rebound from the near three-year low hit last…
Commodities
Euro slips to two-week lows as US yields rise
LONDON: The dollar gained broadly on Monday as widening U.S. Treasury yields and expectations of more fiscal stimulus…
Commodities
Dollar holds above 2018 lows ahead of US jobs report
LONDON: The dollar held above a 2018 low against other major currencies on Friday ahead of fresh U.S. jobs data likely…
Commodities
Oil rises above $55, set for weekly gain on Saudi output cut
LONDON: Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia's pledge…
Commodities
Palm oil prices set for a volatile year led by soybean market
KUALA LUMPUR: Palm oil prices are likely to remain high in the first quarter but "fall dramatically" during the second…
Commodities
Gold up, shining over prospect of more COVID-19 restrictive measures
LONDON: Gold was up on Monday morning in Asia, with a surge in global COVID-19 cases and the prospect of more countries…
Commodities
Bitcoin touches record above $29,000, extending 2020 rally
NEW YORK: The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost…
Commodities
Oil rises on hopes US pandemic stimulus will spur fuel demand
SINGAPORE: Oil rose on Tuesday for the third time in four sessions on expectations for rising fuel demand, as the…
Commodities
US dollar dips as Brexit trade deal nears; sterling gains
NEW YORK: The dollar slipped on Wednesday, after gaining for three straight sessions, as risk appetite rose on the…
Commodities
Pound rises above $1.35 on Brexit trade deal expectations
LONDON: Sterling rose around 1% on Wednesday and British government bond yields posted their biggest one-day rise in…
Commodities
Gold up, with US stimulus measures making progress
LONDON: Gold was up on Monday morning in Asia, with investors welcoming the news that the U.S. Congress reached a deal…
Commodities
Oil slumps as new COVID-19 virus strain pumps fuel demand worries
NEW YORK: Oil was down on Monday morning in Asia, slumping over the discovery of a new COVID-19 strain in the U.K…
Commodities
Gold bulls take heart from the Fed’s resolve as dollar softens
LONDON: Gold held an advance after the Federal Reserve strengthened its commitment to supporting the recovery in the…
Commodities
Dollar down over increasing hopes for COVID-19 recovery
LONDON: The dollar was down on Friday morning in Asia, after investors retreated from the safe-haven asset amid growing…
Commodities
Euro gains as ECB holds back 'bazooka,' Sterling falls on Brexit fears
NEW YORK: The euro rose on Thursday after the European Central Bank disappointed some investors looking for a larger…
Commodities
Dollar edges higher; sterling under brexit pressure
NEW YORK: The dollar edged higher from weak levels in early European trade Tuesday, with traders balancing rising…