Latest Currency markets News

Wife of jailed Turkish activist says case is 'inexplicable'

Oct. 25, 2021 09:11 AM EDT

ISTANBUL (AP) — The wife of a jailed philanthropist at the center of a diplomatic crisis between Turkey and 10 Western nations described her husband’s imprisonment as inexplicable Monday. “There’s no way this situation can be explained either logically or...

Asia stocks mixed after Wall St slips, China travel curbs

Oct. 25, 2021 00:00 AM EDT

BEIJING (AP) — Asian stock markets were mixed Monday after Wall Street slipped and China tightened travel controls in some areas in response to coronavirus infections. Shanghai, Hong Kong and Sydney advanced while Tokyo declined. Wall Street’s...

Closing prices for crude oil, gold and other commodities

Oct. 22, 2021 15:28 PM EDT

Benchmark U.S. crude oil for December delivery rose $1.26 to $83.76 a barrel Friday. Brent crude oil for December delivery rose 92 cents to $85.53 a barrel. Wholesale gasoline for November delivery was unchanged at $2.48 a gallon. November heating oil fell 1 cent to $2.54...

Turkish lira continues to slide after interest rate cut

Oct. 22, 2021 07:16 AM EDT

ANKARA, Turkey (AP) — The Turkish lira continued to slide and reached a record low against the U.S. dollar Friday, a day after the Central Bank sharply cut interest rates. It was another hit after a global financial watchdog placed Turkey on a list of countries to monitor for money...

Closing prices for crude oil, gold and other commodities

Oct. 21, 2021 15:43 PM EDT

Benchmark U.S. crude oil for December delivery fell $1.37 to $82.50 a barrel Thursday. Brent crude oil for December delivery fell $1.21 to $84.61 a barrel. Wholesale gasoline for November delivery fell 3 cents to $2.48 a gallon. November heating oil fell 4 cents to $2.55...

Turkish lira drops to new low after harsh interest rate cut

Oct. 21, 2021 10:38 AM EDT

ISTANBUL (AP) — The Turkish lira plunged to a record low against the U.S. dollar Thursday after a harsher-than-expected cut in interest rates. The decision by the Central Bank’s monetary committee to cut the rate from 18% to 16% surprised analysts. The lira dropped to...

Asian shares mixed after Evergrande sale deal called off

Oct. 20, 2021 23:59 PM EDT

Shares are mixed in Asia after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through. Shares slipped in Hong Kong and Tokyo but rose in most other regional markets. China...

Bitcoin tops $66,000, sets record as crypto goes mainstream

Oct. 20, 2021 16:29 PM EDT

NEW YORK (AP) — Bitcoin stormed above $66,000 for the first time on Wednesday, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency's rise. One Bitcoin was valued at $66,096, as of 4:15 p.m. Eastern time,...

Closing prices for crude oil, gold and other commodities

Oct. 20, 2021 15:29 PM EDT

Benchmark U.S. crude oil for November delivery rose 91 cents to $83.87 a barrel Wednesday. Brent crude oil for December delivery rose 74 cents to $85.82 a barrel. Wholesale gasoline for November delivery rose 3 cents to $2.51 a gallon. November heating oil rose 3 cents to...

Closing prices for crude oil, gold and other commodities

Oct. 19, 2021 15:29 PM EDT

Benchmark U.S. crude oil for November delivery rose 52 cents to $82.96 a barrel Tuesday. Brent crude oil for December delivery rose 75 cents to $85.08 a barrel. Wholesale gasoline for November delivery fell 1 cent to $2.48 a gallon. November heating oil rose 1 cent to...