Americas Forex - Markets - Business Recorder

Forex

Australia, NZ dollars give ground, RBA sticks to patient stance

SYDNEY: The Australian and New Zealand dollars surrendered some ground on Wednesday amid concerns booming commodity...

Published 09 Mar, 2022 09:54am

Forex

Dollar dips from 16-month peak as traders assess rally

NEW YORK: The dollar edged back from a 16-month high on Thursday as traders assessed whether the U.S. currency's...

Published 18 Nov, 2021 09:34pm

Financial

Speculators lift short dollar bets to $8.60bn, CFTC data

 The net short dollar position was $8.60 billion for the week ended May 26, compared with a net short position of $7

Published 29 May, 2020 07:57pm

Financial

Dollar chains report surge in sales on coronavirus-driven demand

 Dollar General, which reported its biggest rise in quarterly sales in at least 14 years on Thursday, said demand in

Published 28 May, 2020 03:07pm

Financial

Dollar steadies against euro; yuan slips on US-China tensions

 The euro was about flat against the dollar at $1.0979, after rising as high as $1.10315, its strongest since April

Published 27 May, 2020 04:02pm

Financial

C$ climbs to 2-1/2-month high as EU recovery plan cheers investors

 The price of oil, one of Canada's major exports, fell after US President Donald Trump said he was working on a stro

Published 27 May, 2020 03:08pm

Financial

Canadian dollar slides as U.S.-China tensions weigh on oil prices

The Canadian dollar was trading 0.5pc lower at 1.4025 to the greenback, or 71.30 U.S. cents. The currency, whi

Published 22 May, 2020 03:50pm

Financial

Canadian dollar clings to this week's gains as oil rallies

Canadian government bond yields were mixed across a flatter yield curve, with the 10-year falling 1.7 basis points

Published 21 May, 2020 03:17pm

Financial

Canadian dollar climbs as investors bet on economic recovery

Canadian dollar rises 0.4% against the greenback Canada's annual inflation rate fell by 0.2% in April Pri

Published 20 May, 2020 09:04pm

Financial

Dollar weakens as euro climbs on EU common fund proposal

The euro also found strength from survey data on Tuesday that showed German investor sentiment improved much more t

Published 20 May, 2020 08:47pm

Financial

Mexican peso jumps 1pc as economy reopens; Latam stocks falter

Mexico's coronavirus death toll has crossed 5,300, with 51,633 known cases. The Mexican peso could continue t

Published 19 May, 2020 04:47pm

Financial

Dollar weak as euro rises on Franco-German proposal for recovery fund

Encouraging results from the trial of a vaccine for COVID-19 reduced demand for safe havens and the greenback rose

Published 19 May, 2020 04:36pm

Financial

Argentine peso risk rises as crises spark black market rush for dollars

The currency is at around 67 per dollar, with tight controls limiting how much Argentines can convert to foreign cu

Published 08 May, 2020 12:57pm

Financial

Dollar struggles as US China trade progress boosts higher-risk FX

US dollar clipped by falling bond yields Aussie gains to one-week high with lockdown easing Investors cli

Published 08 May, 2020 12:52pm

Financial

Dollar flat in thin trade with Europe on holiday

The dollar index, which measures the greenback against a basket of six rival currencies, was up 0.04pc. Howeve

Published 13 Apr, 2020 03:53pm

Financial

Canadian dollar weakens as coronavirus weighs on housing data

The value of Canadian building permits has likely fallen 23.2pc year-over-year in March, Statistics Canada said in

Published 08 Apr, 2020 03:25pm

Financial

Canadian dollar climbs to 11-day high amid coronavirus optimism

Canada runs a current account deficit and is a major producer of commodities, including oil, so the loonie tends to

Published 07 Apr, 2020 03:38pm

Financial

Yen weakens, Aussie outperforms as risk sentiment improves

The dollar gained 0.54pc against the Japanese currency to 109.04 yen. The euro, however, was subdued before eu

Published 06 Apr, 2020 04:31pm

Financial

Loonie extends first-quarter decline as virus fears weigh

Canada runs a current account deficit and is a major exporter of commodities, including oil, so the loonie tends to

Published 01 Apr, 2020 02:46pm

Financial

Canadian dollar weakens over 1pc as oil prices slide

The Canadian dollar was trading 1.2pc lower at 1.4154 to the greenback, or 70.65 US cents. The currency, which

Published 30 Mar, 2020 01:38pm

Financial

Loonie pulls back from 10-day high as investor sentiment sours

The Canadian dollar was trading 0.7pc lower at 1.4123 to the greenback, or 70.81 US cents. The currency touche

Published 27 Mar, 2020 04:12pm

Financial

Dollar gives up losses as coronavirus spreads across US

The virus spread beyond the hot spots of New York, California and Washington state as Louisiana and Iowa were decla

Published 25 Mar, 2020 03:06pm

Financial

Mexico's peso currency deepens losses to hit new historic low

Trading on Monday marks the 16th straight session that the currency has weakened. Over that time, the peso has been

Published 23 Mar, 2020 04:04pm

Financial

Canadian dollar rises as Fed takes steps to support credit

The Canadian dollar was trading 0.3pc higher at 1.4381 to the greenback, or 69.54 US cents. The currency, whic

Published 23 Mar, 2020 01:56pm

Financial

Dollar bounces from early lows as equity selloff resumes

The dollar initially rose against the euro to the strongest since April 2017 but then pared gains to trade 0.4pc lo

Published 23 Mar, 2020 11:21am

Financial

Argentine peso, inoculated by controls, outperforms amid pandemic

The currency, which lost around three-quarters of its value against the dollar in 2018, and 2019, combined, has edg

Published 20 Mar, 2020 12:32pm

Financial

US dollar falls as Fed rate cut expectations rise

The dollar rose last week to its highest level in years as the virus spread further around the world, with investor

Published 25 Feb, 2020 06:34pm

Financial

Canadian dollar climbs to one-week high as virus fears ebb

The Canadian dollar was trading 0.2pc higher at 1.3263 to the greenback, or 75.40 U.S. cents. The currency tou

Published 12 Feb, 2020 02:05pm

Financial

Dollar climbs to four-month peak after robust US jobs data

US non-farm payrolls show 225,000 job gains, Euro hurt by poor German data, worst week since November Coronavi

Published 07 Feb, 2020 08:45pm

Financial

Canadian dollar steadies near 2-month low as China adds liquidity

The Canadian dollar was trading 0.1pc higher at 1.3279 to the greenback, or 75.31 U.S. cents. The currency, wh

Published 04 Feb, 2020 02:54pm

Financial

Loonie extends monthly decline to 1.7pc as virus fears weigh

The Canadian dollar was trading 0.1pc lower at 1.3221 to the greenback, or 75.64 U.S. cents. The loonie was do

Published 31 Jan, 2020 04:14pm

Financial

C$ strengthens ahead of Bank of Canada interest rate decision

The data could support a view that the domestic economy slowed in the fourth quarter. The Canadian dollar was

Published 22 Jan, 2020 02:45pm

Financial

Canadian dollar dips against greenback ahead of trade pact

Canadian dollar dips 0.1% against the greenback, Loonie trades in a range of 1.3051 to 1.3080 Price of US oil

Published 14 Jan, 2020 02:28pm

Financial

Loonie clings to 2019 gains as Chinese stimulus boosts stocks

Canadian dollar was nearly unchanged against the greenback Loonie trades in a range of 1.2969 to 1.3008 P

Published 02 Jan, 2020 02:58pm

Financial

Dollar retreats as risk appetite returns at year-end

The US dollar weakened across the board on Friday as optimism about the outlook for a US-China trade. Traders

Published 27 Dec, 2019 11:15pm

Financial

Dollar unhurt by Trump impeachment; Swedish crown gains

The Norwegian crown was up 0.2pc versus the euro, before the Norges Bank monetary policy decision due at 9.00 GMT.

Published 19 Dec, 2019 10:15am

Financial

Dollar ticks up, pounds falls from 1-1/2 year high

Britain on Tuesday set a hard deadline of December 2020, to reach a new trade deal with the EU. The euro rose

Published 17 Dec, 2019 04:16pm

Financial

Dollar falls 0.6pc on U.S.-China deal reports

The U.S.-China trade war looked set to de-escalate after U.S. sources said Washington had set out its terms for a t

Published 13 Dec, 2019 01:33pm

Financial

Dollar rises as U.S.-China relations worsen over Hong Kong and tariffs

The Norwegian crown was down 0.9pc versus the dollar and 0.7pc versus the euro. The Swedish crown tracked thes

Published 20 Nov, 2019 01:36pm

Financial

Dollar falls against yen, Swiss franc on new trade concerns

The US dollar fell against the Japanese yen and the Swiss franc, traditional safe-haven investments. Investors

Published 13 Nov, 2019 11:23pm

Financial

Chilean peso drops to historic low amid weeks-long crisis

Chile's currency dropped more than three percent on Tuesday to a record low of 784 pesos to the dollar. The de

Published 12 Nov, 2019 09:47pm

Financial

US dollar lower on mixed trade signals

The US dollar was broadly lower on Monday after President Donald Trump said over the weekend. Trump on Saturda

Published 11 Nov, 2019 09:07pm

Financial

Dollar slips as investors await US-China trade outcome

The dollar fell against the Japanese yen and drifted lower versus other currencies on Wednesday. A senior offi

Published 06 Nov, 2019 10:46pm

Financial

Dollar gains as investors book profits on short positions

The dollar rose on Monday, after five straight days of losses, with investors more guarded despite increased risk.

