The dollar nursed a week of losses on Friday, hit by nervousness on trade and mixed signals about the U.S. economy, while the British pound stood tall as bets firmed that Prime Minister Boris Johnson can win a commanding electoral victory. The safe havens of the Japanese yen and Swiss franc were in demand as a hedge against Sino-U.S. trade talks collapsing, and as investors fretted that U.S. jobs figures due later in the day may fail to deliver an expected rebound. The euro held on to overnight gains against the greenback to buy $1.1104, having climbed 0.8% this week. The yen has added...

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The dollar headed for its highest weekly finish against the safe-haven yen since May on Friday, as data showing the U.S. economy on a firm footing prompted investors to scale back rate-cut bets.Nerves persisted though, as other major currencies spent the week rangebound, navigating a blizzard of trade-war headlines that offered few clues as to when or how an overdue truce might be agreed between...

Sterling briefly touched near seven-month highs against the euro on Thursday on a poll predicting a comfortable election victory for the ruling Conservatives, then slipped to end the day marginally lower. British Prime Minister Boris Johnson is on course to win a majority of 68 in parliament, according to a model from pollsters YouGov that accurately predicted former prime minister Theresa...

The pound headed for a fourth month of gains against the euro, reflecting growing confidence in the market that the Conservative Party will be able to secure a majority in the U.K.s December election. Sterling outperformed all major currencies after a much-anticipated poll released Wednesday evening suggested that Boris Johnsons party is on track to win its biggest mandate since the...

Palladium reached a fresh record, while gold edged higher in thin trading as the U.S. celebrates Thanksgiving. Palladium, used in autocatalysts, touched a fresh high of $1,842.46 an ounce, extending this year's rally to 46%. Yet faltering global car sales and a gloomy prognosis for the sector pose questions about whether the current price levels are sustainable, said Oleg...

Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters in Hong Kong, fuelling tensions with China. Brent crude was down 26 cents, or 0.4%, at $63.80 a barrel by 1038 GMT, having dropped 0.3% on Wednesday. West Texas Intermediate crude fell 27 cents, or 0.5%, to $57.84,...

The British pound strengthened Thursday after a poll indicated Prime Minister Boris Johnson's Conservative Party will win the Dec. 12 general election with a comfortable majority. The pound rose 0.2% to $1.2945 from a level of $1.2920 late Wednesday in New York. FTSE 100 futures meanwhile, indicated a weaker start for London stocks as China reacted angrily to news President Donald Trump signed...

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record. Brent crude futures were down 18 cents, or 0.3%, at $63.88 a barrel by 05:17 GMT, having dropped 0.3% on Wednesday. U.S. West Texas Intermediate crude fell 24 cents, or 0.4%, to $57.87, after falling 0.5% in the...

Gold rose as investors weigh the prospect of rising tensions in U.S.-China relations. President Donald Trump signed a bill into law that expresses U.S. support for Hong Kong protesters, a move that will strain relations with China and further complicate the president's effort to wind down his trade war with Beijing. The legislation in support of the protesters requires annual...

PRECIOUS METALS
Gold prices recoup some of their recent losses ahead of U.S. jobs data
Friday, 6 December 2019 02:11 WIB Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due...
ENERGY
Oil futures end mixed as traders await confirmation of deeper production cuts
Friday, 6 December 2019 03:12 WIB Oil futures ended on a mixed note Thursday, with U.S. prices settling unchanged for the session and global prices higher, as traders awaited a...
CURRENCIES
Dollar Heads For Weekly Decline as Data and Trade Tensions Weigh
Friday, 6 December 2019 08:19 WIB The dollar nursed a week of losses on Friday, hit by nervousness on trade and mixed signals about the U.S. economy, while the British pound stood...

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