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  • Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build

    Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build0

    Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, while U.S. crude inventories also logged a seventh straight week of builds. Hawkish overnight comments from Federal Reserve officials saw markets reassessing their outlook for U.S. interest rate hikes this

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  • Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot

    Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot0

    Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest rates, with markets betting that a U.S. economic slowdown will force the bank into reversing its hawkish stance this year. The Chinese yuan rose 0.4% and came close to a seven-month high against

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  • Asia FX Muted, Dollar Steadies As Fed Meeting Looms

    Asia FX Muted, Dollar Steadies As Fed Meeting Looms0

    Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations that the Fed will slow its pace

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