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Dollar Weakens on Reduced Fed Rate Hike Chances This Month

1 day 17 hours ago
The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar came under pressure Friday after Fed Chair Powell refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Powell’s lack...
Barchart

Crude Oil Prices Surge as Global Supply Risks Multiply

1 day 17 hours ago
November WTI crude oil (CLX26 ) closed up +3.44 (+3.51%) on Friday, and November RBOB gasoline (RBX26 ) closed up +0.552 (+1.74%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 1-month high. Crude prices rose Friday amid a weaker dollar and concerns that escalating hostilities...
Barchart

Dollar Weakens on Reduced Fed Rate Hike Chances This Month

1 day 17 hours ago
The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar came under pressure Friday after Fed Chair Powell refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Powell’s lack...
Barchart

Crude Oil Prices Surge as Global Supply Risks Multiply

1 day 17 hours ago
November WTI crude oil (CLX26 ) closed up +3.44 (+3.51%) on Friday, and November RBOB gasoline (RBX26 ) closed up +0.552 (+1.74%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 1-month high. Crude prices rose Friday amid a weaker dollar and concerns that escalating hostilities...
Barchart