Dollar edges higher, euro slips after weak PMI data
Investing.com – The U.S. dollar edged higher Wednesday, while the euro fell after the release of disappointing eurozone activity data pointed to further ECB rate cuts ahead. At 05:25 ET…
Commodity currencies bear brunt of yen bounceback
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the…
Russia considering ban on diesel exports, Kommersant reports
MOSCOW (Reuters) – The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday, citing several unnamed sources. Russia…
Gold prices edge higher, copper nurses steep losses as China woes persist
Investing.com– Gold prices rose in Asian trade on Wednesday, although gains were limited by strength in the dollar as uncertainty over the U.S. presidential race and anticipation of a Federal…
Asia FX muted as dollar firms amid commodity rout, political uncertainty
Investing.com– Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar firmed as a rout in commodity prices and persistent uncertainty over the U.S. presidential race kept…
Oil prices rise as US crude, fuel inventories seen shrinking
By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapping three straight sessions of decline, as falling U.S. crude inventories and growing supply risks from wildfires in…
Oil prices rise as US crude inventories unexpectedly shrink
Investing.com– Oil prices rose in Asian trade on Wednesday, recovering mildly from recent losses as expectations of tight near-term markets were furthered by industry data showing a draw in U.S.…
Oil prices rise as US crude and fuel inventories seen shrinking
By Laila Kearney NEW YORK (Reuters) – Falling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline, while expectations for a nearing ceasefire deal…
Dollar firms as commodities slide and carry unwinds
By Tom Westbrook SINGAPORE (Reuters) – Commodity currencies touched multi-week lows on Wednesday tracking weakness in Chinese demand, while the yen has surged as short-sellers bail out ahead of a…
Colorado ramps up bird flu response, requires milk testing
By Tom Polansek and Leah Douglas CHICAGO (Reuters) – Colorado began requiring dairies to test milk supplies for bird flu every week, the state’s veterinarian told Reuters on Tuesday, as…
