August 29, 2023

Oil Slips on Demand Concerns

Oil prices fell on Tuesday on worries that further possible US interest rate hikes could pull down demand against supply concerns emanating from a hurricane hurtling towards the US gulf coast.Brent crude was 19 cents lower at $84.23 a

Dollar Steady Ahead of Busy Data Week; Yen under Pressure

The US dollar was subdued on Tuesday after a strong run as traders held off from large bets ahead of a slew of economic data this week, while the Japanese yen languished near levels that triggered intervention last year.Against

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