Browsing Category
forex news
Chinese trade decline halts dollar, sends yuan to 6-year low
A poor batch of Chinese trade numbers halted on Thursday the dollar's broader rally and sent the offshore version…
Pound sterling lifted by May’s Brexit offer, dollar softer after rally
The struggling pound sterling surged Wednesday after a brutal sell-off, as British Prime Minister Theresa May's…
Pound extends losses after reports Brexit would cost U.K. £66 billion
The British pound has extended losses on Tuesday against the dollar as Brexit fears persisted, while the yen lost…
Dollar firm, sterling on the defensive on lingering Brexit concerns
The dollar firmed Tuesday, while the beleaguered pound sterling wallowed near recent lows on lingering fears about…
Oil prices fall but stay near 1-year highs on expected output cut
Oil prices dropped Tuesday but held near one-year highs touched on growing expectations of an output cut by OPEC…
Gold prices drop as US rate hike views boost dollar
Gold prices went lower Tuesday after two sessions of gains, with the U.S. dollar strengthening amid speculation the…
Gold rises on China post-holiday buying; weaker dollar supports
Gold edged higher for the second straight session Monday, after falling in the preceding eight, buoyed by…
Oil prices drop over doubts that non-OPEC producers will cut output
Oil prices dropped Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that…
Pound sterling under pressure, peso surges on Trump trouble
Britain's pound edged lower Monday as the dollar took back some of Friday's losses against a range of currencies,…
Bankers rule out floating Egyptian currency before making official request for IMF loan
Bankers ruled out the flotation of the Egyptian pound by Egypt’s central bank before making the official request to…