London: Oil prices held steady in early trade today after rising in the previous session, as market participants contemplated potential supply disruption from Russia. Brent crude futures edged up 4 cents to $67.48 a barrel, while US West Texas Interme…
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Gold Scales New High as Dollar Weakens Ahead of Fed Meeting
Amman: Gold prices today scaled a record peak, supported by a weaker dollar ahead of the Federal Reserve’s policy meeting this week, where the central bank is widely expected to cut borrowing rates. Gold prices have reached unprecedented levels, refle…
Dollar on Back Foot as Traders Eye Series of Fed Rate Cuts
Amman: The US dollar today sank to a 2-1/2-month low against the euro with investors cemented bets for a Federal Reserve interest rate cut this week. The greenback changed hands just shy of a more than two-month low on the British pound while the euro…