Muscat: The US dollar held near multi-month lows against most major currencies today as traders walked back expectations of near-term monetary tightening. The euro fetched $1.1581 in early Asian hours, not far from the two-month high of $1.1614 it tou…
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Oil Climbs as Fading Middle East Peace Deal Diminished
Muscat: Oil prices rose today as prospects for a Middle East peace agreement faded after the US ruled out extending the ceasefire, fueling concerns about energy supplies. Brent crude futures climbed 27 cents, or 0.3%, to $91.14 a barrel after rising t…
Gold Extends Gains to $4,431.09 per Ounce
Muscat: Gold rose for a third straight session today as fears of a US interest rate hike next month eased, with investors awaiting insights from the Federal Reserve’s latest meeting for fresh clues on the monetary policy path. Spot gold was up 0.4% at…