Published 04 Nov, 2019 09:14pm

Financial

C$ sticks to narrow range as investors weigh trade optimism

Canada is a major exporter of commodities, so its economy could benefit from an improved outlook for global trade.

Published 04 Nov, 2019 04:35pm

Financial

Latam markets steady as trade hopes grow

The Mexican peso was steady, while the Chilean peso rebounded after steep two weeks of declines as prices of copper

Published 04 Nov, 2019 04:30pm

Financial

C$ pares weekly decline as trade optimism boosts oil prices

US crude oil futures settled 3.7% higher at $56.20 a barrel. The Canadian dollar edged higher against its US c

Published 01 Nov, 2019 08:58pm

Financial

C$ clings to monthly gain as sell-off on dovish BoC runs its course

The Canadian dollar was little changed against its broadly weaker US counterpart on Thursday. For the month, t

Published 31 Oct, 2019 10:00pm

Financial

Pound recovers with UK set for general election

Chris Low of FTN Financial told AFP a "sleepy day" was not unusual on the eve of a Fed announcement. Wall Stre

Published 29 Oct, 2019 10:23pm

Financial

Dollar dips on trade optimism, before Fed meeting

Positive trade headlines continue to support our view that trade tensions are easing The dollar index against

Published 28 Oct, 2019 03:56pm

Financial

Loonie adds to recent gains as bullish bets reach 20-month high

Canadian dollar rises 0.1% against the greenback, Loonie touches its strongest since July 22 at 1.3050 Price o

Published 28 Oct, 2019 03:51pm

Financial

Pound lower against dollar after call for UK election

The dollar index benefited from the move in sterling, last up 0.16pc against a basket of rival currencies at 97.65.

Published 24 Oct, 2019 08:57pm

Financial

Loonie holds near 3-month high as investors bet on rate divergence

Canadian government bond prices were lower across the yield curve. The Fed is expected to cut interest rates n

Published 24 Oct, 2019 08:46pm

Financial

Loonie nears 3-month high as investors eye further rate divergence

Canadian Liberal Prime Minister Justin Trudeau said a middle-class tax cut would be the first order of business for

Published 23 Oct, 2019 09:02pm

Financial

Pound, euro stabilize against dollar as EU weighs Brexit delay

The Japanese yen was last 0.18pc lower at 108.65 per dollar, with the Swiss franc at 0.990 per dollar. Johnson

Published 23 Oct, 2019 08:51pm

Financial

Canadian dollar steadies as oil prices, wholesale trade fall

Canadian dollar trades near flat against the greenback, Canadian wholesale trade declines 1.2% in August Pric

Published 23 Oct, 2019 02:57pm

Financial

Pound falls against dollar, euro after Brexit delay

The British pound fell on Tuesday against the euro and dollar after UK lawmakers rejected the government's proposed

Published 22 Oct, 2019 11:09pm

Financial

Mexico peso headed for choppy waters on back of trade uncertainty

The Mexican central bank's most recent poll of analysts underscores the uncertainty surrounding the peso. The

Published 22 Oct, 2019 07:40pm

Financial

Dollar skids as Brexit optimism lifts pound and euro

Against the dollar, sterling was last up 0.1% in North American trade, having earlier broken above $1.30 for the fi

Published 21 Oct, 2019 04:33pm

Financial

Loonie at 3-month high as Canadians vote in general election

Canadian dollar trades slightly firmer vs US dollar Easing of US-China trade tensions supports CAD T

Published 21 Oct, 2019 02:11pm

Financial

Dollar weakens on Brexit, shares sapped by weaker China growth

China data, investor caution before Brexit vote, hits markets China GDP grows 6.0% in third quarter, near thre

Published 18 Oct, 2019 08:26pm

Financial

C$ climbs to 5-week high as investors cheer Brexit deal

Canadian government bond prices were lower across the yield curve in sympathy with U.S. Treasuries. U.S. crude

Published 17 Oct, 2019 03:21pm

Financial

Dollar slips as data disappoints; sterling rises

Weak US retail sales cast gloom over economy Norwegian crown dips vs dollar Sterling rides roller coaster

Published 16 Oct, 2019 07:43pm

Financial

Canadian dollar dips as inflation falls short of expectations

Canada's annual inflation rate held steady at 1.9pc in September, falling short of the 2.1pc rate that analysts had

Published 16 Oct, 2019 03:31pm

Financial

Dollar dented as data disappoints; sterling soars

The dollar index, which measures the US currency against six major currencies, was down 0.1pc at 98.188. The d

Published 16 Oct, 2019 03:25pm

Financial

Speculators increase long dollar bets to 15-week high

The value of the net long dollar position was $18.78 billion in the week ended Oct. 1. The net long dollar pos

Published 11 Oct, 2019 08:07pm

Financial

C$ notches 1-month high as jobs gain cements steady rate outlook

The Canadian economy added 53,700 jobs in September, the second straight month of robust jobs gains. The centr

Published 11 Oct, 2019 02:42pm

Financial

Loonie recovers from one-week low as investors eye trade talks

Canadian government bond prices were lower across a steeper yield curve after U.S. data showed that consumer prices

Published 10 Oct, 2019 01:23pm

Financial

Dollar rises vs. yen on trade deal hopes

The dollar index, which measures the greenback against a basket of other currencies, was about flat on the day.

Published 09 Oct, 2019 07:39pm

Financial

Loonie weakens as global growth fears grip investors

Canadian dollar weakens 0.1% against greenback, Canadian housing starts fall 2.5% in September Price of US oi

Published 08 Oct, 2019 08:20pm

Financial

Canadian dollar weakens after lackluster retail sales gain

The US dollar rose against a basket of major currencies after investors cut back short positions in the greenback a

Published 20 Sep, 2019 01:59pm

Financial

Dollar falls as some central banks outside US hold rates steady

Sterling rallied in late US trading following comments from European Commission President Jean-Claude Juncker.

Published 19 Sep, 2019 10:37pm

Financial

Brazil's real and rate futures tumble as markets adjust to dovish central bank

Brazil's currency and market-based interest rates fell sharply on Thursday. In highly liquid trading - with ra

Published 19 Sep, 2019 10:29pm

Financial

Brazil currency and rates tumble, stocks jump on dovish central bank

Benchmark Selic rate by 50 basis points to 5.50%, highlighting tame domestic inflation and an increasingly uncertai

Published 19 Sep, 2019 02:02pm

Financial

Mexican peso, real up as Saudi output seen rebounding

The Brazilian real traded up 0.07pc at 4.0765 per dollar, while Mexico's peso strengthened by as much as 0.47pc to

Published 17 Sep, 2019 09:52pm

Financial

Loonie recovers from 2-week low as Fed calms funding market

The data suggested that Canada's economy has not been able to escape headwinds to global trade. Still, the cen

Published 17 Sep, 2019 09:39pm

Financial

Loonie rises after attack on Saudi oil facilities

Canadian dollar rises 0.3% against the greenback Price of US oil rallies 9.7% Canadian homes sales rise 1

Published 16 Sep, 2019 03:58pm

Financial

Dollar index slips on mixed US August payrolls data

NEW YORK: The dollar turned slightly lower against a basket of currencies on Friday as the government said US employ

Published 06 Sep, 2019 01:09pm

Financial

Yen slips as global tensions abate, pound gains

NEW YORK: The yen fell on Thursday as global tensions including the US-China trade conflict showed signs of thawing, bol

Published 05 Sep, 2019 07:17pm

Financial

Dollar index holds losses after ADP US August jobs data

NEW YORK: The dollar held its earlier losses versus a basket of currencies on Thursday as payroll processor ADP said

Published 05 Sep, 2019 01:40pm

Financial

Dollar, yen fall as global tensions ease, pound rallies

NEW YORK: The safe-haven dollar and yen fell on Wednesday after global political worries eased with what markets perceiv

Published 04 Sep, 2019 11:01pm

Financial

Loonie rallies as investors dial back October rate cut bets

TORONTO: The Canadian dollar strengthened against the greenback on Wednesday as expectations fell for a Bank of Canada i

