LONDON: The U.S. dollar rebounded whilst other major currencies weakened on Friday after President Donald Trump…
Category: Money & Commodities
Gold surges to record on signs of progress for new US stimulus
LONDON: Spot gold rose to a record as speculation increased that U.S. lawmakers would move forward…
Dollar stays weak amid signs of lagging US economy
LONDON: August 5 The dollar remained weak on Wednesday as a U.S. coronavirus relief package stalled…
Dollar edges higher, but trend points south
NEW YORK: The dollar edged higher in early European trade Wednesday, but the overall trend is…
Dollar up over dimming vaccine hopes and simmering US-China tensions
WASHINGTON: The dollar was up on Thursday morning in Asia, reversing earlier losses as investors turn…
Oil prices fall after OPEC+ agrees to ease output curbs
LONDON: Oil prices fell on Thursday after OPEC and other producers including Russia agreed to ease…
Sterling eyes 200-day moving average at $1.27 as risk sentiment improves
LONDON: Sterling/dollar rose on Monday towards its 200-day moving average of $1.27, though it was last…
Dollar decline continues as investors parse economic data, earnings
LONDON: The U.S. dollar edged lower on Monday as investors looked to upcoming global economic data…
Pound finds joy as UK unveils £30bn stimulus, but experts see trouble ahead
LONDON: The U.K. unveiled an ambitious £30 billion stimulus package to spur economic growth as the…
Dollar gives ground to higher-risk currencies as Chinese shares soar
NEW YORK:The U.S. dollar fell against most currencies on Thursday as a rally in riskier assets…