dollar

Dollar slides vs yen, Swiss franc as risk appetite plummets

NEW YORK: The U.S. dollar dropped on Wednesday against the Japanese yen and Swiss franc, in line with the stock market's plunge, as fears...
GOLD

Gold prices fall despite tumbling equity markets

LONDON: Not even safe-haven gold managed to avoid the rout that has roiled most markets and commodities with prices continued falling on Thursday morning...
Euro

Euro, yen gain as dollar’s rate advantage evaporates

LONDON: The dollar fell further against the euro and yen on Friday as sliding U.S. Treasury yields eliminated more of its interest rate advantage...

Sterling dips as coronavirus fears rattle nerves, boost euro

LONDON: The pound dropped on Friday, particularly against the euro, as worries about the fast-spreading coronavirus sent investors out of currencies deemed riskier. With the...
Euro

Euro-dollar volatility jumps to one-year high amid big FX moves

LONDON: Market gauges of euro-dollar one-month implied volatility jumped on Friday to their highest in over a year at 6.6% as the intensifying coronavirus...
Palm

Indonesian government plans to raise palm oil export levy

JAKARTA: Indonesia's chief economic minister, Airlangga Hartarto, said on Wednesday the government plans to increase palm oil export levies to support expansion of its...
pound

Sterling rebounds as recovery in risk appetite hits dollar

LONDON: Sterling rebounded on Tuesday as markets worrying about the spread of coronavirus found some stability, encouraging investors to pare back their rush into...
Euro

Euro hit as coronavirus spread widens and investors rush for dollars

LONDON: The euro dropped back towards $1.08 on Monday and the Australian dollar tumbled to a new 11-year low as the rapid spread of...
pound

Sterling back above $1.30 on higher-than-forecast inflation data

LONDON: Sterling edged back above $1.30 on Wednesday after data showed British inflation unexpectedly hitting a six-month high in January, confirming expectations that the...
Dollar

Dollar perched at four-month highs as yield-seeking strategies bloom

LONDON: The dollar climbed to a four-month high against its rivals on Tuesday and closed within striking distance of a 2019 peak as subdued...

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