Published 04 Sep, 2019 08:58pm

Financial

Pound rebounds as Johnson suffers big parliamentary defeat

NEW YORK: The British pound hit multi-year lows against the dollar on Tuesday amid fears of a no-deal Brexit but rebound

Published 03 Sep, 2019 10:45pm

Financial

Dollar flat as poor US factory data offset trade, Brexit worries

NEW YORK: The dollar was little changed on Tuesday against a basket of currencies, underpinned by safe-haven demand on w

Published 03 Sep, 2019 07:39pm

Financial

Argentine peso steadies on capital controls, broader Latam hit

The Argentine peso steadied and the Merval stock index jumped on Monday as the country imposed capital controls to stem

Published 02 Sep, 2019 08:09pm

Financial

Argentine peso logs worst month in history, Latam stocks rise

Argentina's peso slumped on Friday, underperforming the broader Latin American markets and recording its worst monthly p

Published 30 Aug, 2019 10:40pm

Financial

Dollar stable with eased trade tensions

NEW YORK: The US dollar was modestly higher on Thursday as news Washington and Beijing were discussing negotiations in S

Published 29 Aug, 2019 08:38pm

Financial

Peso falls further as Argentina readies IMF debt restructure

BUENOS AIRES: Argentina's beleaguered currency continued its freefall Thursday, after the government asked the Internati

Published 29 Aug, 2019 07:55pm

Financial

C$ firms as current account deficit hits narrowest in 11 years

TORONTO: The Canadian dollar edged higher against its US counterpart on Thursday as oil prices rose and data showed

Published 29 Aug, 2019 03:14pm

Financial

Pound dives on increased no-deal Brexit prospect

NEW YORK: The pound fell against the dollar and euro on Wednesday as Britain's government moved to extend the suspension

Published 28 Aug, 2019 09:43pm

Financial

As Argentine peso weakens again, central bank sells $367 million in own reserves

BUENOS AIRES: Argentina's peso was battered on Wednesday as the central bank sold $367 million of its dollar reserves in

Published 28 Aug, 2019 07:49pm

Financial

C$ dips amid Brexit uncertainty, US recession fears

TORONTO: The Canadian dollar edged lower against its US counterpart on Wednesday, extending its pullback from a near

Published 28 Aug, 2019 02:30pm

Financial

Latam FX subdued as trade uncertainty persists; stocks gain

Most Latin American currencies moved little against the dollar on Tuesday as investors remained on edge after a rece

Published 27 Aug, 2019 04:39pm

Financial

Dollar firms as US, China throttle back trade tensions

NEW YORK: The US dollar strengthened on Monday morning, recovering from overnight losses after the United States and

Published 26 Aug, 2019 07:30pm

Financial

C$ edges higher against greenback, holds in recent range

NEW YORK: The Canadian dollar edged higher against the greenback on Monday as risk sentiment improved, but held in the m

Published 26 Aug, 2019 07:28pm

Financial

Dollar firms as US, China throttle back trade tensions

NEW YORK: The US dollar strengthened on Monday morning, recovering from overnight losses after the United States and

Published 26 Aug, 2019 03:18pm

Financial

C$ trims earlier gains as the greenback rallies on Fed minutes

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, recovering from a two-month low it hi

Published 21 Aug, 2019 10:31pm

Financial

Dollar rises vs yen, Swiss franc as risk appetite grows

NEW YORK: The dollar advanced against the safe-haven yen and Swiss Franc on Wednesday, as risk appetite increased with g

Published 21 Aug, 2019 07:56pm

Financial

Dollar weakens as US yields resume slide

NEW YORK: The dollar declined on Tuesday, in line with the drop in Treasury yields, as investors braced for a potentiall

Published 20 Aug, 2019 09:57pm

Financial

C$ rebounds from a 2-month low ahead of economic data

TORONTO: The Canadian dollar edged higher against its US counterpart on Tuesday, recovering from a two-month low it touc

Published 20 Aug, 2019 09:51pm

Financial

Argentina in red again, lagging steady Latam markets

Most Latin American currencies edged higher on Tuesday as investors speculated the path of US interest rates amid gr

Published 20 Aug, 2019 04:17pm

Financial

Dollar falls vs yen, Swiss franc as US yields slide again

NEW YORK: The dollar fell against major currencies on Tuesday, in line with the drop in Treasury yields, as investor

Published 20 Aug, 2019 03:28pm

Financial

Loonie hits a 2-month low as oil prices, risk appetite fall

TORONTO: The Canadian dollar weakened to a two-month low against its US counterpart on Tuesday as investor appetite

Published 20 Aug, 2019 03:14pm

Financial

Yen, Swiss franc fall on hopes of global stimulus measures

NEW YORK: The safe-haven yen and Swiss franc retreated against the dollar on Monday, as risk sentiment improved afte

Published 19 Aug, 2019 09:55pm

Financial

Dollar flat on soft consumer sentiment, possible German stimulus

NEW YORK: The dollar ended roughly flat on Friday, retracing the morning's move higher, after worries tied to trade

Published 16 Aug, 2019 10:16pm

Financial

C$ trims this week's decline as investors buy stocks

TORONTO: The Canadian dollar strengthened against its US counterpart on Friday, with the currency rebounding from an

Published 16 Aug, 2019 10:11pm

Financial

Argentine peso halts slide, closes up more than 4pc

BUENOS AIRES: Argentina's peso halted its slide Thursday, closing up more than four percent following three days of

Published 15 Aug, 2019 09:35pm

Financial

Argentine peso ends the day down 7.14pc at 60.2 pesos/dollar

BUENOS AIRES: The Argentine peso , buffeted by a sharp sell-off after a shock primary election result, closed on Wed

Published 14 Aug, 2019 10:55pm

Financial

Yen, dollar higher as safe-havens benefit from recession fears

NEW YORK: The Japanese yen and US dollar index were higher on Wednesday after the US Treasury bond yield curve inver

Published 14 Aug, 2019 10:51pm

Financial

C$ falls the most since March on global growth worries

TORONTO: The Canadian dollar weakened by the most in more than five months against its US counterpart on Wednesday a

Published 14 Aug, 2019 10:34pm

Financial

Recession fears plague Latam markets, Argentina peso slides further

Latin American markets were no exception to a slump across markets on Wednesday on rising fears of a looming recessi

Published 14 Aug, 2019 10:12pm

Financial

Argentine peso opens weaker after Macri announces tax cuts, subsidy boost

BUENOS AIRES: Argentina's peso weakened at the open on Wednesday after President Mauricio Macri said he would cut income

Published 14 Aug, 2019 04:47pm

Financial

C$ hits 1-week low as investors fret about global growth outlook

TORONTO: The Canadian dollar weakened to a one-week low against its US counterpart on Wednesday as oil prices dropped an

Published 14 Aug, 2019 03:49pm

Financial

Yen, Swiss franc advance on trade fears, bleak global data

NEW YORK: The yen and Swiss franc gained on Friday as investors sought safe-haven currencies due to US-China trade w

Published 09 Aug, 2019 08:08pm

Financial

Latam FX, stocks down; Argentine stocks surge ahead of primary vote

Most Latin American currencies were set to end a tumultuous week on a soft note on Friday as worries about the US-Ch

Published 09 Aug, 2019 08:02pm

Financial

Loonie firms as risk appetite recovers on stronger yuan

TORONTO: The Canadian dollar strengthened against its US counterpart on Thursday, recovering from a seven-week low i

Published 08 Aug, 2019 10:03pm

Financial

Trump flirts with currency war in escalating conflict with China

WASHINGTON: President Donald Trump on Thursday took a step closer to sparking a currency war in the escalating confl

Published 08 Aug, 2019 08:55pm

Financial

Dollar, yuan stronger as risk sentiment improves

NEW YORK: The dollar index edged higher on Thursday and China's currency strengthened after the Chinese central bank

Published 08 Aug, 2019 07:58pm

Financial

US money market assets rise to highest since 2009: iMoneyNet

NEW YORK: US money market fund assets jumped to their highest level since 2009 as investors unnerved by the rapid de

Published 07 Aug, 2019 08:21pm

Financial

Latam FX weaken as growth worries grip

Latin American currencies slid on Wednesday as investors sought safety in US government debt and gold on fears that

Published 07 Aug, 2019 08:04pm

Financial

C$ weakens amid falling oil prices, rising trade concerns

TORONTO: The Canadian dollar extended its losses, falling to a near seven-week low against its US counterpart on Wed

Published 07 Aug, 2019 08:01pm

Financial

Latam FX recover from tumble as China eases currency war fears

Latin American currencies made a strong comeback on Tuesday after days of losses as some fears of a worsening in tra

Published 06 Aug, 2019 09:48pm

Financial

Chinese yuan rises as currency market stabilizes; US dollar climbs

NEW YORK: The Chinese yuan strengthened and demand for safe-haven currencies like the Japanese yen and Swiss franc e

