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 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, 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-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...
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...
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 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...
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 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...
