Oil prices edged up on Thursday as traders anticipated greater demand after the US Federal Reserve cut interest rates on Wednesday. Elsewhere gold...
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Oil prices edged up on Thursday as traders anticipated greater demand after the US Federal Reserve cut interest rates on Wednesday. Elsewhere gold prices eased from their record highs due to a stronger dollar. A stronger dollar makes commodities priced in the greenback more expensive for overseas buyers. Silver and copper prices were also down, following the interest rate decision by the US central bank. Oil prices rise On Thursday, oil prices saw a modest increase. This came as traders considered the Fed’s decision to cut interest rates, marking the beginning of a more relaxed monetary policy, alongside ongoing worries about the health of the US economy. On Wednesday, the Fed reduced...
Oil prices edged up on Thursday as traders anticipated greater demand after the US Federal Reserve cut interest rates on Wednesday. Elsewhere gold...
Most major commodities took a breather on Wednesday as gold, crude and silver prices were in the red. Gold investors were cautious ahead of the...
TOKYO/SINGAPORE: Oil prices declined for a second session on Thursday, after the Federal Reserve cut interest rates as expected and traders focused on...
KUALA LUMPUR: The ringgit closed stronger on Wednesday, hitting a near one-year high against the greenback ahead of the United States (US) interest...
KUALA LUMPUR: The ringgit opened stronger against the US dollar on Tuesday, extending gains as the greenback weakened on rising expectations of United...
KUALA LUMPUR: The ringgit opened stronger against the US dollar on Tuesday, extending gains as the greenback weakened on rising expectations of United...
Gold prices rose on Friday, and headed for its fifth straight weekly gain on the back of the US Federal Reserve cutting interest rates earlier this...
OIL prices edged up on Tuesday, extending previous session gains, as markets contemplated potential supply disruption from Russia after Ukrainian...
Stock markets and the dollar steadied as investors expected the US Federal Reserve to cut interest rates Wednesday to shore up the world’s...
Gold prices eased on Monday, pressured by profit-taking and an uptick in the dollar, though losses were limited as investors looked ahead to a US...