The dollar resumed its climb against currencies of oil producers on Tuesday, as investors remained skittish after a historic plunge in U.S. crude futures to below zero and shied away from risk even as the benchmark bounced back.
FILE PHOTO: Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic
U.S. crude oil futures plunged into negative territory for the first time ever on Monday, dragged by a supply glut and sagging demand due to the coronavirus pandemic, though they managed to scrape back into positive territory early Tuesday. “If share prices have a pullback, the dollar could see some gains as a safe haven. The only thing that’s capping the dollar is the Federal Reserve has done more quantitative easing than anyone else.”
The May contract expires on Tuesday. The more actively traded June contract CLc2 was up 7% at $21.86 a barrel. [O/R]
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Coronavirus cases in North Korea have been confirmed for the first timeEarlier this month, the WHO confirmed it had been receiving 'weekly updates' from North Korea's health ministry.
Consulte Mais informação »
North Korea denies that Kim sent Trump 'a nice note'North Korea's Foreign Ministry said it would examine why Trump released 'the ungrounded story' to the media.
Consulte Mais informação »
North Korea denies that Kim sent Trump 'a nice note'North Korea on Sunday dismissed as “ungrounded” President Donald Trump’s comment that he recently received “a nice note” from the North&39;s leader, Kim Jong Un. Trump also defended now-stalled nuclear diplomacy with Kim, saying the U.S. would have been at war with North Korea if he had not been elected
Consulte Mais informação »
U.S. fast tracks humanitarian aid to help North Korea fight coronavirus'The United States has expeditiously facilitated the approval of assistance from U.S. and international aid and health organizations to counter and contain the spread of coronavirus in the DPRK,' a State Department spokesperson told Newsweek.
Consulte Mais informação »
Kim Jong Un reported to have undergone heart surgery as coronavirus strikes North KoreaReports say Un's health conditions were made worse by obesity, stress and heavy smoking.
Consulte Mais informação »