LONDON: Traders rushed to the foreign exchange derivative markets on Thursday to protect their exposure to…
Category: Money & Commodities
Dollar slides on recent round of weak US data sterling, euro rise
NEW YORK: The dollar dropped for a fifth straight session on Thursday, pressured by softer-than-expected U.S.…
Sterling falls as the probability of a hung parliament grows
LONDON: The pound fell on Monday as polls showed a growing probability the Dec. 12 UK…
Oil jumps above $61 on talk of further OPEC+ supply curbs
LONDON: Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its…
Sterling falls back from near 7-month highs reached on YouGov poll
LONDON: Sterling briefly touched near seven-month highs against the euro on Thursday on a poll predicting…
Dollar stands tall as upbeat US data trims Fed cut bets
SINGAPORE: The dollar headed for its highest weekly finish against the safe-haven yen since May on…
Dollar boosted by trade deal optimism
LONDON: The dollar pushed higher on Wednesday and flirted with the $1.10 level against the euro,…
Pound gains as Conservative vote lead promises end to political uncertainty
LONDON: Sterling climbed from recent lows as polls continued to show the ruling Conservatives as runaway…
Chile’s copper mines feel some heat from country-wide protests
SANTIAGO: Copper mining companies in Chile, the world’s top producer of the red metal, said nationwide…
Pound lower against dollar after call for UK election
NEW YORK: The British pound fell against the U.S. dollar on Thursday following Prime Minister Boris…