Tag: dollar
Investing in Gold: Does It Stack Up?
Gold has a timeless allure — especially if you worry about stock market volatility, inflation, a decay of ordinary currency or the collapse of...
Why is gold valuable?
Much of gold's value comes from its scarcity. Research suggests that if you added up the world’s holdings of gold throughout all of history,...
OPEC Reference Basket (ORB) US Dollars per Barrel:OPEC BASKET PRICE ON JUNE13TH 2022
In June of 2022, the average price of the OPEC basket so far this month is $119.6 per barrel, while the price was $113.94...
Confronting the inflation beast: Five questions for the ECB
LONDON, June 6 (Reuters) - The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are...
Turkish lira slips again; Nebati says rates to stay put
ISTANBUL, June 6 (Reuters) - Turkey's lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20% this...
Russian rouble eases towards 62 vs dollar, stocks extend fall
June 6 (Reuters) - The Russian rouble weakened towards 62 against the dollar on Monday, steered by internal market flows and capital controls, while...
Column: ECB rates pledge spurs punchy hedge fund euro bets: McGeever
ORLANDO, Fla., June 6 (Reuters) - The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge...
Analysis: Sterling traders see Johnson emerging weaker from confidence vote
June 6 (Reuters) - The pound firmed on news of the confidence vote against British Prime Minister Boris Johnson, betting he will emerge weakened...
Dollar extends 20-year high vs yen amid inflation jitters; Aussie slips before RBA
TOKYO, June 7 (Reuters) - The dollar continued its overnight rally into Asian trading hours on Tuesday, hitting fresh two-decade highs versus the yen,...
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
Canada’s move to bulk up antitrust muscle may miss root of problem
TORONTO (Reuters) - Waves of industry consolidation over the decades have resulted in fewer choices for customers from telecoms to banking, with Canadians paying...
Gold rises over 1% buoyed by dollar slide, weak ADP data
Gold prices rose over 1.3% on Thursday supported by a dip in the dollar and data showing U.S. private payrolls rose less than expected...