Browsing Category
forex news
Oil up second straight month on OPEC-fueled rally
Oil prices settled mixed on Friday while posting their second straight monthly gain on OPEC's planned output cuts,…
Oil prices fall as investors wait for clarity on OPEC deal
Oil futures tumbled Thursday as the market grew more skeptical on how OPEC would implement a plan to curb oil…
Oil rose after industry data shows US inventory draw
Oil prices surged in mixed trading Wednesday, after sharp losses in the previous session, as industry data showed a…
Dollar surges from 1-month low vs yen; euro nurses losses
The dollar climbed versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over…
Dollar gives back some against yen
The yen was almost flat against its peers during Asia trade Monday, after risk sentiment prompted buying of the…
Oil prices attempt a rebound as hopes float for production deal
Crude-oil futures surged in early Asia trade Monday on bargain hunting and renewed hope that major producers might…
Egypt steel producers increase prices by 5% on newly-adopted VAT
Egyptian steel producers have raised steel prices for the local market by 5 percent just after the government had…
Oil prices slump 4% as no output deal expected for OPEC
Oil prices dropped 4 percent Friday on signs Saudi Arabia and arch rival Iran were making little progress in…
Oil prices extend rise after surprise US crude stock draw
Oil prices extended gains from the previous session in Asian trading Thursday after a surprise third consecutive…
Oil prices climb on reported US crude stock draw, firm Japan imports
Oil prices climbed Wednesday, backed by a reported draw in U.S. crude inventories and by firm import data from…