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Oil Prices Keep Climbing Despite Stronger Dollar - Latest News


Oil Prices Keep Climbing Despite Stronger Dollar

Oil prices rose in volatile trading Tuesday, shrugging off a strong dollar and weak equity markets. U.S. crude futures recently rose 35 cents, or 0.49%, to $71.31 a barrel on the New York Mercantile E... read more

Canadian Dollar Outlook Now Bearish As Commodity Prices Weaken

Starting in the second quarter of this year, the Canadian dollar has weakened against its US counterpart. Thanks to decelerating GDP growth, the Bank of Canada has failed to keep ... slowed despite a ... read more

Even As U.S. Outlook Darkens, U.S. Dollar Set To Keep Strengthening

While economic trends are now changing, the US dollar is likely to keep strengthening. Going forward, we forecast a further slowdown in global growth and also expect US growth to begin decelerating in ... read more

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Asian stocks weaken as Turkey worries weigh, dollar stands tall

TOKYO (Reuters) - Asian stocks sagged on Wednesday, failing to track Wall Street's gains and with the dollar near a 13-month high as concerns about Turkey's financial crisis weighed on investor appeti... read more


Oil and Gas - Canadian E&P Stock Outlook: Signs of Tailwind

While oil production is surging in Canada, the country's exploration and production (E&P) sector has remained out of favor, primarily due to the scarcity of pipelines. In short, pipeline construction ... read more

US stocks keep climbing as banks and technology firms lead

U.S. stocks are rising again Tuesday as strong company earnings ... ENERGY: U.S. crude oil rose 0.5 percent to $69.35 a barrel in New York. Brent crude, the standard for international oil prices, rose ... read more

Cannot Keep the ‘Big’ Dollar Down

Another strong JOLTS jobs opening report (+6.66M ... Loonie failing to fly USD/CAD (C$1.3020) is another early looser against the dollar, despite crude oil prices remaining better bid now that the U.S ... read more

Canada still faces risks, despite signs of NAFTA progress

Oil prices ... strong growth performance and the hostility surrounding US trading policies didn’t seem to interfere with the Bank of Canada’s decision on Wednesday 11 July when policy rates were hiked ... read more

Australian Dollar Outlook - Sterling (GBP/AUD) Exchange Rate Volatile As The Turkish Lira Sends Shockwaves Through Currency Markets

The Pound (GBP) initially surged against Australian Dollar (AUD) at the start of this week’s session, climbing around half a cent ... with markets shrugging off the UK’s latest Consumer Price Index (C... read more

The Fed Is Driving Down Oil Prices

Meanwhile, the European Central Bank is heading in the other direction in an effort to keep sovereign bond yields ... But the U.S. dollar is one important variable influencing oil prices. A stronger d... read more

ASX set to open stronger as Wall St finishes little changed

The world's two largest economies are set to impose tariffs on billions of dollars ... the strength of strong earnings results. The S&P/ASX 200 index rose 60.8 points, or 1 per cent, this week to clos... read more

US stocks keep climbing; technology companies lead

Strong quarterly ... ENERGY: U.S. crude oil rose 0.6 percent to $69.44 a barrel in New York. Brent crude, the standard for international oil prices, rose 1 percent to $74.51 a barrel in London. CURREN... read more



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