Browsing Category
forex news
Russian Ruble hits Fresh record Lows
The Russian ruble hit fresh record lows early Friday, pressured by a further drop in oil prices and the country's…
Dollar climbs as Yuan slides after Rate Cut; Oil retreats
The dollar rallied, climbing to a two-year high versus the yuan after China’s interest-rate cut underscored…
Oil falls more than 1% on Strong Dollar, Supply Concerns
Oil dropped more than 1 percent on Monday, with Brent slipping below $62 a barrel, depressed by a stronger dollar…
Egypt Minister: Started to Devalue Pound to Solve Repatriation Problem
Egypt has started to devalue its currency in order to address the shortage of hard currency which is still making…
Oil up Sharply, posts First Monthly gain Since June
Crude oil rose sharply on Friday as Brent and U.S. futures posted their first monthly gains since June, supported…
Gold rally sets stage for Best Close in More Than a Week
Futures prices for gold rallied for a second straight session on Thursday, putting them in position to close at…
Oil Futures retreat as Natural-Gas Prices sink 4%
Oil futures on Thursday were set to give back much of the strong gains scored in the previous trading session as…
Brent drops toward $61 as U.S. Crude Stocks rise
Brent crude fell toward $61 per barrel on Thursday, after a sharp rally in the previous session, as bulging U.S.…
Gold retakes $1,200 on Tailwinds from Yellen and China Data
Gold recaptured the $1,200-an-ounce level on Wednesday as investors got more comfortable with the view that…
Dollar pulls back versus Yen after Yellen Testimony
The dollar extended losses against the yen in Asian trade Wednesday, after overnight remarks by Federal Reserve…