Pound Up Versus Dollar for First Time in Four Days

Monday, 29 June 2020 15:26 WIB pound Sterling, Poundsterling GBP/USD

The pound gained from broad dollar weakness on the back of news about a Chinese coronavirus vaccine, before paring the advance after Prime Minister Boris Johnson said the Covid-19 crisis has been a disaster for Britain. GBP/USD rose as much as 0.4% to 1.2390 in the first gain in four days, before paring the gain to 0.2%; the U.K. currency slipped 0.2% against the euro at 91.09 pence. Most G-10 currencies were stronger versus the dollar. Source : Bloomberg



Gold Edges Higher as Real Yields Slip

Monday, 29 June 2020 15:19 WIB GOLD EMAS

Gold prices are modestly higher in European trading, extending Friday's gains as real yields on U.S. Treasury bonds keep falling. New York futures are up 0.1% at $1,782.10. Gold's "main supporter is likely U.S. Treasury yields, which continued...

Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading countries to resume partial lockdowns that could hurt fuel demand. Brent crude LCOc1 dropped 72 cents, or 1.8%, to...

Gold futures edged closer toward $1,800 an ounce -- a level last seen at the end of 2011 -- as demand for haven assets surged amid concerns over rising coronavirus infections. Bullion is heading for its best quarter since 2016 as...

A firm dollar kept riskier currencies under pressure on Monday, as a surge in coronavirus cases and the re-imposition of curbs to stop its spread had investors worried that a global economic recovery could be derailed even before it had taken...

Oil kept falling after just its second weekly drop since April as coronavirus infections and fatalities surpassed grim milestones in a reminder the outbreak is far from under control in many parts of the world. Futures in New York fell below $38 a...

Oil futures fell on Friday, sending U.S. prices down by more than 3% for the week as the increasing numbers of coronavirus cases looked to hamper a recovery in energy demand. August West Texas Intermediate oil fell 23 cents, or 0.6%, to settle at...


Oil rises slightly ahead of OPEC+ meeting
Wednesday, 15 July 2020 02:09 WIB
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United

Precious Metals

Gold held a two-day advance above $1,800 an ounce as investors tracked tensions between the U.S. and China, progress in developing a coronavirus vaccine, and the mixed outlook for the global


The euro rose to a four-month high against the dollar on Wednesday on hopes European Union leaders may agree on stimulus and deepening fiscal integration to shield the economy from the


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