Dollar
US dollar rallies after stronger-than-expected jobs report
THE US dollar jumped on Friday (Jun 7) after data showed the world’s largest economy created a lot more jobs than expected last month, suggesting that the Federal Reserve...
US dollar gains after stronger-than-expected services sector data
THE US dollar rose on Wednesday (Jun 5) after data showed that the services sector in the world’s largest economy rebounded in May after a contraction the month before,...
US dollar stands tall as traders mull Fed outlook
THE US dollar held steady on Monday (Jun 3), as investors warmed to the idea that US inflation may have slowed enough for the Federal Reserve to cut rates...
Canadian dollar gains despite GDP miss as US bond yields ease
THE Canadian dollar rose against its US counterpart on Friday (May 31) as a drop in US bond yields offset increased bets that the Bank of Canada (BOC) would...
Oil up on prospect of Opec+ holding cuts, weaker US dollar
OIL prices rose by more than US$1 a barrel on Tuesday on the expectation that Opec+ will maintain crude supply curbs at its June 2 meeting, while a weaker...
US dollar edges down ahead of data, set for first monthly drop in 2024
THE US dollar edged down on Tuesday (May 28) ahead of key US and eurozone inflation data later this week that could affect expectations for major central banks’ monetary...