August 12, 2025

Dollar Advances against Yen ahead of US Inflation Data

Tokyo: The dollar firmed against the yen today 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.

Oil Rises as US-China Tariff Extension Lifts Trade Hopes

Muscat: Oil prices rose today 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

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