Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other pr…
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central bank meeting.
T…
The dollar fell to its lowest levels in more than two months against the Japanese yen on Wednesday, with the decline in yen selling in financial carry transactions ahead of the Japan Central Bank’s meeting next week.
The dollar index, which measures …
Doha: Commercial Bank has successfully closed a 3-year USD 500 Million Syndicated Term Loan Facility led by Bank of America, Mizuho Bank, and SMBC Bank as joint coordinators and Bookrunners of the facility.
According to a statement by the bank, the s…