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forex news
Gold scores a Weekly Gain of nearly 3%
Gold futures climbed for a third straight session Friday to tally a weekly gain of nearly 3% as a sharp drop in the…
Oil Futures score First Weekly Gain on more than a Month
Crude-oil futures rallied on Friday as a drop in the U.S. dollar and another decline in U.S. rig counts helped…
Dollar ends Week down 1.5% VS. Euro
The dollar closed the week about 1.5% lower against the euro Friday, snapping three weeks of gains. The bulk of the…
Dollar off Recent Peaks; Stocks, Brent up
The dollar softened the most in a month against a basket of currencies on Thursday, giving stocks and some…
Slide in Euro helps Europe’s Earnings outpace U.S. Results
The relentless slide in the euro is proving a major boost to European earnings after years of stagnating profits,…
Egypt’s Dollar Shortage squeezes Private Wheat Importers
Egypt's currency market reforms are inflicting a heavy toll on many private sector wheat traders struggling to…
Dollar at 12-year Peak on Euro, Emerging Markets spooked
The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks…
Exclusive: China’s International Payments System Ready, could launch by Year-end…
A long-awaited China International Payment System (CIPS) that would facilitate international usage of the yuan is…
Gold Rebounds after Two down Days
Gold rebounded slightly on Wednesday to shake off back-to-back losses, ahead of another day filled with economic…
Turkey’s Lira falls to record Low on Rate-cut Talk
Turkey's currency the lira slumped to a record low against the dollar on Wednesday as political pressure on the…