The dollar slipped against a basket of currencies on Friday after two volatile days as investors focused on how aggressive the Federal Reserve might be in hiking rates as it tackles rising inflation.
The dollar index hit a 20-year high overnight on safe-haven demand, following Thursday's sharp stock sell-off driven by concerns about...
The dollar slipped against a basket of currencies on Friday after two volatile days as investors focused on how aggressive the Federal Reserve might be in hiking rates as it tackles rising inflation.
The dollar index hit a 20-year high overnight on safe-haven demand, following Thursday's sharp stock sell-off driven by concerns about...
European stocks slumped on Friday as fears of spiralling inflation and bigger interest rate rises dampened sentiment despite the release of a better-than-expected April jobs reports in the States.
"Stocks had been hoping for a quiet end to the week, with some breathing space after all the volatility, but it is...
European stocks slumped on Friday as fears of spiralling inflation and bigger interest rate rises dampened sentiment despite the release of a better-than-expected April jobs reports in the States.
"Stocks had been hoping for a quiet end to the week, with some breathing space after all the volatility, but it is...
Oil prices rose more than 1% on Friday and were set to rise for a second consecutive week, shrugging off concerns about global economic growth as impending European Union sanctions on Russian oil raised the prospect of tighter supply.
Brent futures rose $1.43, or 1.3%, to $112.31 per barrel by 1:24...
Oil prices rose more than 1% on Friday and were set to rise for a second consecutive week, shrugging off concerns about global economic growth as impending European Union sanctions on Russian oil raised the prospect of tighter supply.
Brent futures rose $1.43, or 1.3%, to $112.31 per barrel by 1:24...
British and Dutch wholesale gas prices fell on Friday morning with reduced demand expected amid mild weather and as supply from Russia remained stable.
The British within-day contract slumped by 50 pence to 60 pence per therm by 0942 GMT and the day-ahead contract was 35 pence lower at 65 p/therm.
The...
British and Dutch wholesale gas prices fell on Friday morning with reduced demand expected amid mild weather and as supply from Russia remained stable.
The British within-day contract slumped by 50 pence to 60 pence per therm by 0942 GMT and the day-ahead contract was 35 pence lower at 65 p/therm.
The...
Gold prices edged up on a weaker dollar on Friday, but prospects of aggressive rate hikes from the U.S. Federal Reserve put bullion on course for a third consecutive weekly decline. Spot gold rose 0.3% to $1,883.11 per ounce by 10:40 a.m. ET (1440 GMT), but was down 0.7% for...
Gold prices edged up on a weaker dollar on Friday, but prospects of aggressive rate hikes from the U.S. Federal Reserve put bullion on course for a third consecutive weekly decline. Spot gold rose 0.3% to $1,883.11 per ounce by 10:40 a.m. ET (1440 GMT), but was down 0.7% for...
