The euro dropped to its lowest level since mid-November on Friday after the European Central Bank signalled it could cut rates as soon as June even with a hot U.S. economy likely forcing the Federal Reserve to wait until later in the year.
Meanwhile, the Japanese yen fell to a new...
The euro dropped to its lowest level since mid-November on Friday after the European Central Bank signalled it could cut rates as soon as June even with a hot U.S. economy likely forcing the Federal Reserve to wait until later in the year.
Meanwhile, the Japanese yen fell to a new...
Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a bearish world oil demand growth forecast from the International Energy Agency (IEA) and worries about slower U.S. interest rate cuts.
Brent crude futures settled up 71 cents at $90.45 a barrel,...
Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a bearish world oil demand growth forecast from the International Energy Agency (IEA) and worries about slower U.S. interest rate cuts.
Brent crude futures settled up 71 cents at $90.45 a barrel,...
Gold prices climbed on Friday to hit a historic peak as central bank purchases amid geopolitical tensions sustained the momentum for the yellow metal, while strong U.S. economic data failed to dampen bullion's allure.
Spot gold was up 0.5% at $2,384.34 per ounce, as of 0345 GMT. Bullion hit a record...
Gold prices climbed on Friday to hit a historic peak as central bank purchases amid geopolitical tensions sustained the momentum for the yellow metal, while strong U.S. economic data failed to dampen bullion's allure.
Spot gold was up 0.5% at $2,384.34 per ounce, as of 0345 GMT. Bullion hit a record...
Iron ore futures extended gains on Friday and were on track for a weekly gain, thanks to a brighter demand outlook in top consumer China and improved fundamentals in the near term.
The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 3.12% higher at 843.5...
Iron ore futures extended gains on Friday and were on track for a weekly gain, thanks to a brighter demand outlook in top consumer China and improved fundamentals in the near term.
The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 3.12% higher at 843.5...
Copper prices jumped to their highest since June 2022 on Friday as investors piled into the market on expectations of a demand upswing on the back of potential cuts to interest rates in the coming months.
Benchmark copper on the London Metal Exchange (LME) was up 2.2% at $9,552 a metric...
Copper prices jumped to their highest since June 2022 on Friday as investors piled into the market on expectations of a demand upswing on the back of potential cuts to interest rates in the coming months.
Benchmark copper on the London Metal Exchange (LME) was up 2.2% at $9,552 a metric...
