Latest Currency markets News

FILE - People pass the New York Stock Exchange, Thursday, July 30, 2020.  Wall Street is stalling on Friday, Aug. 7 as a whirlwind of worries about rising U.S-China tensions and whether Congress can deliver more aid for the economy threaten to halt its big run.(AP Photo/Mark Lennihan)

S&P 500 ekes out 6th straight gain following jobs report

Aug. 7, 2020 5:32 PM EDT

NEW YORK (AP) — Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S. job market, amid worries about worsening U.S.-China tensions and whether Washington can deliver more aid for the economy. The S&P 500 inched up 2.12 points, or 0.1%, to...

Closing prices for crude oil, gold and other commodities

Aug. 7, 2020 3:20 PM EDT

Benchmark U.S. crude oil for September delivery fell 73 cents to settle at $41.22 a barrel Friday. Brent crude oil for October delivery fell 69 cents to $44.40 a barrel. Wholesale gasoline for September delivery fell 2 cents $1.21 a gallon. September heating oil fell 3 cents to $1.22 a gallon. September natural...

A man sits outside an exchange office in Istanbul, Friday, Aug. 7, 2020. Turkey's currency tumbled further Friday, hitting another record low. The Turkish lira dropped to 7.3677 against the dollar before making a recovery. The lira is down about 19% versus the U.S. currency since the beginning of the year. (AP Photo/Emrah Gurel)

Turkish lira hits another historic low amid pandemic

Aug. 7, 2020 2:03 PM EDT

LONDON (AP) — Turkey's currency tumbled further Friday, hitting another record low. The Turkish lira dropped to 7.3677 against the dollar before making a recovery. The lira is down about 19% versus the U.S. currency since the beginning of the year. It was trading around 7.17 on Friday afternoon. The drop...

A currency trader smiles at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 7, 2020. Asian shares were mostly lower Friday in lackluster trading, as the region weighed continuing trade tensions over China and optimism about more fiscal stimulus for the ailing U.S. economy. (AP Photo/Ahn Young-joon)

Asian shares skid amid virus woes, China-US trade tensions

Aug. 7, 2020 12:06 AM EDT

TOKYO (AP) — Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also awaiting a U.S. report on jobs later Friday for another gauge of the economic fallout from the...

Closing prices for crude oil, gold and other commodities

Aug. 6, 2020 3:54 PM EDT

Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel. Wholesale gasoline for September delivery rose 1 cent $1.23 a gallon. September heating oil fell 1 cent to $1.25 a gallon. September natural...

FILE-In this Thursday, Aug. 16, 2018 file photo, a man walks away after changing currency at a currency exchange shop in Istanbul. Turkey's currency dropped to an all-time low against the dollar on Thursday Aug. 6, 2020, as the global recession created by the coronavirus pandemic brings to the fore weaknesses in the country's economy. (AP Photo/Lefteris Pitarakis, File)

Turkish currency hits all-time low amid market jitters

Aug. 6, 2020 11:18 AM EDT

LONDON (AP) — Turkey’s currency dropped to an all-time low against the dollar on Thursday as the global recession created by the pandemic brings to the fore weaknesses in the country's economy. The Turkish lira fell to 7.307 against the dollar, past the previous low of 7.26 in May and is down about...

A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)

Asian shares mixed as US talks on stimulus still stalled

Aug. 5, 2020 11:17 PM EDT

Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai Composite index gave...

Closing prices for crude oil, gold and other commodities

Aug. 5, 2020 3:25 PM EDT

Benchmark U.S. crude oil for September delivery rose 49 cents to settle at $42.19 a barrel Wednesday. Brent crude oil for October delivery rose 74 cents to $45.17 a barrel. Wholesale gasoline for September delivery rose 1 cent $1.22 a gallon. September heating oil was little changed at $1.26 a gallon. September...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)

Asian shares fall on jitters over US stimulus, China trade

Aug. 4, 2020 11:43 PM EDT

BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment benefits for...

Closing prices for crude oil, gold and other commodities

Aug. 4, 2020 3:21 PM EDT

Benchmark U.S. crude oil for September delivery rose 69 cents to settle at $41.70 a barrel Tuesday. Brent crude oil for October delivery rose 28 cents to $44.43 a barrel. Wholesale gasoline for September delivery was little changed at $1.21 a gallon. September heating oil rose 2 cents to $1.26 a gallon. September...