1st December 2016
On Wednesday, the Organization of the Petroleum Exporting Countries agreed its first oil output cut since 2008 after the Kingdom of Saudi Arabia accepted "a big hit" on its oil production and dropped its demand on arch-foe Iran to decrease output.
30th November 2016
On Tuesday, Oil prices fell as much as 3% on signs leading oil exporters in the Organization of the Petroleum Exporting Countries were struggling to agree on a deal to curb output.
29th November 2016
On Monday, the Greenback extended its losses, moving away from its highest levels since 2003 as U.S. Treasury yields eased from recent highs.
28th November 2016
On Friday, the U.S. dollar declined against a basket of major currencies as traders took advantage of a pullback in U.S. bond yields.
25th November 2016
On Thursday, Euro dropped sharply to hit fresh yearly lows at 1.0550, the lowest level since March 2015. The market turnover was affected by Thanksgiving, while USD continued to rise after a new set of strong economic data in the United States on Wednesday.