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LONDON: The dollar edged towards a one-year high on Monday as trade war rhetoric between the United States and its trading partners helped the US currency. Chinese stocks slumped nearly 2 percent as Beijing proposing tariffs on $60 billion worth of US goods on Friday, while a senior Chinese diplomat...
LONDON: The dollar rallied to a 16-month high on Monday as investors positioned for a Federal Reserve interest rate rise next month and concern about political risks in Europe put pressure on the euro and the pound. The dollar fell last week on the belief that losses for U.S. President...
KUALA LUMPUR: Malaysian palm oil futures edged up in early trade on Wednesday, as expectations of lower production in December and easing weakness in export demand supported the market. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose 0.3 percent to 2,529 ringgit ($620.92)...
NEW YORK: The US dollar rallied against a basket of major currencies on Tuesday to its highest since December, helped by a rise in US Treasury yields and as data showed US retail sales increased moderately in April. The dollar index, which measures the greenback against a basket of six...
NEW YORK: The U.S. dollar eased back from earlier losses but still remained broadly lower against other major currencies on Monday. The greenback was lower ahead of Fed Chair Jerome Powell's first Congressional testimony on Tuesday and Thursday. Investors will be listening closely to his views on the state of...
NEW YORK: The dollar fell for a second straight session on Monday in generally thin trading as China imposed extra tariffs on US products, escalating a dispute between the world's biggest economies. Volume was light as some European markets are closed for the Easter Monday holiday. "Broader market sentiment was dampened...
LONDON: Sterling gained slightly against the dollar and euro on Wednesday, helped by a report that Britain will propose a new solution for the Irish border dispute holding up Brexit talks. End-of-quarter flows by global asset and fund managers rebalancing their portfolios can distort markets, analysts said, cautioning that investors...
    SINGAPORE: The dollar held steady near a recent two-week high versus a basket of major currencies on Tuesday, with traders awaiting the US Federal Reserve's policy meeting this week for fresh catalysts. The dollar index, which tracks the greenback against a basket of six major peers, last stood at 93.922....
TOKYO: The dollar slipped from a four-week high against a basket of currencies on Wednesday after a Democrat won a bitter fight for a U.S. Senate seat in deeply conservative Alabama, reducing Republicans' already narrow Senate majority further. The reduced Senate majority could make it harder for President Donald Trump...
NEW YORK: The US dollar rose to its highest level this year against a basket of currencies on Tuesday due to worries about political turmoil in Italy before paring some gains on a US decision to withdraw from the international nuclear deal with Iran. The dollar's run-up stalled ahead of...
LONDON: The dollar consolidated gains on Wednesday as markets remained cautious about trade talks between the United States and Canada, as protracted weakness in China's currency weighed on sentiment. With market appetite for taking risk limited - an Asian equity index is down for the 10th consecutive day and emerging...