Mexican peso pares losses, remains volatile on US recession fears
By Noe Torres and Rodrigo Campos MEXICO CITY/NEW YORK (Reuters) -The Mexican peso touched its weakest against the U.S. dollar in nearly two years before paring much of the losses…
Oil climbs more than $1 into positive territory
By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…
Dollar down as US rate cut bets rise, yen surges
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar sank to a near 7-month low against a basket of peers on Monday, and sold off sharply against the euro…
Mexican peso leads global currency losses on US recession fears
MEXICO CITY (Reuters) – The depreciation of Mexico’s peso extended into its third day on Monday, leading declines in global currencies against the U.S. dollar on concerns the U.S. economy…
Debby slams Florida’s Gulf Coast, threatening Southeast with a week of rain
By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…
Oil drops as US recession fears spark broader selloff
By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…
Debby slams into Florida’s Gulf Coast as Category 1 hurricane
By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…
Dollar slumps on recession fears; yen, Swiss franc benefit
Investing.com – The U.S. dollar fell sharply Monday on concerns over U.S. economic growth, with the Swiss franc and the Japanese yen seeing strong safe-haven demand. At 08:45 ET (12:45…
Gold’s run to record high may crimp demand: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. But the precious metal may…
Hurricane Debby makes landfall on Florida’s Gulf Coast as Category 1 storm
By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…
