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Dollar Steady, Yen Weakens Amid Rising Rate-Cut Expectations

Tokyo: The US dollar held broadly steady on Monday, while the Japanese yen weakened after surrendering part of last week’s strong gains, as softer US inflation data reinforced expectations that the US Federal Reserve could move toward interest rate cu…

European Stocks Close Mixed Amid Market Volatility

Doha: European stock indices closed mixed Monday, amid market volatility stemming from concerns about the impact of artificial intelligence tools on corporate profits, and as investors await a busy week of earnings reports. The pan-European Stoxx 600 …

Gold Declines on Firmer Dollar

Doha: Gold prices declined on Monday as the US dollar strengthened, prompting investors to take profits after the precious metal recorded gains of more than 2% in the previous session. The pullback came despite softer-than-expected US inflation data, …