August 10, 2026

Dollar Near 2-Month Low as Investors Await Inflation Data

New york: The US dollar hovered near a two-month low against major currencies on Monday as investors awaited this week’s inflation data for clues on the Federal Reserve’s rate path. The dollar index, which tracks the currency against six major peers, …

Oil Rises on Uncertainty Over Reopening of Hormuz

Oil prices increased on monday on uncertainty over the reopening of the strait of hormuz: Brent crude futures rose 91 cents or 1.09%, to $84.46 a barrel, while US West Texas Intermediate (WTI) crude futures rose 61 cents, or 0.78% to $78.79 a barrel.

Gold Slips Amid Anticipation of US Inflation Data

Gold: Gold slipped on Monday as investors took profits after prices hit a seven-week high in the previous session, while markets awaited US inflation data for fresh clues on the Federal Reserve’s interest rate outlook. Spot gold was down 0.5% at $4,32…