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Gold Keeps Swinging, Loses $1,200 Level
The volatility in the metals market carried over to Tuesday, with gold reversing course from the prior session’s…
Iran, Venezuela, Russia May Face Pain from Cratering Oil Prices
Falling oil prices are good news for the average U.S. consumer. But tanking oil is likely to crimp the fiscal…
Oil Steadies below $73 After Hitting Five-Year Lows
Brent crude oil steadied below $73 a barrel on Tuesday, holding onto a rally from five-year lows after oil…
Fed Welcomes Energy Drop, Shrugs off Disinflation Threat
The Federal Reserve is welcoming the sharp drop in global energy prices, with two influential policymakers on…
Yen Gains against Dollar, Euro As Nikkei Falls
The yen strengthened against the dollar and the euro in otherwise thin Asian trade Thursday, tracking a decline in…
Oil Sinks Further As OPEC Meeting Looms
Oil prices extended their losses and sunk to fresh four-year lows in Asian trade Thursday as expectations of a cut…
Gold Extends Slide on Swiss Vote Concerns
Gold prices took another hit on Thursday, extending the prior session’s declines in the wake of word that a Swiss…
Oil Futures Unmoved by Weak China Manufacturing Data
Crude-oil futures traded sideways in Asian trade Thursday as oil markets shrugged off a weak reading of Chinese…
Yen Slides to Fresh Seven-Year Low Vs Dollar; Aussie Falters
The yen slid on Thursday, striking seven-year lows against the dollar and a six-year trough versus the euro as…
Dollar Firm as Fed Minutes Likely to Highlight Policy Divergence with Peers
The dollar hit a fresh seven-year high against the yen on Wednesday, and held near a 14-month peak versus sterling,…