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Dollar Declines on September Rate Cut Expectations

Doha: The dollar weakened on Wednesday after a tame reading on US inflation bolstered expectations of a Federal Reserve rate cut next month. The dollar index, which measures the performance of the US currency against a basket of major currencies, fell…

Dollar Advances against Yen Ahead of US Inflation Data

Tokyo: The dollar firmed against the yen on Tuesday and held its ground against the euro and sterling, as markets braced for a US consumer inflation report later in the day that could shape expectations for Federal Reserve interest rate cuts. The doll…

Oil Rises as US-China Tariff Extension Lifts Trade Hopes

Doha: Oil prices rose on Tuesday after the United States and China agreed to extend a pause on higher tariffs, easing concerns that an escalation of their trade dispute could damage economic growth and curb fuel demand in the world’s two largest oil c…