Gold prices gained on Friday as reports that U.S. President Donald Trump was considering plans to impose tariffs on $200 billion in Chinese imports as soon as next week weighed on market sentiment. Gold futures for December delivery was at a trading price of $1,211.5 per troy ounce, up by 0.6%, at 1:10AM ET (05:10 […]
By Daren Butler and Behiye Selin Taner ISTANBUL (Reuters) – The Turkish lira strengthened against the dollar on Friday as a cut in taxes on lira bank deposits helped rein in losses from a day earlier, when sources said the central bank’s deputy governor Erkan Kilimci was leaving. Three sources told Reuters that Kilimci, also […]
ISTANBUL (Reuters) – The Turkish lira weakened slightly against the dollar in quiet holiday trade on Friday as a bitter standoff dragged on between Ankara and Washington over the fate of an American pastor being tried in Turkey. The lira <TRYTOM=D3> eased to 6.1079 against the U.S. currency from a close of 6.0950, having weakened […]
Gold prices inched up on Friday after the dollar slipped after rising briefly earlier in the day following the conclusion of the trade talks between U.S. and China that has yielded little progress. Gold Futures for December delivery inched up 0.1% to $1,194.7 per troy ounce at 2:10AM ET (06:10 GMT) on the Comex division of the New York Mercantile […]
The U.S. fell against other currencies on Friday as trade talks between the U.S. and China ended. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, decreased 0.12% to 95.44 as of 5:24 AM ET (9:24 GMT). The U.S. and China moved ahead with 25% tariffs on $16 […]
The Turkish lira continued its decline on Thursday, bringing year-to-date losses against the dollar to more than 50%, as meetings between Turkish and U.S. officials produced few results. USD/TRY was up 2.50% at 5.4122 by 4:42 AM ET (8:42 GMT), hovering just below an earlier record high of 5.4486. A Turkish delegation went to Washington […]
BEIRUT (Reuters) – A U.S. plan to reduce Iran’s oil exports to zero will not succeed, Iranian Foreign Minister Mohammad Javad Zarif was cited as saying by an Iranian newspaper on Wednesday. U.S. officials have said in recent weeks that they aim to pressure countries to stop buying oil from Iran in a bid to […]
The dollar edged lower against a currency basket on Wednesday, sliding for a second day as trade tensions faded, while sterling wallowed near one-year lows, pressured lower by Brexit uncertainty. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, touched a low of 94.82 and was at 94.98 […]
By Tuvan Gumrukcu and Ali Kucukgocmen ANKARA/ISTANBUL (Reuters) – Turkey’s lira weakened against the dollar on Wednesday, hit by concern about President Tayyip Erdogan’s grip on monetary policy and reports that efforts to resolve a diplomatic row had yet to make tangible progress. A Turkish delegation is visiting Washington this week to discuss the friction […]
By Daniel Leussink TOKYO (Reuters) – The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials about a no-deal Brexit stoked fears Britain would crash out […]
