Factbox-Sterling’s importance to global currency markets
LONDON (Reuters) – Sterling has faced its share of trials and tribulations in recent decades but remains a widely used currency, and, this year, it has held up better against…
Aussie supported after inflation spike, but yuan and yen suffer
By Tom Westbrook SINGAPORE (Reuters) -The Australian dollar rallied on a surprise jump in inflation on Wednesday, while the U.S. dollar kept downward pressure on the yen and yuan as…
Gold prices dip as dollar steadies with eyes on inflation
Investing.com– Gold prices fell slightly in Asian trade on Wednesday, extending losses from the prior session as traders remained largely biased towards the dollar in anticipation of key U.S. inflation…
Asia FX weakens as dollar steadies; yen back near intervention range
Investing.com– Most Asian currencies weakened on Wednesday as anticipation of key U.S. inflation data saw traders largely favor the dollar, with the Japanese yen coming close to levels that had…
Oil prices edge lower amid demand uncertainty, US inventory build
Investing.com– Oil prices fell slightly in Asian trade on Wednesday, extending steep losses from the prior session amid lingering doubts over global demand, especially as data pointed to an unexpected…
Oil prices dip as investors fret over demand outlook
By Arathy Somasekhar HOUSTON (Reuters) -Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow…
US crude stockpiles expected to rise – Macquarie
Investing.com – US crude inventories and product builds are expected to increase for the week ending June 21, according to a note from strategists at Macquarie. Macquarie predicts a rise…
US dollar advances after hawkish Fed comment, economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in…
US dollar gains after hawkish Fed comment, economic data
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) – The U.S. dollar rose against most major currencies on Tuesday, bolstered by hawkish comments from a Federal Reserve official as…
FXOpen Expands Trading Options with TradingView Mobile Integration
As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See…
