LONDON: Sterling rallied on Tuesday with a broad rebound in risk markets encouraging some selling of…
Category: Money & Commodities
Dollar falls for a second day on Fed stimulus
LONDON: The dollar slipped for a second consecutive day on Tuesday after the U.S. Federal Reserve…
US coal mining industry seeks wide-ranging coronavirus bailout
WASHINGTON: The coal industry’s main U.S. lobby group has asked for sweeping financial assistance to help…
Calls rise for emergency dollar funding, with strains escalating
LONDON: Emerging signs of a rush for dollars in the global financial system have spurred calls…
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…
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…
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…
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…
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…
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,…