Dollar advances near 7-month peak after US inflation data
By Chibuike Oguh NEW YORK (Reuters) – The U.S. dollar advanced near a seven-month high against major currencies on Wednesday after data showed U.S. inflation for October increased in line…
Oil slips towards 2-week low on gloomy demand outlook
By Arunima Kumar (Reuters) -Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth forecasts for 2024 and 2025…
Dollar pulls back from six-month peak after US inflation data
By Medha Singh and Brigid Riley (Reuters) -The U.S. dollar hovered near a fresh 6-1/2-month peak against other major currencies on Wednesday and the Japanese yen fell to its lowest…
Gold prices rise after US inflation data; Citi cuts copper forecast
Investing.com– Gold prices rose Wednesday, helped by a small fall in the dollar after US inflation data kept alive the chance of another interest rate by the Federal Reserve this…
Swiss financial watchdog to regularly review how it oversees UBS
ZURICH (Reuters) – Swiss financial regulator FINMA said on Wednesday it will in future regularly review how it oversees UBS as the country’s authorities prepare to overhaul regulations to make…
Citi cuts copper price forecast, says US tariffs, China weakness to hit demand
Investing.com — Citi Research in a note dated Wednesday has revised down its copper price forecast for the short term, signaling that ongoing trade tensions between the United States and…
Oil prices edges higher ahead of US CPI; remain near 2-week lows
Investing.com — Oil prices rose slightly Wednesday, hovering just above two-week lows after the OPEC cut its demand outlook again, while focus rturned to inflation data out of the US.…
Dollar lingers at six-month peak as US inflation comes in focus
By Medha Singh and Brigid Riley (Reuters) -The U.S. dollar scaled a fresh 6-1/2-month peak against other major currencies on Wednesday and the Japanese yen fell to its lowest level…
Sterling drifts near 3-month lows vs dollar
By Medha Singh (Reuters) – The pound hovered near three-month lows against a stronger dollar on Wednesday, after a sharp fall in the previous session following data that showed inflation…
As pain from weak yen deepens, Japan’s ex-currency chief Kanda warns of action
By Tetsushi Kajimoto and Makiko Yamazaki TOKYO (Reuters) – Japan will act appropriately against excess movements on the foreign exchange market, former currency chief Masato Kanda told Reuters, issuing a…
