Dollar regains strength as markets turn cautious
Here is what you need to know on Friday, March 11: On Thursday, the greenback regathered its strength on risk aversion and hot inflation data, and the US Dollar …
Tag: Ukraine
Russia suspends forex sales to September 9
Russia suspends forex sales to September 9 AFP, Moscow, Tue 09 2022, 04:41 ist updated: Tue 09 2022, 04:41 ist Russia has suspended the sale of foreign currencies until …
Dollar rally continues on surging yields, eyes on FOMC Minutes
Here is what you need to know on Wednesday, April 6: Fueled by hawkish Fed commentary and upbeat data releases, the US Dollar Index has advanced to its highest …
Why Biden’s release of US oil reserves won’t end pain at the pump | Business and Economy News
Washington, DC- When Joe Biden announced that the United States would release more than 180 million barrels of oil from its strategic petroleum reserve over the next six months, …
As inflation soars and wages stay stagnant, Bank of Canada survey signals pressure to move aggressively on rate hikes
Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa on March 3.BLAIR GABLE/Reuters Canadians are increasingly worried that consumer prices will keep shooting up …
Ongoing supply issues expected to drive prices higher: Bank of Canada survey – National
The global supply chain snags that marked the latter half of 2021 have stretched into the new year and have been worsened by Russia’s invasion of Ukraine, according to …
FOREX-Dollar hits 6-year high vs yen as BOJ moves against rising bond yields
The dollar hit a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while US Treasury yields soared to new multi-year highs, …
Ukraine’s gold, forex reserves at pre-war levels, says official
Ukraine’s forex reserves at pre-war levels: Official Economic adviser Ustenko expressed confidence that the hryvnia currency rate could be kept stable Reuters, Apr 02 2022, 15:24 ist updated: Apr …
Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon – analysts
(Kitco News) After a stellar first quarter, gold’s April trading started on a sour note as prices dropped $30 on the day amid rising yields. But analysts are keeping …
Gold price posts best results since Q3 2020, path to $2,000 looks clear
(Kitco News) The gold market is closing the first quarter of 2022 with the best gains since Q3 2020 — when the precious metal was in very high demand …
FOREX-Dollar eyes 2.8% quarterly gain as safe-haven flows support
The dollar rose on Thursday as a lack of progress in peace talks between Russia and Ukraine boosted demand for the safe-haven currency and as the United States announced …
Why We Cannot Just “Unplug” Our Current Energy System
OPEC’s Secretary General and other industry leaders had much to say about ‘Oil and Gas in a Net-Zero World’ in Dubai this week. They appeared newly confident in the …