The dollar slipped across the board on Thursday, falling to a 2-week low, extending its pullback from a two-decade high, as most major currencies battered by the greenback’s advance this year drew buyers.

The dollar was lower on Wednesday after economic data showed inflation remained high but was unlikely to lead the Federal Reserve to shift to a more aggressive path of monetary policy.

With the stalemate in the Russia-Ukraine conflict, the leaders of the Group of Seven (G7) and Ukrainian President Zelensky held a video teleconference on May 8 at which the G7 pledged to gradually reduce or stop imports of Russian oil. On the same day, the US and UK also announced a new round of sanctions against Russia respectively.

The dollar fell in volatile trading against a basket of currencies on Wednesday after the Federal Reserve raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years.

SHANGHAI, Apr 28 (SMM) - According to the official Weibo of the World Gold Council on April 28, the global gold market got off to a solid start in 2022.

The euro tumbled against the U.S. dollar Wednesday as investors grew increasingly concerned with energy supply and a potential recession in the region.

SHANGHAI, Apr 27 (SMM) - It was reported on Tuesday that Russia suspended the supply of petroleum and natural gas to Poland.

From January to March, industrial enterprises above national designated scale achieved a total profit of 1,955.57 billion yuan, up 8.5% year-on-year.

SHANGHAI, Apr 26 (SMM) - On April 25, the General Office of the State Council issued the Opinions on Further Unleashing Consumption Potential and Promoting Continued Recovery of Consumption.

The dollar rose to a fresh two-year high on Monday in thin and choppy trading, in line with higher U.S. Treasury yields, as investors braced for multiple half a percentage-point rate hikes from the Federal Reserve.