Tag: edges higher
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Dollar edges higher against Swiss franc after US inflation data
NEW YORK, Sept 11 : The dollar edged higher against the Swiss franc on Friday after closely watched U.S. inflation data showed a rise in consumer prices, reinforcing expectations that the Federal Reserve will raise interest rates next week. The dollar initially gained as the data boosted the likelih
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Dollar edges higher against euro after US inflation data
NEW YORK, Sept 11 : The U.S. dollar edged higher against major peers on Friday after closely watched inflation data showing higher consumer prices reinforced expectations of a Federal Reserve interest rate increase next week.Labor Department data showed that the U.S. consumer price index increased 0.4 per cen
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Dollar edges higher as investors weigh Iran sanctions, Treasury buybacks
Aug 25 : The U.S. dollar regained some strength on Tuesday, as investors parsed Washington’s expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields, while cryptocurrencies extended a rally on debasement fears.U.S. Treasury Secretary Scott Bessent unveiled an expan
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Oil edges higher as Iran tempers hopes of swift Hormuz reopening
LONDON, Aug 10 : Oil prices edged higher on Monday on optimism over talks to reopen the Strait of Hormuz, though gains were capped by Iran’s insistence that the United States must satisfy several demands before the waterway can reopen. Brent crude futures stood were up 67 cents, or 0.8 per cent, at $84.22 a
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Chipmakers weigh on stocks, oil edges higher
LONDON/SYDNEY, July 16 : European markets edged lower on Thursday following more overnight volatility in Asia’s tech-dominated indexes, while benign U.S. inflation data helped keep the dollar and government bond yields under control, as the U.S.-Israeli war on Iran nudged oil prices up again.Despite stellar
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Dollar edges higher on escalating US-Iran tension, yen slides on pension doubts
NEW YORK, July 13 : The dollar clung to modest gains on Monday, underpinned by escalating hostilities in the Gulf and hawkish comments from a Federal Reserve governor ahead of the monthly U.S. inflation report.The yen slid following a Reuters report Japan had no immediate plan to change state pension funds’ a
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Dollar edges higher after data as yen holds near 40-year low
NEW YORK, July 7 : The dollar rose modestly on Tuesday following consecutive sessions of slight declines while the yen held near a four-decade low, as investors continued to watch for signs of possible intervention by Japanese authorities to support the currency.The greenback showed a muted reaction to report
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Oil edges higher as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices ticked higher on Wednesday on concerns a breakdown in talks between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region.Brent futures rose 14 cents, or 0.19 per cent, to $73.09 a barrel at 0644…
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