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US currency

Copper under pressure
Markets

Copper under pressure

LONDON: Copper came under pressure on Thursday as weak manufacturing data from top consumer China and a stronger...
Published 02 Jul, 2021 04:19am
Copper prices up
Markets

Copper prices up

LONDON: Copper prices rose on Thursday as a softer dollar and worries about a strike in Chile spurred purchases, but...
Published 21 May, 2021 05:04am
Dollar struggles to hold gains after US reports jump in inflation
Markets

Dollar struggles to hold gains after US reports jump in inflation

  • "The dollar is really going to struggle to hold onto gains," said Mazen Issa, senior foreign exchange strategist at TD Securities.
  • "The Fed has made it clear in no uncertain terms that they intend to look through transitory inflation factors and they are not perturbed by these moves," said Issa.
Published 12 May, 2021 07:44pm
Copper prices slide
Markets

Copper prices slide

LONDON: Copper prices slid on Monday as worries about higher freight costs receded after a container ship blocking...
Published 30 Mar, 2021 05:45am
Turkish lira weakens 1.5pc against dollar
Markets

Turkish lira weakens 1.5pc against dollar

  • The lira weakened as far as 7.4540 against the US currency from a close of 7.3425 on Tuesday and stood at 7.4320 at 1400 GMT. After strong gains until mid-February, the lira has retreated back to end-2020 levels.
Published 03 Mar, 2021 07:44pm
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