New york: The US dollar was on a weak footing on today after lacklustre economic data seemingly cemented the case for a rate cut from the Federal Reserve next week, providing relief to the yen and pushing the euro to an almost seven-week high. The dol…
Month: December 2025
Gold Slips as Investors Turn Cautious Ahead of Fed Meeting
New york: Gold edged lower today as investors booked profits, taking a cautious stance ahead of next week’s US Federal Reserve meeting, while looking to upcoming data for clearer signals on the central bank’s interest rate path. Spot gold was down 0.2…
Oil Prices Move Slightly Higher amid Supply Concerns
Muscat: Oil prices moved slightly higher today after Ukrainian attacks on Russia’s oil infrastructure signaled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets. Brent c…