Published 06 Aug, 2019 09:47pm

Financial

C$ hits a 7-week low on rising global trade concerns

TORONTO: The Canadian dollar weakened to a near seven-week low against its US counterpart on Tuesday as investors wo

Published 06 Aug, 2019 09:43pm

Financial

China's yuan drops below 7 per dollar as trade war escalates

NEW YORK: China let its yuan weaken below 7 to the dollar on Monday, an 11-year low, adding to broad risk aversion o

Published 05 Aug, 2019 07:38pm

Financial

Argentina peso weakens 1.8pc on election and global trade jitters

BUENOS AIRES: Argentina's peso fell 1.8% on Monday to 45.49 per US dollar due to uncertainty over the country's pres

Published 05 Aug, 2019 07:36pm

Financial

Yuan drops below 7 per dollar as trade war escalates

NEW YORK: China let its yuan weaken below 7 to the dollar on Monday, an 11-year low, leading to broad risk aversion on c

Published 05 Aug, 2019 04:10pm

Financial

Dollar weakens after US jobs data reported as forecast

NEW YORK: The dollar weakened against the Japanese yen on Friday morning to a seven-month low after US employment gr

Published 02 Aug, 2019 04:03pm

Financial

C$ hits a 6-week low on trade tensions, lower exports

TORONTO: The Canadian dollar weakened to a six-week low against its US counterpart on Friday after domestic data showed

Published 02 Aug, 2019 03:58pm

Financial

Dollar LIBOR posts steepest one-day drop in a decade

NEW YORK: The interest rate that banks charge each other to borrow dollars for three months posted its biggest daily fal

Published 02 Aug, 2019 01:49pm

Financial

Dollar falls against yen after Trump whacks China with more tariffs

NEW YORK: The US dollar fell against the Japanese yen on Thursday afternoon after President Donald Trump said he wou

Published 01 Aug, 2019 08:49pm

Financial

Latam markets slide as Trump hits China with new tariffs

Latin American currencies and stocks tumbled on Thursday after US President Donald Trump said he would impose additi

Published 01 Aug, 2019 08:24pm

Financial

Dollar dazzles after US rate cut but stocks blindsided

LONDON: The dollar pushed higher on Thursday following the US Federal Reserve's first rate cut in more than a decade, bu

Published 01 Aug, 2019 10:37am

Financial

C$ hits a five-week low on hawkish Fed comments

TORONTO: The Canadian dollar weakened to a more-than five-week low against the greenback on Wednesday, as comments b

Published 31 Jul, 2019 10:16pm

Financial

Dollar jumps, stocks fall after Fed rate outlook; pound stalls

NEW YORK: The dollar index hit a more than 2-year high and stocks tumbled after Federal Reserve Chairman Jerome Powe

Published 31 Jul, 2019 10:02pm

Financial

Canadian dollar gains on better-than-expected GDP growth

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, ahead of a Federal Reserve intere

Published 31 Jul, 2019 08:41pm

Financial

Dollar at two-year high after Fed cuts rates as expected

NEW YORK: The US dollar rose as high as $1.063 against the euro on Wednesday, its strongest level since May 2017, af

Published 31 Jul, 2019 07:09pm

Financial

Traders on tenterhooks ahead of Fed verdict; pound rebounds

NEW YORK: The dollar index was flat on Wednesday while the pound bounced back from a 'no-deal Brexit' slump, with oil up

Published 31 Jul, 2019 03:24pm

Financial

Dollar on hold as market braces for Fed policy shift

NEW YORK: The dollar was virtually flat on Wednesday morning ahead of what is widely expected to be the Federal Reserve'

Published 31 Jul, 2019 02:51pm

Financial

Canadian dollar gains on better-than-expected GDP growth

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, ahead of a Federal Reserve interest r

Published 31 Jul, 2019 02:50pm

Financial

Dollar eases off 2-month high as bets on big Fed rate cut fade

LONDON: The dollar hovered just off two-month highs on Wednesday as robust US data all but eliminated chances the Fed wi

Published 31 Jul, 2019 01:36pm

Financial

C$ steadies ahead of the expected Fed rate cut

TORONTO: The Canadian dollar was little changed on Tuesday against its US counterpart, trading in a narrow range, as

Published 30 Jul, 2019 09:35pm

Financial

Dollar stalls ahead of Fed meeting as rate move eyed

NEW YORK: The dollar hovered in a narrow range on Tuesday, a day before the conclusion of a US Federal Reserve meeti

Published 30 Jul, 2019 07:26pm

Financial

C$ ends six-day losing streak ahead of Fed rate decision

TORONTO: The Canadian dollar edged slightly higher against its US counterpart on Monday, with the currency on track

Published 29 Jul, 2019 09:01pm

Financial

Latam currencies ease ahead of Fed meet; stocks edge higher

Latin American currencies fell on Monday and most regional stock indexes crept higher, as the US dollar strengthened

Published 29 Jul, 2019 08:57pm

Financial

Sterling slumps on 'no-deal Brexit' worries; stocks dip

NEW YORK: The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris

Published 29 Jul, 2019 08:54pm

Financial

Latam markets range-bound ahead of Fed, Brazil rate decisions

Latin American currencies traded in tight ranges on Friday, as investors braced for central bank decisions from the

Published 26 Jul, 2019 09:56pm

Financial

Bullish US dollar bets inch up in latest week

NEW YORK: Speculators modestly increased their net long US dollar bets in the week ending July 23 to $15.32 billion

Published 26 Jul, 2019 09:14pm

Financial

C$ steadies, after hitting 1-month low on US data

TORONTO: The Canadian dollar was little changed against its US counterpart on Friday, recovering from an earlier one

Published 26 Jul, 2019 09:13pm

Financial

White House adviser says US has 'ruled out' currency intervention

WASHINGTON: The Trump administration has "ruled out" intervening in markets to lower the US dollar's value, even tho

Published 26 Jul, 2019 07:59pm

Financial

Dollar hits two-month high as US growth slows less than forecast

NEW YORK: The dollar reached two-month peaks on Friday, as better-than-expected US growth data did not alter the vie

Published 26 Jul, 2019 07:01pm

Financial

C$ hits one-month low as GDP data boosts greenback

TORONTO: The Canadian dollar weakened to a one-month low against its US counterpart on Friday after data showing stronge

Published 26 Jul, 2019 04:16pm

Financial

Dollar at 2-month highs before US growth data

LONDON: The dollar firmed to two-month highs on Friday and looked set for a second straight weekly gain as the market aw

Published 26 Jul, 2019 12:48pm

Financial

C$ firms as data shows payroll earnings accelerating

TORONTO: The Canadian dollar edged higher on Thursday against its US counterpart, as oil prices rose and data that s

Published 25 Jul, 2019 08:47pm

Financial

Euro edges higher, but outlook stays bleak as ECB easing in focus

NEW YORK: The euro bounced up on Thursday off a two-month low against the dollar, as investors bought the single cur

Published 25 Jul, 2019 08:46pm

Financial

C$ holds near 1-month low as investors await US data

TORONTO: The Canadian dollar weakened slightly on Wednesday against its US counterpart, nearing a one-month low it h

Published 24 Jul, 2019 10:12pm

Financial

Dollar rises to 5-week peak on debt, spending deal

NEW YORK: The dollar on Tuesday rose to near a five-week high against a basket of currencies after President Donald Trum

Published 23 Jul, 2019 02:56pm

Financial

C$ hits 1-month low as debt limit deal boosts greenback

TORONTO: The Canadian dollar weakened to a near one-month low against its US counterpart on Tuesday, as the greenback br

Published 23 Jul, 2019 02:51pm

Financial

Dollar rises to a 2-week high on debt deal; Swiss central bank eyed

LONDON: The dollar firmed to a two-week high versus its rivals on Tuesday, a day after US President Donald Trump and con

Published 23 Jul, 2019 12:59pm

Financial

Dollar, euro flat as traders await Fed and ECB rate decisions

NEW YORK: The dollar and euro were little changed on Monday as traders await decisions by the US Federal Reserve and

Published 22 Jul, 2019 09:17pm

Financial

C$ hits 2-week low as investors fret about wholesale miss

TORONTO: The Canadian dollar weakened to a near two-week low against its US counterpart on Monday as domestic data s

Published 22 Jul, 2019 09:12pm

Financial

Latam FX muted as investors look ahead to ECB, Fed

Latin American currencies largely held steady on Monday as investors awaited policy decisions in the coming weeks fr

Published 22 Jul, 2019 09:01pm

Financial

Dollar, euro hold steady ahead of ECB meeting

NEW YORK: The dollar and euro were little changed on Monday as traders wait for decisions from the US Federal Reserve an

Published 22 Jul, 2019 02:53pm

Financial

Loonie edges lower as wholesale trade data disappoints

TORONTO: The Canadian dollar edged lower against its US counterpart on Monday, retreating from a near nine-month high at

