Oil Prices Jump 4 on US Storm and IsraelIran Fears

Hurricane Milton spurs mass fuel buying in Florida Investors remain wary of IranIsrael escalation Gulf states urge US to stop Israel from bombing Iran39;s oil sites NEW YORK, Oct 10 Reuters Oil prices jumped about 4 on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks […]
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Dollar Slips against Yen after Data Shows Labor Market Weakness, Rising Inflation

NEW YORK, Oct 10 Reuters The U.S. dollar slipped against the yen on Thursday as investors weighed data showing labor market weakness as well as a slight uptick in consumer prices, suggesting that the Federal Reserve will likely continue cutting interest rates. Labor Department data on Thursday showed that the consumer price index increased 0.2 in September. […]
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ZAR Edges Higher ahead of Local Data, US Inflation Report

JOHANNESBURG, Oct 10 Reuters South Africa39;s rand edged higher against the dollar on Thursday, ahead of local mining and manufacturing data and a U.S. inflation report. At 0727 GMT, the rand traded at 17.6275 against the dollar , 0.13 stronger than its previous close. The dollar index was steady against a basket of currencies. It […]
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Sterling Hovers near 1Month Low ahead of US Inflation Print

LONDON, Oct 10 Reuters The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as traders maintained a cautious stance and waited for potentially marketmoving U.S. inflation data due later in the day. Sterling held its ground at 1.3076, up marginally from Wednesday39;s trough of 1.3057, its lowest […]
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