Tag Archives: USD

The US dollar continued its upward trajectory on Friday, buoyed by strong inflation data released earlier in the week. The data revealed that US consumer and producer prices have remained elevated, reinforcing expectations of a more hawkish Federal Reserve. The dollar index, which measures the greenback against a basket of …

Gold prices have surged in recent weeks, fueled by escalating geopolitical tensions and concerns about global economic stability. As the Russia-Ukraine conflict continues to escalate and the Middle East remains a volatile region, investors have sought refuge in gold, driving its price to levels not seen in years. A Perfect …

Dollar Strengthens as Trump Proposes Tariffs The US Dollar rallied on Tuesday, recovering from a bearish start to the week. A modest uptick in US Treasury yields and the announcement of potential tariffs on imports from key trading partners contributed to the Dollar’s strength.Key Economic Events US: The US Personal …

Oil prices edged higher on Thursday as intensifying military exchanges between Russia and Ukraine overshadowed concerns over rising U.S. crude inventories. The geopolitical tensions bolstered market uncertainty, keeping prices elevated despite bearish supply data from the United States. Brent crude futures rose 1.3% to $73.77 per barrel by 10:17 GMT, …

Oil prices held steady for a second consecutive day on Wednesday as geopolitical tensions from the Ukraine war balanced against signs of stronger crude imports from China and a rise in U.S. crude stockpiles. Brent crude futures for January delivery edged up by $0.11 to trade at $73.42 per barrel …

Oil prices edged lower in early Asian trading on Tuesday, stabilizing after significant gains in the prior session. The decline followed concerns about global demand and a potential supply glut, despite the market’s reaction to recent supply disruptions and geopolitical tensions. Modest Decline in Oil Futures Brent crude futures for …

Oil prices saw a slight uptick on Monday as intensifying conflict between Russia and Ukraine over the weekend raised supply worries, although market gains were capped by concerns about fuel demand in China and expectations of a global oil surplus. By 0502 GMT, Brent crude futures increased by 29 cents, …

Easing labour market conditions are expected to encourage the Fed to deliver a third interest rate cut next month, even as progress in lowering inflation has stalled. Markets now see a 76% probability of a 25-basis-point rate cut by the Fed in December. Gold has plunged over $170 following the …

U.S. Dollar Surges to One-Year High Amid Rising Yields and Trump’s Economic Policy Expectations 4o The U.S. dollar maintained its strong upward momentum on Thursday, reaching a one-year high against a basket of major currencies, driven by rising Treasury yields and optimism following Donald Trump’s presidential election victory. The dollar …

Oil prices declined in early trading on Thursday, erasing much of the previous session’s gains due to a stronger dollar and ongoing worries about higher global oil output against a backdrop of slow demand growth forecasts. Brent crude futures fell by 45 cents, or 0.6%, to $71.83 a barrel at …