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 […]
By Thomas Escritt BERLIN (Reuters) – For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War. But a new pipeline that will carry gas direct from Russia under the Baltic Sea to Germany is doing rather less for friendship, driving a […]
The pound slumped to its lowest level since early September on Monday after amid mounting worries over Brexit after Britain’s international trade secretary warned that a no-deal Brexit was now more likely than not. GBP/USD hit a low of 1.2956, its weakest level since September 4 was down 0.31% to 1.2962 by 05:24 AM ET […]
Gold prices traded lower while the dollar was little changed ahead of the U.S. July job reports due later in the day. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell by $4.0, or 0.33%, to $1,216.10 a troy ounce by 1:40AM ET (05:40 GMT). The dollar was little changed as traders […]
TOKYO (Reuters) – Japan’s latest tweak to its ultra-easy monetary policy settings has nudged its bond yields higher but not nearly enough to entice hundreds of billions of dollars worth of Japanese investment in overseas debt to return home. At this week’s policy review, the Bank of Japan (BOJ) signaled a greater tolerance for higher […]
Gold prices slipped on Thursday after the dollar steadied after the Federal Reserve concluded a two-days policy meeting and gave an upbeat assessment on the U.S. economy. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell by $0.6, or 0.06%, to $1,227.00 a troy ounce by 1:40AM ET (05:40 GMT). The Fed […]
LONDON (Reuters) – The dollar rallied on Thursday as the Federal Reserve’s upbeat assessment of the economy combined with a flare-up in the trade tensions between the United States and China to boost demand for the U.S. currency. The euro fell to a one-week low as the dollar gained in early European trading. The escalation […]
The euro pushed higher on Tuesday as investors awaited reports on growth and inflation in the euro area, while the yen slid lower after the Bank of Japan said it would be more flexible in its massive stimulus program. EUR/USD was up 0.17% to 1.1725 by 03:36 AM ET (07:36 GMT), after rising 0.41% on […]
Gold prices slipped on Tuesday while the U.S. dollar was also slightly weakened against the yen ahead of a monetary policy decision from the Bank of Japan. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell by $0.80, or 0.07%, to $1,220.50 a troy ounce by 1:30AM ET (05:30 GMT). Meanwhile, […]
LONDON (Reuters) – The Japanese yen weakened against the dollar on Tuesday after the central bank pledged to keep interest rates low and adopted a forward guidance model to strengthen its commitment for its massive policy stimulus. The yen slipped 0.2 percent against the dollar at 111.25 yen in a volatile session and rebounding off […]
