Tag Archives: Dollar Index

The USD/JPY pair has been rising since the start of the American trading session in the currency market, driven by the increase in US Treasury yields. This is due to the positive relationship between the pair and the yields on these government bonds, highlighting the weakness of the Japanese yen.US …

Oil prices rose on Monday, fueled by escalating worries over potential supply disruptions from Middle East producers after Israel intensified its attacks on Iranian-backed forces in the region. As of 03:30 GMT, Brent crude futures for November delivery climbed by 51 cents, or 0.71%, to $72.49 a barrel. The more …

Oil prices eased on Friday, marking the third consecutive day of declines, as investors monitored expectations of increased output from Libya and the broader OPEC+ group. However, the decline was somewhat limited by fresh stimulus measures from China, the world’s top oil importer. Market Overview As of 04:33 GMT, Brent …

Oil prices fell on Thursday, reversing earlier gains as market sentiment was impacted by news that top exporter Saudi Arabia is planning to abandon its unofficial crude oil price target of $100 per barrel in preparation for expanded production. Market Overview Brent crude futures dropped by 55 cents, or 0.75%, …

Oil prices dipped on Wednesday as investors reassessed the potential impact of China’s recent stimulus measures on its economy and questioned whether these steps would be sufficient to drive significant fuel demand growth in the world’s largest crude importer. By 0415 GMT, Brent crude futures fell by 17 cents, or …

Oil prices edged higher on Monday, driven by concerns over potential supply disruptions in the Middle East and optimism that the U.S. Federal Reserve’s significant interest rate cut last week would support demand. Brent crude futures for November delivery rose 22 cents, or 0.3%, to $74.71 a barrel by 0705 …

Oil prices slipped on Friday, yet they remained poised for a second consecutive weekly gain, buoyed by the Federal Reserve’s significant interest rate cut and shrinking global stockpiles. As of 10:04 GMT, Brent futures had declined by 50 cents (0.67%) to $74.38 a barrel, while U.S. WTI crude futures fell …

Oil prices remained relatively unchanged on Thursday, with Brent crude futures edging up by 8 cents to $73.73 a barrel, while WTI crude futures slipped by 3 cents to $70.88 a barrel as of 0015 GMT. The market’s reaction to the Federal Reserve’s half-percentage-point rate cut was muted, with concerns …

Oil prices fell on Wednesday after two consecutive sessions of gains, with weak macroeconomic data weighing on demand and offsetting concerns about supply disruptions in the Middle East. Investors were also keeping an eye on the U.S. Federal Reserve’s upcoming interest rate decision, which could have bullish implications for crude …

Oil prices held steady on Tuesday after gaining more than $1 in the previous session, as traders assessed U.S. production concerns following Hurricane Francine, alongside expectations of lower U.S. crude stockpiles and the upcoming U.S. Federal Reserve policy decision. Brent crude futures for November remained unchanged at $72.77 per barrel …