The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the US Dollar Index, which tracks the greenback against a basket of six other currencies, […]
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented spike in COVID-19 cases after it relaxed some restrictions intended to prevent the spread of the virus. The Caixin Manufacturing Purchasing Managers Index (PMI) read 49.0 in December, higher than forecasts […]
Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although Read more
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns Read more
Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as Read more
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more
The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by […]
The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more
Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest […]
Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Read more
Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes Read more
