Dollar index slips below 23-month high before Fed, U.S. jobs data
NEW YORK: The dollar fell against a basket of currencies on Monday, slipping further from a 23-month high, as traders await more data to...
China iron ore bounces back from 4-day slump on stockpiling
MANILA: Iron ore futures in China rebounded on Monday after a four-session slump, bolstered by stockpiling demand ahead of Labour Day holidays beginning May...
Euro stung by German growth fears, political uncertainty
LONDON: The euro languished near a 22-month low on Thursday, weighed down by ailing growth in Germany and the spectre of political uncertainty in...
Gold slips towards 4-month low as robust dollar dents appeal
WASHINGTON: Gold prices fell on Wednesday to hover around a four-month low touched in the previous session, as the dollar gained after strong US...
Gold to peak at $1,400 on risk aversion by year-end — Capital Economics
Gold prices will reach a high of $1,400 by year-end before beginning their multi-year decline in 2020 and through 2025 towards $1,250, according to...
Malaysia to ‘take advantage’ of rail link deal to sell China more palm oil
KUALA LUMPUR: The European Union's (EU) planned restriction on the use of palm oil in biofuel is a factor that led to the suspension...
US Dollar Index apathetic around 96.80 post-data
NEW YORK: The greenback, in terms of the US Dollar Index (DXY), remains on the defensive around the 96.80 region despite auspicious US results.
US...
Gold hits 2-week peak on dovish ECB; focus on Fed minutes
WASHINGTON: Gold hit a near two-week high on Wednesday, supported by softer US economic data and as the European Central Bank reinforced an accommodative...
Sterling stuck as EU set to grant Britain a second Brexit delay
LONDON: Sterling edged up on Wednesday but remained within its recent trading range as investors prepared for the European Union to grant Britain a...
Sterling rises as May chases Brexit extension
LONDON: The British pound rose Tuesday as Prime Minister Theresa May launched a new diplomatic push to avert a no-deal Brexit at the end...
