Oil futures rise amid easing supply

Source: The Wall Street Journal
Crude oil jumped up and extended gains from the last session due to decreasing US stockpiles and falling Dollar that is believed to foster the commodity's demand. WTI futures for November delivery stepped up $0.59 to trade at $49.12 per barrel, whereas Brent futures for delivery in November increased $0.38 to reach $52.30 per barrel. US oil production dropped 120,000 barrels per day in September compared with a month ago, the EIA reported. 
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Thu, 08 Oct 2015 08:05:05 GMT

Australian Dollar drops against Greenback

The Aussie tumbled against its US counterpart following the Greenback's recovery from its recent losses recorded due to speculations that the Federal Reserve will postpone its interest rate hike until beginning of next year. The AUD/USD pair reached its session low of $0.7165 over late Asian trading. Subsequently, the currency pair fell 0.46% to change hands at $0.7174. 

Wed, 07 Oct 2015 11:15:06 GMT

Greenback weaker against Yen after BOJ decision

The US currency weakened against the Japanese Yen on Wednesday after the Bank of Japan decided to keep its policy unchanged. The US Dollar was trading 0.16% lower at ¥120.11, just after shortly falling to its daily low of ¥119.75 after the BOJ's decision. Late Tuesday, the Greenback was below ¥120.24 in New York.

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