Published 22 Jul, 2019 01:53pm

Financial

Dollar recovers after walk-back of dovish Fed comments

NEW YORK: The US dollar rose in early trading on Friday, swinging back into positive territory after the New York Fe

Published 19 Jul, 2019 02:59pm

Financial

C$ hits 9-day low on surprise decline in retail sales

TORONTO: The Canadian dollar fell to a nine-day low against its broadly stronger US counterpart on Friday as domesti

Published 19 Jul, 2019 02:58pm

Financial

C$ dips to near one-week low as oil prices decline

TORONTO: The Canadian dollar weakened against its US counterpart on Thursday, approaching the previous day's one-wee

Published 18 Jul, 2019 04:39pm

Financial

Euro dips on report on ECB inflation goal, dollar flat

NEW YORK: The euro dipped on Thursday following a report the European Central Bank staff is studying a potential cha

Published 18 Jul, 2019 04:25pm

Financial

Dollar holds steady, pound hits 27-month low

NEW YORK: The dollar was little changed against most major currencies on Wednesday, pausing after prior day's gains tied

Published 17 Jul, 2019 08:28pm

Financial

C$ strengthens as domestic data points to rebounding growth

TORONTO: The Canadian dollar gained against the greenback on Wednesday, paring some of the previous day's decline, a

Published 17 Jul, 2019 03:14pm

Financial

Loonie tests 9-month peak as lower oil offsets yield rise

The Canadian dollar held steady against its US counterpart on Tuesday, hovering near a nine-month high, as a drop in US

Published 16 Jul, 2019 08:42pm

Financial

Dollar rises on upbeat retail sales data, euro falls

NEW YORK: The dollar rose against a basket of currencies on Tuesday as surprisingly strong growth in US retail sales

Published 16 Jul, 2019 03:42pm

Financial

Mexico's peso dips on Pemex plan; Latam stocks rise

Latin American currencies were lower on Tuesday against a strong dollar, with Mexico's peso leading losses as invest

Published 16 Jul, 2019 03:40pm

Financial

Dollar holds gains as US retail sales beat forecast in June

NEW YORK: The dollar held its earlier gains versus a basket of currencies on Tuesday as data showed US retail sales

Published 16 Jul, 2019 01:44pm

Financial

Traders pare 50 bps rate-cut bets after upbeat retail sales

NEW YORK: US interest rates futures turned lower on Tuesday as traders scaled back bets the Federal Reserve would de

Published 16 Jul, 2019 01:19pm

Financial

Loonie steadies near 9-month high as home sales dip

TORONTO: The Canadian dollar was little changed against its US counterpart on Monday, holding near Friday's nine-mon

Published 15 Jul, 2019 03:17pm

Financial

Dollar modestly higher in thin summer trading; upside limited

NEW YORK: The dollar was little changed to slightly higher on Monday in thin summer trading, with the greenback's up

Published 15 Jul, 2019 03:15pm

Financial

C$ posts 9-month high as investors focus on rate divergence

TORONTO: The Canadian dollar strengthened against its US counterpart on Friday, adding to this week's gains, driven by a

Published 12 Jul, 2019 10:41pm

Financial

C$ notches 9-month high, underpinned by BoC steady rate outlook

TORONTO: The Canadian dollar strengthened to a near nine-month high against its US counterpart on Friday, adding to

Published 12 Jul, 2019 05:37pm

Financial

Latam forex, stocks extend Fed-driven rally

Most Latin American currencies extended gains on Friday after dovish signals from the US Federal Reserve, with the B

Published 12 Jul, 2019 05:34pm

Financial

Dollar slips for 3rd day on US rate cut bets

NEW YORK: The dollar fell for a third straight session on Friday, still pressured by expectations the Federal Reserv

Published 12 Jul, 2019 05:29pm

Financial

Dollar slips to 1-week low, little impact from US inflation rise

NEW YORK: The dollar inched lower on Thursday in thin summer trading, as its outlook remained grim after Federal Reserve

Published 11 Jul, 2019 09:53pm

Financial

C$ nears 8-month high on diverging US and Canadian rate outlooks

TORONTO: The Canadian dollar firmed against its US counterpart on Thursday, approaching last week's eight-month high, as

Published 11 Jul, 2019 09:11pm

Financial

C$ nears 8-month high, boosted by Fed rate cut prospects

TORONTO: The Canadian dollar strengthened against its US counterpart on Thursday, approaching last week's eight-mont

Published 11 Jul, 2019 04:11pm

Financial

Latam currencies firm on Fed rate cut signals

Latin American currencies rose on Thursday after comments from US Federal Reserve chief Jerome Powell boosted the pr

Published 11 Jul, 2019 03:59pm

Financial

Dollar dips to one-week low; US inflation rise has little impact

NEW YORK: The dollar slipped to near a one-week low on Thursday after Federal Reserve Chair Jerome Powell's bleak co

Published 11 Jul, 2019 03:17pm

Financial

Loonie climbs as BoC policy outlook diverges from the Fed

TORONTO: The Canadian dollar strengthened against its broadly weaker US counterpart on Wednesday, moving closer to last

Published 10 Jul, 2019 09:36pm

Financial

Dollar slides after cautious Powell comments on US economy

NEW YORK: The dollar fell on Wednesday after Federal Reserve Chairman Jerome Powell struck a downbeat tone in his testim

Published 10 Jul, 2019 08:55pm

Financial

C$ rallies, lifted by oil and expected Bank of Canada rate hike

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, recovering from a one-week low the da

Published 10 Jul, 2019 08:39pm

Financial

Dollar weakens after gloomy Powell comments on US economy

NEW YORK: The dollar fell on Wednesday after Federal Reserve Chairman Jerome Powell struck a downbeat tone in congressio

Published 10 Jul, 2019 08:38pm

Financial

C$ rallies, lifted by oil and Fed chief's remarks

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, recovering from a one-week low the da

Published 10 Jul, 2019 08:01pm

Financial

C$ pares its gains as bets rise on BoC rate cut this year

TORONTO: The Canadian dollar rose against its broadly weaker US counterpart on Wednesday, but gave up much of its ga

Published 10 Jul, 2019 03:51pm

Financial

Loonie hits one-week low on risk of dovish shift

TORONTO: The Canadian dollar weakened to an eight-day low against its US counterpart on Tuesday as the greenback broadly

Published 09 Jul, 2019 09:36pm

Financial

C$ slips for third day ahead of BoC rate decision

TORONTO: The Canadian dollar weakened against its US counterpart on Tuesday as the greenback broadly climbed and as inve

Published 09 Jul, 2019 08:52pm

Financial

Dollar touches 3-week high before Powell, FOMC minutes

NEW YORK: The dollar edged up to a three-week high against a basket of currencies on Tuesday as traders await clues

Published 09 Jul, 2019 04:12pm

Financial

Dollar hovers at three-week high as bets for deep US rate cut fade

NEW YORK: The dollar edged up on Monday, hovering at a three-week high, as it held onto gains after news of a stronger-t

Published 08 Jul, 2019 10:28pm

Financial

Dollar hovers at 3-week high on reduced bets for deep US rate cut

NEW YORK: The dollar edged up on Monday, hovering at a three-week high, as it held on to gains after news of a stronger-

Published 08 Jul, 2019 10:14pm

Financial

C$ dips on Fed testimony uncertainty, BoC rate decision due Wednesday

TORONTO: The Canadian dollar edged lower against its US counterpart on Monday as the greenback broadly gained, but the l

Published 08 Jul, 2019 10:11pm

Financial

Dollar hovers at 3-week high on reduced bets for deep US rate cut

NEW YORK: The dollar edged up on Monday, hovering at a three-week high, as it held on to gains after news of a stron

Published 08 Jul, 2019 05:03pm

Financial

C$ nears 8-month high ahead of Bank of Canada rate decision

TORONTO: The Canadian dollar strengthened against its US counterpart on Monday, with the currency moving closer to l

Published 08 Jul, 2019 03:23pm

Financial

Latam currencies firm, Brazil's real gains on pension-reform hope

Latin American currencies srengthened on Monday, bucking gloom in emerging markets, with Brazil's real gaining nearl

Published 08 Jul, 2019 03:10pm

Financial

C$ pulls back from 8-month high as investors reweigh Fed outlook

TORONTO: The Canadian dollar weakened against its US counterpart on Friday, pulling back from an eight-month high the da

Published 05 Jul, 2019 09:10pm

Financial

Strong jobs gains send dollar to more than two week highs

NEW YORK: The US dollar gained against a basket of currencies to its highest levels in 2-1/2 weeks on Friday after data

Published 05 Jul, 2019 08:18pm

Financial

C$ pulls back from 8-month high after surprise jobs decline

TORONTO: The Canadian dollar weakened against its US counterpart on Friday, pulling back from an eight-month high the da

