The dollar dipped on Thursday after ending the previous session higher as upbeat U.S. data and the minutes of the Federal Reserve’s latest policy meeting helped it recover from recent losses. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, edged down 0.07% to 91.83 by 02:58 AM […]
Gold prices eased on Wednesday, pulling back from the previous days three month highs as the firmer dollar weighed. Comex gold futures were trading at $1,315.70 a troy ounce by 04:36 AM ET (09:36 AM GMT). Prices rose as high as $1,322.90 on Tuesday, the strongest level since September 18, propelled higher by the weaker dollar. Recent […]
The euro eased on Wednesday after a rally spurred by expectations that the European Central Bank will start to wind down its stimulus program later this year and the dollar regained ground against a currency basket. EUR/USD slid 0.16% to 1.2038 by 02:48 AM ET (07:48 AM GMT). The single currency hit a four-month high of […]
