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October 7, 2025

Dollar Rises as Yen Falls to Two-Month Low

Tokyo: The dollar index, which measures the greenback against a basket of currencies, added 0.05% to 98.17, while the yen weakened to a two-month low against the dollar. The yen lost 0.2% to 150.59 per dollar and earlier touched 150.62, marking its we…

Gold Surges to New Record on Safe-Haven Demand, Fed Rate-Cut Bets

Doha: Gold surged to a fresh record high on Tuesday as investors sought safe-haven assets amid a prolonged US government shutdown and growing expectations of a Federal Reserve rate cut later this month. Spot gold rose 0.4% to $3,974.09 per ounce, trad…