The euro edged down on Tuesday as the euro zone economy showed more signs of slowing. The greenback edged higher despite growing bets the U.S. central bank will pause its rate hike cycle.
Category: Features
The dollar falls on Monday on growing bets the Federal Reserve will freeze its multi-year rate hike cycle. Euro leads gains among greenback’s rivals.
Oil up after China said it would hold vice-ministerial level trade talks with the United States in Beijing next week.
Euro set for biggest daily gain against pound in a week as Brexit countdown has shown 100 days to go. With 100 days to go before Britain is scheduled to leave the European Union, PM Theresa May goes on tour.
There was a 4% drop in oil prices on Tuesday after reports of swelling inventories. In addition, forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets weighed further.