LONDON: Sterling rebounded on Tuesday as markets worrying about the spread of coronavirus found some stability,…
Category: Money & Commodities
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…
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…
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…
Malaysia end-Jan palm oil stocks fall to lowest since June 2017
KUALA LUMPUR: Malaysia’s palm oil inventories fell a fifth straight month amidst tighter production and slower…
Euro falls to four-month low on weak German data; dollar gains
LONDON: The euro fell to its lowest since October on Friday after German industrial output for…
Sterling slips to six-week low vs dollar as Brexit jitters take toll
LONDON: Sterling fell to a six-week low against a broadly firmer dollar on Tuesday, as Prime…
China’s yuan finds its feet on WHO confidence, Aussie extends slide
LONDON: China’s yuan steadied on Friday while the Australian and New Zealand dollars weakened again as…
Dollar at two-month high, Aussie weak as virus anxiety spreads
TOKYO: The dollar held near a two-month high against a basket of major currencies while the…
Yuan steadies, sentiment still fragile as markets eye China virus, wait for Fed
TOKYO : The yuan steadied a little after slipping to its weakest level in a month…