Asia FX steady as dollar drops amid rate cut speculation; Indian rupee surges
Investing.com– Most Asian currencies steadied on Monday, recouping some recent losses against the dollar after in-line inflation data pushed up expectations for interest rate cuts and sparked steep declines in…
Oil prices rise after OPEC+ extends production cuts; Gaza ceasefire in focus
Investing.com — Oil prices settled sharply lower Monday, as OPEC and its allies’ decision to extend output cuts into 2025, but also phase out the cuts later beginning later this…
Russia eases forex sales requirements for contracts in roubles
MOSCOW (Reuters) – The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in…
Dollar set for first monthly drop after US inflation readout
By Hannah Lang NEW YORK (Reuters) -The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line…