Published 05 Jul, 2019 07:52pm

Financial

C$ steadies near 8-month high ahead of domestic jobs data

TORONTO: The Canadian dollar was little changed against its US counterpart on Thursday, holding near an earlier eight-mo

Published 04 Jul, 2019 08:32pm

Financial

Latam FX firms on rate cut hopes, Brazil's real outperforms

Rising bets on an interest rate cut by the US Federal Reserve boosted Latin American stocks and currencies, with Bra

Published 04 Jul, 2019 03:27pm

Financial

C$ clings to 8-month high as investors bet on Fed rate cut

TORONTO: The Canadian dollar strengthened very slightly to an eight-month high against its US counterpart on Thursda

Published 04 Jul, 2019 03:18pm

Financial

Loonie nears eight-month high on surprise swing to trade surplus

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, approaching a near eight-month high n

Published 03 Jul, 2019 09:15pm

Financial

Dollar falls to one-week low vs yen on Fed rate cut bets

NEW YORK: The dollar slipped to a one-week low against the Japanese yen on Wednesday, undermined by the steady fall

Published 03 Jul, 2019 03:00pm

Financial

C$ nears 8-month high after surprise swing to trade surplus

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, approaching a near eight-month hi

Published 03 Jul, 2019 02:06pm

Financial

Mexican peso up as Trump rules out tariffs; broader Latam FX weakens

Most Latin American currencies dipped on Tuesday as optimism around US-China trade talks faded, while the Mexican peso g

Published 02 Jul, 2019 07:49pm

Financial

C$ pares Monday's decline as greenback rally stalls

TORONTO: The Canadian dollar edged higher against its US counterpart on Tuesday, paring some of Monday's decline, as

Published 02 Jul, 2019 04:22pm

Financial

Dollar eases as US-China trade optimism wanes, economic headwinds rise

NEW YORK: The dollar slipped from two-week highs on Tuesday, as optimism about easing trade tensions between the Uni

Published 02 Jul, 2019 04:15pm

Financial

Dollar advances to 2-week high after US-China trade tensions ease

NEW YORK: The dollar rose to two-week highs on Monday after the United States and China agreed to restart their trou

Published 01 Jul, 2019 03:31pm

Financial

Latam currencies, stocks surge on trade relief

A global rally in equities spilled over to Latin America on Monday after the United States and China agreed to resta

Published 01 Jul, 2019 03:09pm

Financial

C$ climbs to five-month high as yield gap vs US slides

TORONTO: The Canadian dollar strengthened to a near five-month high against the greenback on Thursday as the additional

Published 27 Jun, 2019 10:29pm

Financial

Dollar little changed as traders await news from G20 summit

NEW YORK: The dollar held steady against most major currencies on Thursday as traders moved to the sidelines in advance

Published 27 Jun, 2019 08:51pm

Financial

Dollar index flat after final US Q1 GDP data

NEW YORK: The dollar was little changed against a basket of currencies on Thursday as the government's final reading of

Published 27 Jun, 2019 08:28pm

Financial

Canadian dollar holds near five-month high ahead of G20 summit

TORONTO: The Canadian dollar strengthened slightly against its US counterpart on Thursday, approaching a near five-m

Published 27 Jun, 2019 03:42pm

Financial

Dollar on hold as market awaits news from G20 summit

NEW YORK: The dollar held steady against most major currencies on Thursday as traders moved to the sidelines in adva

Published 27 Jun, 2019 03:20pm

Financial

C$ climbs to 4-month high amid trade deal optimism

TORONTO: The Canadian dollar strengthened to a near four-month high against its US counterpart on Wednesday as oil price

Published 26 Jun, 2019 08:19pm

Financial

Dollar gains on lower rate cut expectations, stocks flat

NEW YORK: The dollar rose and European shares fell on Wednesday as traders scaled back expectations of an aggressive cut

Published 26 Jun, 2019 07:37pm

Financial

Dollar gains as traders pare bets on a bold US rate cut

NEW YORK: The dollar rose on Wednesday as traders scaled back expectations of an aggressive interest rate decrease n

Published 26 Jun, 2019 03:22pm

Financial

Euro adds losses against dollar after Bullard's rate-cut remark

NEW YORK: The euro extended its decline against the dollar on Tuesday after St. Louis Federal Reserve President James Bu

Published 25 Jun, 2019 07:30pm

Financial

Bets on US rate cuts keep dollar on defense

NEW YORK: The dollar slipped against most major currencies on Tuesday, hitting a three-month low versus the euro, as

Published 25 Jun, 2019 03:28pm

Financial

Brazilian real falls on economy worries, dollar lifts other Latam forex

The Brazilian real dipped on Tuesday on worries about the country's economy and pension reform plans, while other La

Published 25 Jun, 2019 03:21pm

Financial

Loonie adds to last week's rally ahead of G20 meeting

TORONTO: The Canadian dollar strengthened against its US counterpart on Monday, adding to last week's gains ahead of a m

Published 24 Jun, 2019 09:04pm

Financial

Dollar dips on US rate-cut bets, bitcoin on fire

NEW YORK: The dollar softened against a basket of currencies on Monday on bets the Federal Reserve may lower interest ra

Published 24 Jun, 2019 08:23pm

Financial

Dollar pares gains vs yen after Trump says to impose sanctions on Iran

NEW YORK: The dollar trimmed its earlier gains versus the yen on Monday after US President Donald Trump said the United

Published 24 Jun, 2019 08:05pm

Financial

Latam FX mixed: Brazil's real up, Colombian peso awaits central bank decision

Mexico's peso slipped in subdued volume on Friday and Colombia's currency treaded water ahead of a decision by its centr

Published 21 Jun, 2019 07:39pm

Financial

C$ dips but on track to climb 1.6pc this week

TORONTO: The Canadian dollar edged lower against its US counterpart on Friday, trimming some of this week's rally, a

Published 21 Jun, 2019 04:00pm

Financial

Latam FX mixed: Brazil's real up, Colombian peso awaits cenbank decision

Mexico's peso slipped in subdued volume on Friday and Colombia's currency treaded water ahead of a decision by its c

Published 21 Jun, 2019 03:49pm

Financial

US-Iran tensions lifts yen to five-month peak, dollar dips

NEW YORK: The yen rose to a five-month high versus the dollar on Friday on growing tensions between Iran and the Uni

Published 21 Jun, 2019 03:43pm

Financial

Loonie climbs to 3-month high on oil rally, dovish Fed

TORONTO: The Canadian dollar strengthened to a three-month high against its US counterpart on Thursday as oil prices sur

Published 20 Jun, 2019 09:17pm

Financial

Dollar slides, posting biggest two-day drop in a year

NEW YORK: The US dollar sank against its rivals on Thursday, posting its biggest two-day drop in a year a day after the

Published 20 Jun, 2019 07:50pm

Financial

Dovish Fed spurs dollar's biggest two-day drop in a year

NEW YORK: The US dollar sank against its rivals on Thursday, putting it on track for its biggest two-day drop in a year

Published 20 Jun, 2019 07:28pm

Financial

C$ notches 5-month high as oil rallies, greenback slides

TORONTO: The Canadian dollar strengthened to a five-month high against its US counterpart on Thursday as oil prices

Published 20 Jun, 2019 04:57pm

Financial

Latam currencies, stocks rally as Fed lifts rate cut hopes

Most Latin American currencies firmed on Thursday as the US dollar remained on the backfoot after the Federal Reserv

Published 20 Jun, 2019 04:40pm

Financial

Latam FX firm as Fed meets expectations on rate cut signals

Latin American currencies firmed on Wednesday, with Brazil's real and Mexico's peso reversing session losses to trad

Published 19 Jun, 2019 10:34pm

Financial

C$ posts one-week high as rising inflation fends off rate cuts

TORONTO:The Canadian dollar strengthened to a one-week high against its US counterpart on Wednesday, as domestic dat

Published 19 Jun, 2019 10:13pm

Financial

US video streaming app YouNow files cryptocurrency offering with SEC

NEW YORK: US live video streaming company YouNow on Wednesday filed with the Securities and Exchange Commission a pu

Published 19 Jun, 2019 06:15pm

Financial

Dollar dips with all eyes on the Fed

NEW YORK: The dollar dipped against the euro on Wednesday, though remained near two-week highs as investors waited for

Published 19 Jun, 2019 04:03pm

Financial

Dollar stalled amid Fed meeting; dovish Draghi depresses euro

NEW YORK: The US dollar was little moved on Tuesday as traders held off making large bets before the Federal Reserve

Published 18 Jun, 2019 09:23pm

Financial

C$ rebounds from 2-week low on reviving of US-China trade talks

TORONTO: The Canadian dollar strengthened on Tuesday against the greenback, recovering from an earlier two-week low,

Published 18 Jun, 2019 08:55pm

Financial

Latam FX firm on ECB's dovish boost, Brazil stocks jump 1pc

Latin American currencies firmed on Monday, with the Mexican peso hitting its highest in more than two weeks, boosted by

