Oil rebounds in Asia amid demand prospects

Source: Investing.com
On Thursday prices for NYMEX crude oil in Asia edged up slightly amid noticeable demand prospects in the US economy. Oil futures for March delivery added 0.20% to $44.54 per barrel in Asia, while WTI futures experienced further pressure despite US economy expansion. Meanwhile, Brent futures for March delivery slid 0.96% and traded at $49.13 per barrel on the ICE Futures Exchange in London. Prices for oil lost approximately 60% since June due to OPEC refusing to reduce output and US pumping at record rate.
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Thu, 29 Jan 2015 10:17:04 GMT

Dollar strong against Euro and Yen after Fed statement

On Thursday the US Dollar remained steady versus the Euro and the Yen due to the Fed's statement on interest rates unlikely rising until the middle of 2015. The USD/JPY reached a high of 118.09 overnight and last seen settling at 117.66, whereas the EUR/USD experienced barely any change and settled at 1.1287, compared to yesterday's high of 1.1382. The

Wed, 28 Jan 2015 23:19:06 GMT

Singapore Dollar falls as the central bank shocks the market

Singapore's currency dropped when the CB of the Asian nation surprisingly eased the monetary policy, highlighting the variety in central bank policies around the world. Singapore's Dollar plummeted 0.9% to S$1.3511 versus the Dollar as of 11:51 a.m. London time, the lowest since august 2010.

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