The Aussie and the Canadian dollar climbed on Tuesday on firmer oil prices while the euro held below $1.06 as European Central Bank President Christine Lagarde offered no fresh insight on the central bank's policy outlook.
* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Samuel Indyk. Global shares moved into positive territory on Tuesday while oil prices firmed following China's decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities.
The rouble firmed towards 53 to the dollar on Tuesday due to capital controls and month-end taxes that offset a negative impact of Western statements that Russia has defaulted on its international bonds for the first time in more than a century.
The euro held onto its recent
gains on Tuesday ahead of European inflation figures this week
that are expected to run hot and a speech from central bank
chief Christine Lagarde, while a rally in oil ...
London copper prices slipped on Tuesday
on a firm U.S. dollar and lingering concerns that rapid interest
rate hikes would lead to a global economic slowdown, hitting
demand for metals.
London copper prices fell on Tuesday on
a firm U.S. dollar and lingering concerns that rapid interest
rate hikes would lead to a global economic slowdown, hitting
demand for metals.
Stocks on global indexes were lower on Tuesday following a drop in June U.S. consumer confidence, while oil prices gained for a third day. The euro weakened after the European Central Bank president offered no fresh insight into the central bank's policy outlook.
The dollar climbed on Tuesday and the euro held below $1.06 as European Central Bank President Christine Lagarde offered no fresh insight into the central bank's policy outlook. The ECB is widely expected to follow its global peers by raising interest rates in July to try to check soaring inflation though economists are divided on the magnitude of any rate hike.
The euro won support on
Tuesday as traders braced for European inflation figures to run
hot this week and awaited a speech from central bank chief
Christine Lagarde, while worries about a recession ...
The U.S. dollar struggled
versus its major rivals on Monday as softening inflation
expectations prompted a reassessment of the prospects for
aggressive interest rate hikes but volatile markets ...
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