Month: August 2026

Dollar Struggles for Traction Against Major Peers

Hong kong: The US dollar struggled to hold onto gains against major peers on Tuesday. The euro was a shade higher at $1.1668, hovering near a three-month peak hit last week, while sterling was 0.1 percent stronger at $1.3639, near its six-month peak.

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Oil Prices Steady; Brent at $92.16 pb

Oil prices steadied on tuesday: after falling more than 2 percent in the previous session. Brent crude futures were down 9 cents, or 0.1 percent, at $92.16 by 0104 GMT, while US West Texas Intermediate crude was up 1 cent at $85.02 per barrel (pb).

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