Published 18 Jun, 2019 02:20pm

Financial

Loonie little changed, pares earlier drop as oil price rallies

TORONTO: The Canadian dollar was little changed on Tuesday, paring earlier losses after slipping to a two-week low again

Published 18 Jun, 2019 02:17pm

Financial

Loonie firms ahead of speech by Bank of Canada official

TORONTO: The Canadian dollar edged higher against its US counterpart on Monday, paring some of last week's decline ahead

Published 17 Jun, 2019 03:02pm

Financial

Dollar slips, rate cut bets ease ahead of Fed meeting

NEW YORK: The US dollar was modestly lower on Monday on weak economic data, but remained near the two-week high set earl

Published 17 Jun, 2019 02:54pm

Financial

Dollar gains on solid retail sales, before Fed meeting

NEW YORK: The dollar index climbed to its highest in almost two weeks on Friday after encouraging retail sales data

Published 14 Jun, 2019 08:06pm

Financial

Loonie hits 8-day low as US data boosts greenback

TORONTO: The Canadian dollar fell to a one-week low against its US counterpart on Friday as US data suggesting a pic

Published 14 Jun, 2019 07:26pm

Financial

Canadian dollar pares this week's decline as oil rallies

TORONTO: The Canadian dollar strengthened against its US counterpart on Thursday after a three-day run of declines,

Published 13 Jun, 2019 09:40pm

Financial

Dollar steady before Fed meeting, G20 summit

NEW YORK: The US dollar was little changed against the euro on Thursday as investors were reluctant to take large po

Published 13 Jun, 2019 07:41pm

Financial

Loonie weakens as oil slides, trade war fears grow

TORONTO: The Canadian dollar weakened against its US counterpart on Wednesday, extending its pull back from Monday's

Published 12 Jun, 2019 09:32pm

Financial

C$ steadies as lower oil prices offset Fed rate cut bets

TORONTO: The Canadian dollar was little changed against its US counterpart on Wednesday, having pulled back from a three

Published 12 Jun, 2019 04:50pm

Financial

Mexico's peso may benefit from expected US rate cut

MEXICO CITY: The Mexican peso could strengthen in the coming months and close the year at 18.50 per dollar thanks in

Published 11 Jun, 2019 10:17pm

Financial

Dollar dips modestly as trade, data in focus

NEW YORK: The US dollar index dropped slightly on Tuesday as investors focused on the US-China trade war and economi

Published 11 Jun, 2019 09:51pm

Financial

C$ dips as rally on expected Fed easing pauses

TORONTO: The Canadian dollar weakened against its US counterpart on Tuesday, with the currency extending its pullbac

Published 11 Jun, 2019 09:29pm

Financial

Dollar little changed as trade, data in focus

NEW YORK: The US dollar index was flat on Tuesday as investors focused on the US-China trade war and economic data for s

Published 11 Jun, 2019 02:07pm

Financial

Latam FX firm as dollar stays steady

Latin American currencies firmed against a steady dollar on Tuesday with Mexico's peso extending gains logged after US P

Published 11 Jun, 2019 02:04pm

Financial

C$ steadies after posting a 3-month high on Mexico tariff reprieve

TORONTO: The Canadian dollar was little changed against its broadly stronger US counterpart on Monday, pulling back

Published 10 Jun, 2019 09:52pm

Financial

Despite rally, Mexico's peso currency faces major headwinds

MEXICO CITY: Mexico's peso reversed most of its losses from the past couple weeks on Monday in the immediate afterma

Published 10 Jun, 2019 08:10pm

Financial

Dollar gains as Mexico tariffs averted, boosting risk sentiment

NEW YORK: The dollar gained on Monday after the United States and Mexico reached a deal to avoid tariffs, while the

Published 10 Jun, 2019 07:53pm

Financial

C$ retreats from 3-month high as greenback rallies

TORONTO: The Canadian dollar was little changed against its broadly stronger US counterpart on Monday, pulling back from

Published 10 Jun, 2019 04:24pm

Financial

Dollar gains as Mexican tariffs averted, boosting risk sentiment

NEW YORK: The dollar gained on Monday after the United States and Mexico reached a deal to avoid tariffs, while the euro

Published 10 Jun, 2019 04:19pm

Financial

C$ rallies to six-day high as investors dump the greenback

TORONTO: The Canadian dollar strengthened to a nearly one-week high against its US counterpart on Monday as rising e

Published 03 Jun, 2019 08:41pm

Financial

Dollar dips on increased expectations of a 2019 Fed rate cut

NEW YORK: The US dollar fell on Monday after St. Louis Federal Reserve President James Bullard said an interest rate

Published 03 Jun, 2019 08:36pm

Financial

Traders build bets on multiple US rate cuts

NEW YORK: US short-term interest rates futures jumped on Monday as traders increased their bets the Federal Reserve

Published 03 Jun, 2019 08:25pm

Financial

Mounting trade concerns pull dollar lower against yen, franc

NEW YORK: The US dollar fell on Monday morning, hitting a 4-1/2 month low against the Japanese yen and a two-month low a

Published 03 Jun, 2019 03:12pm

Financial

Speculators' net long US dollar bets flat amid trade turmoil

NEW YORK: Speculators' net long dollar position was little changed this week from the previous week, according to ca

Published 31 May, 2019 09:16pm

Financial

Mexican peso erases all its 2019 gains after Trump tariff threat

MEXICO CITY: The Mexican peso, which has resisted a drip-drip of bad news for months, finally gave way and erased al

Published 31 May, 2019 07:26pm

Financial

Yen jumps on Trump's tariff threat on Mexico

NEW YORK: Investors rushed into the perceived safety of Japanese yen on Friday, sending it to a four-month high against

Published 31 May, 2019 03:51pm

Financial

US money market assets rise five straight weeks

NEW YORK: US money market fund assets rose for a fifth consecutive week, bringing its total to more than a nine-year

Published 29 May, 2019 07:20pm

Financial

C$ steadies near 5-month low ahead of BoC rate decision

TORONTO: The Canadian dollar was little changed against the greenback on Wednesday ahead of a Bank of Canada interest ra

Published 29 May, 2019 03:36pm

Financial

C$ slides as investors flee for safe-haven currencies

TORONTO: The Canadian dollar weakened against its US counterpart on Tuesday as the greenback broadly climbed, but th

Published 28 May, 2019 09:03pm

Financial

Dollar edges up on trade, political worries

NEW YORK: The dollar edged higher against a basket of currencies on Tuesday, lifted by trade and political worries a

Published 28 May, 2019 07:16pm

Financial

Dollar holds steady as US yields hit 19-month low

NEW YORK: The dollar stayed firm against a basket of currencies on Tuesday, supported by trade and political worries and

Published 28 May, 2019 04:16pm

Financial

Loonie weakens as investors favor safe-haven currencies

TORONTO: The Canadian dollar weakened against its US counterpart on Tuesday as the greenback broadly climbed, but the lo

Published 28 May, 2019 01:46pm

Financial

C$ sticks to narrow range in 'calm before the storm'

TORONTO: The Canadian dollar was little changed against its US counterpart on Monday, trading in a narrow range due

Published 27 May, 2019 09:39pm

Financial

Loonie trades in a narrow range ahead of BoC rate decision

TORONTO: The Canadian dollar was little changed against its US counterpart on Monday, trading in a narrow range ahead of

Published 27 May, 2019 02:53pm

Financial

Canadian dollar rises as investor risk aversion subsides

TORONTO: The Canadian dollar strengthened against its US counterpart on Friday, recovering from a six-day low the da

Published 24 May, 2019 09:54pm

Financial

Stocks climb on muted trade hopes, dollar slips

NEW YORK: World equity markets rebounded on Friday from the previous day's sharp fall, after US President Donald Tru

Published 24 May, 2019 09:48pm

Financial

Dollar tumbles as trade war hits US economic data

NEW YORK: The dollar fell on Friday from a two-year high against a basket of major currencies after orders for US-ma

Published 24 May, 2019 07:46pm

Financial

Dollar at two-year high, safe havens up on stormy global economy

NEW YORK: The dollar hit its highest level in two years and the yen rose half a percent on Thursday as economic and poli

Published 23 May, 2019 03:01pm

Financial

Dollar holds near one-month high ahead of Fed minutes

NEW YORK: The US dollar held near a one-month high on Wednesday amid heightened trade tensions between the United States

Published 22 May, 2019 03:29pm

Financial

Latam FX index rises ahead of US Federal Reserve minutes

An index of Latin American currencies rose on Wednesday against the dollar ahead of the release of US Federal Reserve mi

Published 22 May, 2019 03:18pm

Financial

Dollar higher against euro, yen; Brexit drama whipsaws sterling

NEW YORK: The US dollar was higher against the euro and the yen on Tuesday in a day of risk-on trades after US Presi

