(RTTNews) - Oil prices finished modestly higher on Friday as a weaker dollar offset demand worries, following a disappointing jobs report. Light sweet crude for February delivery finished at $82.75 per barrel, up 9 cents on the session. Earlier …
Original Post By Google News Click Here For The Entire Article
TOKYO: Japanese Prime Minister Yukio Hatoyama said on Friday the government should not comment on foreign exchange rates, in an apparent rebuke to his new finance minister, who said he wanted the yen to weaken more. Finance Minister Naoto Kan called …
Original Post By Google News Click Here For The Entire Article
NEW YORK (Dow Jones)–The dollar tumbled against major rivals Friday after a disappointing job report discouraged bets the U.S. Federal Reserve will raise interest rates in the near future. The report had been billed as a key marker for the greenback …
Original Post By Google News Click Here For The Entire Article
NEW YORK, Jan 8 (Reuters) - The dollar suffered its biggest loss against a basket of six currencies in a month and a half on Friday after an unexpected drop in U.S. nonfarm payrolls dented expectations interest rates will rise any time soon. The …
Original Post By Google News Click Here For The Entire Article
MUMBAI: Foreign exchange reserve rose $22 million during the week ended January 1 on account of revaluation gain in the value of gold in reserves. Total foreign exchange reserves, including gold and special drawing rights (SDR — reserves currency …
Original Post By Google News Click Here For The Entire Article
… positive [jobs] report and job growth did return — but unfortunately it happened in November and the increase was modest, ” said Kathy Lien, director of currency research at Global Forex Trading, in a note. “The disappointing release should …
Original Post By Google News Click Here For The Entire Article
FXstreet.com (Barcelona) – The GBP/USD is currently operating near the1.6020 level, where it had found resistance earlier today before the release of poor US jobs data sent it bouncing. The disappointing US employment figures made the pair …
Original Post By Google News Click Here For The Entire Article
FXstreet.com (Barcelona) – The Swiss franc has extended daily gains versus the dollar and a multi-week push respect to the euro during today’s trading. After having an upswing capped at 1.0315, the USD/CHF has entered a free-fall, down over 125 …
Original Post By Google News Click Here For The Entire Article
Mumbai, Jan. 8 Foreign exchange reserves rose marginally by $22 million to $283.521 billion for the week ended January 1 on account of an increase in gold reserves. According to figures released in the Reserve Bank of India’s weekly statistical …
Original Post By Google News Click Here For The Entire Article
NEW YORK (Dow Jones)–The U.S. dollar turned lower against the euro midday Friday in New York amid rising expectations the Federal Reserve is not in a rush to raise interest rates earlier than previously forecast. In choppy trading, the dollar …
Original Post By Google News Click Here For The Entire Article