Browsing Category
forex news
Brent drops to 2004 low as market rout heads into Christmas
Brent crude prices fell to levels last seen in 2004 on Monday, dropping below the lows hit during the 2008…
Dollar adrift in a sea of central bank uncertainty
The dollar drifted lower in light Asian trading on Monday amid doubts about how far and fast the Federal Reserve…
Dollar steadies as halt in oil, equities slide provides traction
The dollar was little changed versus the yen and euro on Tuesday following a recent wave of selling, taking its cue…
Oil prices drop, Brent to extend losing streak
Oil prices dipped on Tuesday, with Brent set to extend its losing streak to an eighth day, as investors remain…
Dollar index inches up with Fed in focus, yuan weakens further
The dollar edged higher against a basket of currencies in Asian trade on Monday with major currencies rangebound…
Oil prices decline for seventh session on oversupply worries
Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014, as a…
China launches new yuan index to sway markets away from yuan-dollar focus
China has start issuing a yuan exchange rate against a basket of currencies in a move to discourage investors from…
U.S. oil export ban ‘very likely’ to be lifted in spending bill
The 40-year-old ban on most U.S. crude oil exports will "very likely" be lifted in the government spending bill,…
Oil steady, finds support from U.S. inventories, weaker dollar
Crude oil prices were unchanged on Thursday, supported by a fall in U.S. crude inventories after 10 straight weeks…
Oil jumps as U.S. crude inventories dip, Japan machinery orders bounce
Oil prices rose on Wednesday as U.S. crude stocks dipped, while Japan posted rising machinery orders, lending the…