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Dollar gives up gains against commodity currencies as oil recovers

The dollar erased gains and fell against the currencies of oil producers on Thursday, as a rebound in crude prices after an unprecedented collapse helped to calm markets unnerved by the massive coronavirus-led drop in global demand......»»

Category: topSource: reutersApr 23rd, 2020

Dollar up against commodity currencies but oil rebound tempers safety bid

The dollar edged higher against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets unnerved by the massive coronavirus-led drop in global demand......»»

Category: topSource: reutersApr 22nd, 2020

Dollar edges higher against oil currencies as energy markets shaken

The dollar pushed ahead against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets unnerved by the massive coronavirus-led drop in global demand......»»

Category: topSource: reutersApr 22nd, 2020

Futures Movers: U.S. oil tumbles toward biggest one-day drop in history, off more than 38% near expiration as crude’s woes continue

The May futu.....»»

Category: topSource: marketwatchApr 20th, 2020

Wall St tumbles on gloomy economic data, bank earnings

Wall Street's main indexes slid 2% on Wednesday, as a record drop in retail sales and dour first-quarter earnings reports lent weight to forecasts for the biggest economic slump since the Great Depression......»»

Category: topSource: reutersApr 15th, 2020

Valero expects billion-dollar first-quarter loss as it shutters plants

San Antonio-based refiner Valero Energy Corp. has taken steps to reduce its output in light of the drastic drop in gasoline demand, but it likely won't be enough to prevent a billion-dollar loss for the first quarter, the company reported Monday. Valero.....»»

Category: topSource: bizjournalsApr 13th, 2020

"A Multitrillion Dollar Helicopter Credit Drop": How The Fed Turned $454 Billion Into $4.5 Trillion

"A Multitrillion Dollar Helicopter Credit Drop": How The Fed Turned $454 Billion Into $4.5 Trillion Last Friday, to bip.....»»

Category: blogSource: zerohedgeMar 31st, 2020

Dollar falls during coronavirus pandemic, biggest weekly drop since 2009

The drop came as trillions of dollars in stimulus efforts helped temper a rout in global markets......»»

Category: topSource: foxnewsMar 27th, 2020

S&P Futures Soar Limit Up As Dollar Tumbles, Gold Soars

S&P Futures Soar Limit Up As Dollar Tumbles, Gold Soars With the market losing all gains since the Trump election on .....»»

Category: blogSource: zerohedgeMar 24th, 2020

Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners

The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets......»»

Category: forexSource: coindeskMar 23rd, 2020

Shell cutting operating costs, capital spending to weather oil price storm

Royal Dutch Shell, which is building a multibillion-dollar petrochemical complex in Beaver County, on Monday announced plans to cut at least $3 billion from its operating costs and drop capital spending by at least $5 billion as it and other oil and .....»»

Category: topSource: bizjournalsMar 23rd, 2020

"Race to the bottom": Stocks drop, dollar soars as coronavirus fears overpower stimulus efforts

Drew Angerer/Getty Images Stocks dropped and the US dollar soar.....»»

Category: topSource: businessinsiderMar 19th, 2020

British pound slumps, trades lowest versus U.S. dollar since 1985

The British pound fell sharply Wednesday, trading at its lowest level versus the U.S. dollar since 1985, according to FactSet data. In recent action, the pound bought $1.1632, a drop of 3.5% for the day, after trading as low as $1.1473. Analysts t.....»»

Category: topSource: marketwatchMar 18th, 2020

S&P 500 Tumbles Below Dec 2018 Lows, US Dollar Hits Record High

S&P 500 Tumbles Below Dec 2018 Lows, US Dollar Hits Record High .....»»

Category: blogSource: zerohedgeMar 18th, 2020

As China"s coronavirus outbreak eases, a wary return to shops for consumers

As shops shut their doors across Europe and the United States, in China the sharp drop in new coronavirus cases has encouraged consumers to venture back into malls and restaurants - for the most part quite gingerly but occasionally in throngs......»»

Category: topSource: reutersMar 18th, 2020

Boeing"s stock tumbles again, analyst says suspending dividend "makes sense"

Shares of Boeing Co. plunged 17% in premarket trading Wednesday, adding to the 27% drop already this week, as the aeropace giant suffers from the COVID-19 impact on the aerospace indus.....»»

Category: topSource: marketwatchMar 18th, 2020

Dollar eases, stocks slide on uncertainty over US stimulus plans

The dollar weakened and global equities markets slid again on Wednesday, with Wall Street sharply lower, as the previous day's high hopes of government stimulus to tackle the coronavirus soured on the hard reality of still little action......»»

Category: topSource: reutersMar 11th, 2020

Mid-Morning Market Update: Markets Open Higher; Dollar Tree Posts Mixed Q4 Results

Following the market opening Wednesday, the Dow traded up 2.24% to 26499.17 while the NASDAQ rose 1.78% to 8,837.91. The S&P also fell, drop.....»»

Category: earningsSource: benzingaMar 4th, 2020

Tesla"s stock tumbles toward biggest-ever weekly drop

Shares of Tesla Inc. slumped 5.6% in premarket trading Friday, adding to what is already on track to be the worst weekly performance since the electric vehicle company wen.....»»

Category: topSource: marketwatchFeb 28th, 2020

Dow Jones Industrial Average tumbles nearly 900 points after worst drop in 2 years

U.S. stocks tumbled Tuesday as investors continued to grapple with lingering concerns over the economic fallout from the c.....»»

Category: topSource: usatodayFeb 25th, 2020