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Dollar fell in European trade on active profit-taking away from 20-year highs amid strong bets on multiple Fed rate hikes this year.   The dollar is still heading for the sixth weekly profit ...

Oil prices give up 2%, dollar slips amid Chinese developments

2022-05-16 06:40:17 GMT (
Oil futures tilted lower 2% in Asian trade with US crude off March 28 highs, while Brent slipped from May 9 highs, even as the dollar index gave up ground as well.   As of 06:29 GMT, US crude ...

Wall Street climbs, with Dow Jones surging 400 points

2022-05-13 14:15:40 GMT (
US stock indices rose on Friday with markets awaiting new steps taken by the Federal Reserve to control the runaway inflation.    Fed Chair Jerome Powell said the central bank is likely ...

Oil prices rise for third straight session

2022-05-13 12:55:48 GMT (
Oil prices rose in European trade for the third straight session as the energy crisis in Europe escalates as Russian gas supplies to several countries are cut through Ukraine.   Prices are ...

Gold plumbs three-month lows as dollar strengthens

2022-05-13 09:31:59 GMT (
Gold prices took a hit in European trade to three-month lows, sharpening losses for yet another session as the dollar strengthens, with gold prices now heading for the fourth weekly loss in a ...

Sterling on track for fourth weekly loss in a row

2022-05-13 09:21:00 GMT (
Sterling rose in European trade after sustaining heavy losses recently, holding above two-year lows against dollar, while still on track for the fourth weekly loss in a row.    GBP ...

Oil prices climb 1% as dollar heads south

2022-05-13 06:40:18 GMT (
Oil futures rose nearly 1% in Asian trade with US crude rebounding from April 26 lows, while Brent climbed off April 25 lows as well, as the dollar index declined away from 2002 ...

Dow Jones and NASDAQ sharpen decline to over 1%

2022-05-12 14:08:43 GMT (
US Stock indices tumbled on Thursday following a batch of weak data and concerns about US inflation.   US producer prices rose 0.5% in April, matching estimates and compared to March's 1.4% ...

Palladium declines over 7% below $1900

2022-05-12 13:56:05 GMT (
Palladium prices declined on Thursday as the dollar strengthens against major rivals, after palladium gave up earlier gains after Russian launched an attack against Ukraine.    The UK ...

Oil prices decline over 2.5% as dollar strengthens

2022-05-12 13:18:22 GMT (
Oil prices declined over 2.5% in European trade, recovering from two-week lows as the dollar strengthens against major rivals, with US crude stocks rise unexpectedly.    Oil ...

US producer prices slow down in April

2022-05-12 12:54:07 GMT (
US producer prices rose 0.5% in April, matching estimates and compared to March's 1.4% rise.   Core prices, excluding  food and energy, rose 0.4%, missing estimates of 0.6%, and down from ...

US unemployment claims rise unexpectedly

2022-05-12 12:51:31 GMT (

US unemployment claims rose to 203 thousand in the week ending May 7, missing estimates of 190K and compared to the previous reading's 202K, revised from 200K.

Euro hovers near 20-year lows, why?

2022-05-12 12:23:07 GMT (
Euro is about to trade below 1.04 against dollar for the first time in five years, with analysts expecting 20-year lows soon, but why? we explain in this ...

Gold declines under pressure from the dollar

2022-05-12 11:19:24 GMT (
Gold prices declined in European trade on track to hit three-month highs as the dollar index rallied to fresh 20-year highs following strong US inflation data.   Gold Prices ...

Sterling sharpens decline to two-year nadir after bearish data

2022-05-12 09:55:11 GMT (
Sterling declined in European trade for the sixth straight session against dollar, hitting two-year lows after bearish data from the UK, which cut chances of the cycle of rate hikes in Britain ...
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