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Dollar nurses loses; pounds fate tied to EU summit

Thursday, 17 October 2019 08:36 WIB DOLLAR Euro pound

The dollar found support on Thursday having weakened on lacklustre U.S. retail data, while the volatile pound was on edge as Britain and the European Union scrambled to secure a last-minute Brexit deal. Sterling swung about a five-month high overnight, knocked around by a series of mixed headlines on the likelihood of progress at an EU leaders summit in Brussels later on Thursday. It has surged some 5% since last week as negotiations stepped up, and sat in early Asian hours at $1.2816 per pound. The dollar was steady against most major currencies. Against the Euro the pound also stood just under a five-month high at 0.8638 per euro. The U.S. dollar had dropped on Wednesday as U.S....

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Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came...

Oil Edges Higher In Yo-Yo Market

Thursday, 17 October 2019 03:39 WIB Minyak WTI Brent

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Energy

Oil prices fell on Monday in Asia amid continued concerns on China's weak GDP growth and reports that Russia missed its target to cut oil output in September. U.S. Crude Oil WTI Futures slipped

Precious Metals

Palladium Eyes $1,800 as Rally Resumes; Gold Drifts
Monday, 21 October 2019 16:02 WIB
Palladium resumed its upward march after a brief retreat late last week, boosted by concerns over South African mine supply in an already tight market. The metal, used to curb emissions from

CURRENCIES

Pound dips, FTSE 100 rises after Brexit-vote delay
Monday, 21 October 2019 15:24 WIB
The British pound slipped, while U.K. stocks rose modestly on Monday, after lawmakers in the country voted to ask for a Brexit-deadline delay over the weekend. Paring earlier losses, the pound

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