Oil falls on concerns of weaker demand forecasts, slowing U.S. economy
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices fell in Asia on Thursday, with investors turning cautious on expectations of lower demand as U.S. employment and business data came…
Asia FX upbeat as rate cut bets dent dollar; yen on intervention watch
Investing.com– Most Asian currencies firmed on Thursday as increased expectations of interest rate cuts by the Federal Reserve dented the dollar, while a fragile yen kept traders on guard over…
Rupee to trade in narrowest range in about 30 years on RBI’s actions
By Anant Chandak BENGALURU (Reuters) -The Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI) continues…
Oil prices retreat from 2-mth highs; demand hopes, supply risks persist
Investing.com– Oil prices fell from two-month highs in Asian trade on Thursday, as traders collected some profits from a strong run-up this week, while soft U.S. economic data raised some…
Oil prices slip after data points to cooling U.S. economy
By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy…
Japanese yen fragile as USDJPY nears 162; intervention in focus
Investing.com– The Japanese yen steadied near its weakest levels in 38 years on Thursday, with the currency’s latest decline and low liquidity during a U.S. market holiday sparking fresh speculation…
