Dollar trades near two-week low as U.S. yields fall

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph By Ritvik Carvalho LONDON (Reuters) – The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new […]

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Turkish lira plunges to near record low after Erdogan sacks central bank chief

3/3 © Reuters. FILE PHOTO: Turkish lira banknotes are seen in this illustration 2/3 By Jonathan Spicer and Ezgi Erkoyun ISTANBUL (Reuters) – briefly fell 15% to near its all-time low on Monday after President Tayyip Erdogan’s shock weekend ousting of a hawkish central bank governor sparked fears of a reversal of recent rate hikes. […]

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Dollar defensive as Treasury yields slip from near 14-month highs

© Reuters. FILE PHOTO: U.S. dollar notes are seen in this picture illustration By Kevin Buckland and Sagarika Jaisinghani TOKYO (Reuters) – The U.S. dollar gave up early gains on Friday as Treasury yields dipped from near 14-month highs, while investors digested the Federal Reserve’s pushback against expectations of any early interest-rate hikes. The was […]

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Oil hovers near 13-month highs as storm hits U.S. output, Fed assures rates staying low

© Reuters. The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas By Julia Payne LONDON (Reuters) – Oil prices extended gains for a fourth session on Thursday to reach the highest levels in more than 13 months, underpinned by an assurance that U.S. interest rates will stay low, and […]

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Exports empty Canada’s canola bins, driving prices to near records

3/3 © Reuters. A deer feeds in a Western Canadian canola field in full bloom in 2019 2/3 By Rod Nickel WINNIPEG, Manitoba (Reuters) – Canada, the world’s biggest canola grower, is running short of the oilseed six months before the next harvest, with strong export demand driving prices to nearly 13-year highs last week. […]

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