IBT Staff Reporter

14161-14190 (out of 154954)

Hawkish RBA Boosts Aussie, Sanction Worries Weigh On Euro

The Australian dollar jumped to a nine-month high on Tuesday after the country's central bank signalled higher interest rates were closer, while the euro languished near a one-week low, weighed down by the prospect of new sanctions against Russia.

Commodity Currencies Gain, Led By Aussie Dollar; Euro Falls

Commodity currencies rallied in choppy trading on Tuesday led by the Australian dollar, boosted by the prospect of policy tightening by the Reserve Bank of Australia (RBA), while the euro fell on French election worries and the likelihood of more sanctions on Russia over Ukraine.

Oil Climbs On Prospect Of Fresh Russia Sanctions

Oil futures extended gains on Tuesday as the United States and Europe planned new sanctions to punish Moscow over alleged war crimes by Russian troops in Ukraine, adding to concerns about supply disruptions, while Iran nuclear talks stalled.

Oil Extends Rally On Prospect Of Fresh Russia Sanctions

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war crimes in Ukraine, raising concerns of tighter global supply, while Iran's nuclear talks with world powers stalled.

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