Latest Currency markets News

Indy 500 drivers find crypto craze fuels needed sponsorship

May. 27, 2022 15:29 PM EDT

INDIANAPOLIS (AP) — Should he win one of auto racing’s crown jewel races, Conor Daly would gladly take the seven-figure payout awarded to the Indianapolis 500 champion and deposit traditional American cash straight in his bank. Oh, and throw in some digital dollars, too. ...

Closing prices for crude oil, gold and other commodities

May. 27, 2022 15:21 PM EDT

Benchmark U.S. crude oil for July delivery rose 98 cents to $115.07 a barrel Friday. Brent crude for July delivery rose $2.03 to $119.43 a barrel. Wholesale gasoline for June delivery rose 14 cents to $4.02 a gallon. June heating oil rose 3 cents to $4 a gallon. July natural gas fell...

Fitch Ratings warns of elections' impact on Lebanese economy

May. 27, 2022 13:47 PM EDT

BEIRUT (AP) — A leading international credit ratings agency warned Friday that the results of this month’s parliamentary elections in Lebanon make it difficult for any coalition to have a governing majority, potentially complicating implementation of reforms. Shortly after the...

Closing prices for crude oil, gold and other commodities

May. 26, 2022 15:21 PM EDT

Benchmark U.S. crude oil for July delivery rose $3.76 to $114.09 a barrel Thursday. Brent crude for July delivery rose $3.37 to $117.40 a barrel. Wholesale gasoline for June delivery rose 5 cents to $3.88 a gallon. June heating oil rose 10 cents to $3.97 a gallon. June natural gas...

Doctors, hospitals in crisis-hit Lebanon go on 2-day strike

May. 26, 2022 09:37 AM EDT

BEIRUT (AP) — Dozens of doctors, nurses and medical personnel rallied Thursday outside the Central Bank in the Lebanese capital of Beirut after declaring a two-day general strike to protest rapidly deteriorating economic conditions. The strike was declared by two medical...

Turkish central banks keeps rate at 14% despite inflation

May. 26, 2022 08:06 AM EDT

ISTANBUL (AP) — Turkey’s central bank kept its main interest rate unchanged for a fifth month running on Thursday despite an annual inflation rate of nearly 70%. The bank said it would keep its policy rate “constant” at 14%, arguing inflation was driven by geopolitical...

Asian stocks mixed after Fed confirms rate hike plans

May. 25, 2022 23:37 PM EDT

BEIJING (AP) — Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. Benchmarks in Hong Kong and Sydney declined while Tokyo, Shanghai and...

Closing prices for crude oil, gold and other commodities

May. 25, 2022 15:39 PM EDT

Benchmark U.S. crude oil for July delivery rose 56 cents to $110.33 a barrel Wednesday. Brent crude for July delivery rose 47 cents to $114.03 a barrel. Wholesale gasoline for June delivery rose 2 cents to $3.83 a gallon. June heating oil rose 9 cents to $3.87 a gallon. June natural...

Japan's weaker yen a blessing to some, burden for others

May. 24, 2022 23:59 PM EDT

TOKYO (AP) — The Japanese yen has weakened, trading in recent weeks at 20-year lows of 130 yen to the U.S. dollar just when prices of oil and other goods are surging partly due to the war in Ukraine. The yen's value against the U.S. dollar and other currencies has fallen mainly...

Asian stock markets mixed after Wall St sinks further

May. 24, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices rose more than $1 per barrel to stay above...