Oil adds to gains in Asia

Source: The Straits Times
Crude oil prices moved higher on Friday amid hopes that rising demand and a drop in US stockpiles would reduce the oversupply in oil that has put pressure on the market for over a year. WTI futures for delivery in November were up 2%, or $0.99, to trade at $50.42 per barrel. As to Brent futures for November delivery, these rose by 1.6%, or $0.85, to trade at $53.90 per barrel. 
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Fri, 09 Oct 2015 12:31:12 GMT

EUR/USD pair holds gains above 1.13

The Greenback was trading mainly lower against other major currencies, with the exception of the Japanese Yen. The EUR/USD pair was well beyond the handle of 1.13 again. More precisely, the currency pair gained 0.78% to reach 1.1363, the highest level since September 18. In the last session, the FOMC minutes were released and appeared to be rather dovish, pushing

Fri, 09 Oct 2015 12:09:04 GMT

Kiwi advances against the Greenback

The New Zealand Dollar jumped up to its highest level in over six weeks following the most recent FOMC meeting that suggested policymakers were tending to keep interest rates unchanged. The Kiwi rose $0.6661 from $0.6605, while the trade-weighted index increased from 71.04 to 71.60. The U.S. Dollar index stood at 95.308 from previously 95.479 following the earlier drop to

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