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Dollar

Sterling rises
Business & Finance

Sterling rises

LONDON: The British pound rose on Monday to its highest against the euro since May 2020 and came close to recent...
Published 02 Feb, 2021 04:29am
Copper under pressure
Markets

Copper under pressure

LONDON: Copper prices came under pressure on Friday from profit-taking on long positions triggered by the higher...
Published 30 Jan, 2021 03:55am
Japan rubber futures jump
Markets

Japan rubber futures jump

TOKYO: Japanese rubber futures jumped on Friday, ending the first month of 2021 firmer, amid hopes of an economic...
Published 30 Jan, 2021 03:55am
Sterling dips
Business & Finance

Sterling dips

LONDON: Risk-sensitive sterling slipped against the dollar and euro on Friday, shedding some recent gains amid wider...
Published 30 Jan, 2021 03:55am
Dollar gains as retail trading frenzy rattles investors
Markets

Dollar gains as retail trading frenzy rattles investors

  • Despite the dollar's move higher this week, most analysts are sticking to their calls it will weaken in 2021 as the new US government implements massive fiscal spending while the Federal Reserve maintains its ultra-easy monetary policy.
Published 29 Jan, 2021 03:00pm
Dollar drops in choppy trading, investors rebalance for month-end
Markets

Dollar drops in choppy trading, investors rebalance for month-end

  • There's such a tug of war right now between the longer-term momentum_and the shorter-term term phenomenon of maybe a dollar short squeeze.
  • The dollar index against a basket of currencies is up 0.50% this month after falling more than 6% last year. It was last down 0.22% on the day at 90.46.
Published 28 Jan, 2021 09:28pm