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The US dollar rose Friday, to extend its recovery from a 1-week low for the second straight day, on strong demand as the best alternative investment, amid growing concerns over a record surge in new ...

Oil retains losses as investors focus on coronavirus crisis

2020-07-03 20:59:04 GMT (
Oil prices drifted lower in electronic trading Friday, amid the closure of US markets in observance of Independence Day holiday, as investors awaited on the "Corona" virus crisis.   The US ...

Gold holds amid quiet trading activity

2020-07-03 18:56:08 GMT (
Gold futures closed stable on Friday, amid the closure of the US market in observance of an official holiday.   Gold has scored about 0.5% weekly gain, on safe-haven demand, amid the ongoing ...

Sterling pauses after next Brexit talks round cancelled

2020-07-03 16:52:08 GMT (
The British pound paused against most currencies Friday, after an unexpected decision to cancel the next round of the Brexit talks between the UK and the European Union.   After the ...

Euro holds despite upbeat services PMI

2020-07-03 15:30:32 GMT (
The euro held steadily against most of its major peers Friday, amid calm trade as the US markets closed in observance of the 4th of July holiday.   The US stock and bond markets are closed ...

European stocks falls for first session in 5 on profit-taking

2020-07-03 11:32:46 GMT (
European stocks fell Friday, backing off the 3-week high that was hit yesterday, while heading for the first daily loss in five, on profit-taking and growing concerns over a record surge in new ...

Gold on the cusp of fourth straight weekly gain

2020-07-03 09:39:03 GMT (
Gold prices edged up on Friday, to extend gains for the second day, on safe-haven buying, which may help the precious metal to post its fourth straight weekly gain.   Gold rose 0.1% to ...

Oil pulls back from 1-week high after record surge in US coronavirus cases

2020-07-03 08:48:17 GMT (
Oil prices fell on Friday, pulling back from 1-week high that was hit yesterday, to head for the first loss in 5 days, on profit-taking and growing concerns over slowing US demand, after a record ...

Sterling on track for first weekly profit in month

2020-07-03 08:21:20 GMT (
Sterling fell in European trade against dollar for second straight session on profit-taking while heading for the first weekly profit in a month, with Boris Johnson's government preparing to expand ...

Gold resumes decline from nine-year peak

2020-07-03 04:58:11 GMT (
Gold futures tilted lower in Asian trade off September 21 highs as the dollar index climbed from June 24 lows, following earlier data from China and amid a bank holiday in the US.    As ...

Asia opens higher on economic recovery hopes

2020-07-03 04:13:42 GMT (
Asian stock indices opened the fifth session of the week and the third session July higher on hopes for quick recovery from the coronavirus pandemic after positive data from China and the ...

US stocks open higher on strong jobs data

2020-07-02 14:12:17 GMT (
US stock indices opened higher Thursday, after a strong jobs report and President Donald Trump's remarks.   The US Department of Labor revealed today that the economy has added 4.8 million new ...

Copper extends rally for sixth straight session

2020-07-02 13:51:09 GMT (
Copper futures continued to rise for the sixth straight day, due to Chile's supply disruption, the world's largest copper producer and further signs on the US economic recovery.   Copper is ...

Dollar sharpens decline to one-week trough

2020-07-02 12:03:51 GMT (
US dollar fell in European trade against a basket of major rivals for the fourth session to week lows, ahead of crucial labor data.    The dollar index fell 0.35% to 96.81, the lowest ...

USD/JPY gains ground ahead of employment data

2020-07-02 06:19:06 GMT (
USD/JPY tilted higher in Asian trade amid a lack of data from Japan and ahead of US labor data, amid hopes for a possible new vaccine candidate by Pfizer which showed promising ...
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