The path to higher oil prices seems pretty clear, but it isn’t inevitable.
SINGAPORE (Reuters) - The dollar inched higher against a basket of currencies on Tuesday, having pulled up from its lowest level in more than a week as hopes for easing global trade tensions pushed U.S. bond yields higher.
TOKYO (Reuters) - The dollar held steady on Monday, its recent rally running out of steam on the back of sagging U.S. yields as investors wound back expectations that the Federal Reserve will launch a series of quick rate hikes.
SINGAPORE (Reuters) - Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran.
TOKYO, May 7 (Reuters) – Benchmark Tokyo rubber futures reversed losses to end higher on Monday, on a recovery in Shanghai futures and stronger oil prices, which hit their highest since November 2014.
TOKYO (Reuters) - The dollar hovered near a four-month high on Tuesday, backed by rising Treasury yields and broadly strong U.S. economic data, leaving its major rivals such as the euro struggling and others including the Argentine peso down sharply.