Published 21 May, 2019 09:02pm

Financial

C$ posts 11-day high as Canada exits crosshairs of global trade war

TORONTO: The Canadian dollar strengthened to an 11-day high against the greenback on Tuesday as investors calculated

Published 21 May, 2019 08:51pm

Financial

C$ notches 11-day high as Huawei reprieve helps risk appetite

TORONTO: The Canadian dollar strengthened to an 11-day high against its US counterpart on Tuesday as expectations of a f

Published 21 May, 2019 04:21pm

Financial

Argentine peso strengthens 1.03pc to 44.76 per US dollar

BUENOS AIRES: Argentina's peso currency strengthened 1.03pc on Tuesday morning to 44.76 per US dollar, traders told Reut

Published 21 May, 2019 04:15pm

Financial

Dollar holds awaiting signals on trade, Fed policy

NEW YORK: The US dollar was roughly unchanged Monday as investors held off on making big moves while awaiting develo

Published 20 May, 2019 07:28pm

Financial

Argentine peso weakens 1pc after election race twist

BUENOS AIRES: Argentina's peso currency opened 1.0pc weaker on Monday at 45.5 per US dollar after the country's presiden

Published 20 May, 2019 03:55pm

Financial

Latam FX slip, Argentine peso hit by surprise twist in election

Most Latin American currencies weakened on Monday with Brazil's real giving up early gains and Argentina's peso sliding

Published 20 May, 2019 03:46pm

Financial

Dollar stalled awaiting signals on trade and Fed policy

NEW YORK: The dollar was little changed on Monday morning but maintained last week's gains as investors held off on big

Published 20 May, 2019 03:42pm

Financial

Trade tensions boost yen, yuan weakest since Nov

NEW YORK: The safe-haven Japanese yen gained on Friday and the offshore Chinese yuan weakened as escalating trade tensio

Published 17 May, 2019 08:22pm

Financial

Dollar gains as European concerns hurt euro, sterling

NEW YORK: The dollar rose on Friday as concern about next week's European parliamentary elections dented demand for the

Published 17 May, 2019 07:54pm

Financial

Brazil real weakens past 4.10 per dollar for first time since September

BRASILIA: Brazil's real weakened beyond 4.10 per dollar for the first time in eight months on Friday, accelerating its s

Published 17 May, 2019 07:44pm

Financial

C$ recovers from three-week low on reports of metals tariffs deal

TORONTO: The Canadian dollar edged higher against its US counterpart on Friday, recovering from an earlier three-week lo

Published 17 May, 2019 07:05pm

Financial

C$ hits 3-week low as China's trade talk worries investors

TORONTO: The Canadian dollar weakened to a three-week low against its US counterpart on Friday and was on track for

Published 17 May, 2019 04:24pm

Financial

US money market rates fall on Thursday

NEW YORK: The interest that US banks charge each other to borrow reserves overnight fell to 2.39% on Thursday from 2

Published 17 May, 2019 04:17pm

Financial

Trade tensions support dollar, euro dips before elections

NEW YORK: The US dollar rose to its highest levels in a week against a basket of currencies on Thursday as investors foc

Published 16 May, 2019 09:13pm

Financial

C$ posts 6-day high as data shows economy strengthening

TORONTO: The Canadian dollar rose to a nearly one-week high against its US counterpart on Thursday as oil prices climbed

Published 16 May, 2019 08:25pm

Financial

Loonie hits six-day low as underlying inflation cools

TORONTO: The Canadian dollar weakened to a nearly one-week low against its US counterpart on Wednesday as stocks and

Published 15 May, 2019 04:19pm

Financial

Euro retraces losses on report auto tariffs will be delayed

NEW YORK: The euro retraced earlier losses against the US dollar on Wednesday after administration officials said th

Published 15 May, 2019 03:38pm

Financial

Italian concerns weigh down euro, dollar buoyed by trade hopes

NEW YORK: The euro slid against the dollar on Tuesday after Italy's deputy prime minister said the country is ready to b

Published 14 May, 2019 07:37pm

Financial

Loonie sticks to narrow range as trade war fears linger

TORONTO: The Canadian dollar was little changed against its US counterpart on Tuesday as higher oil prices offset in

Published 14 May, 2019 03:18pm

Financial

Loonie retreats, curve inverts as global trade fears grow

TORONTO: The Canadian dollar weakened against its US counterpart on Monday as investors worried about the damage to the

Published 13 May, 2019 10:12pm

Financial

Latam assets slide as US-China trade war froths

Latin American currencies softened against the dollar on Monday, with global risk appetite hammered by rising US-China t

Published 13 May, 2019 10:07pm

Financial

C$ weakens as US-China trade dispute intensifies

TORONTO: The Canadian dollar weakened against its US counterpart on Monday as investors worried about the damage to

Published 13 May, 2019 03:18pm

Financial

Yuan weakest since December as China introduces new tariffs

NEW YORK: The Chinese yuan dropped to its lowest levels against the US dollar since December on Monday as the trade

Published 13 May, 2019 03:14pm

Financial

Brazil FX slips past 4.00 threshold on trade, growth concerns

BRASILIA: Brazil's real weakened past 4.00 per dollar for the first time in three weeks on Monday as an escalation i

Updated 13 May, 2019 03:30pm

Financial

Dollar lower on hopes for a US-China trade compromise

NEW YORK: The US dollar slipped on Friday morning as hopes for a US-China compromise on trade rose and traders pulled mo

Published 10 May, 2019 07:26pm

Financial

Dollar down against yen, Swiss franc as trade talks go to the wire

NEW YORK: The Japanese yen surged to a three-month high against the dollar on Thursday, with the Swiss franc at a three-

Published 09 May, 2019 10:55pm

Financial

C$ recovers from 2-week low as trade signals drive FX market

TORONTO: The Canadian dollar rose against its US counterpart on Thursday, rebounding from an earlier two-week low ahead

Published 09 May, 2019 08:44pm

Financial

C$ hits 2-week low as global trade tensions rise

TORONTO: The Canadian dollar weakened to a two-week low against the greenback on Thursday as domestic data showed a

Published 09 May, 2019 03:40pm

Financial

Dollar weakens against yen, Swiss franc as trade talks go to the wire

NEW YORK: The Japanese yen surged to a three-month high against the dollar on Thursday, with the Swiss franc at a on

Published 09 May, 2019 03:19pm

Financial

Latam currencies gain against soft dollar, Brazil stocks rise

Latin American currencies, benefiting from a soft dollar, rose on Wednesday on growing concerns about the escalating tra

Published 08 May, 2019 08:25pm

Financial

Dollar flat as market weighs US-China trade deal risks

NEW YORK: The dollar was roughly flat on Wednesday as foreign exchange traders held off from making big moves as the

Published 08 May, 2019 03:41pm

Financial

C$ weakens as investors fret about US-China trade talks

TORONTO: The Canadian dollar weakened against its US counterpart on Tuesday as investors worried that trade negotiations

Published 07 May, 2019 07:43pm

Financial

Dollar ticks up, yuan weaker after Trump's trade threats

NEW YORK: The US dollar rose and the Chinese offshore yuan stayed hobbled near 2-1/2 month lows on Tuesday after US Pres

Published 07 May, 2019 07:41pm

Currency	Rate
USD PKR Interbank Selling / Jul 22	278.11
USD PKR Interbank Buying / Jul 22	277.91
USD to Japanese Yen / Jul 22	163.06
USD to Swiss Franc / Jul 22	0.81
Pound Sterling to USD / Jul 22	1.34
Euro to USD / Jul 22	1.14
SOFR % / Jul 22	3.59

Stock	Volume
S&P 500 / Jul 22	7,498.96
India Sensex / Jul 22	76,755.05
Nasdaq / Jul 22	25,690.90
FTSE 100 / Jul 22	10,716.97
Dow Jones / Jul 22	52,218.58
Germany DAX 30 / Jul 22	25,155.41
France CAC40 / Jul 22	8,437.89
Tokyo Nikkei / Jul 23	66,424.44
Hang Seng / Jul 23	25,202.85

Item	Value
Crude Oil USD/Barrel / Jul 22	87.96
Karachi Cotton PKR/37.32 KG / Jul 22	18,780
Gold 10 Grams PKR / Jul 22	371,944
Gold Spot USD/Ounce / Jul 22	4,138.06
Cotton US¢/pound / Jul 22	80.86
Petrol/Litre / Jul 23	320.73
Diesel/Litre / Jul 23	367.21

Stock	Price
Gammon Pak / Jul 23 Gammon Pakistan Limited(GAMON)	26.60 ▲ 2.42 (10.01%)
Shadman Cotton / Jul 23 Shadman Cotton Mills Limited(SHCM)	58.69 ▲ 5.34 (10.01%)
Asia Ins. / Jul 23 Asia Insurance Company Limited(ASIC)	49.95 ▲ 4.54 (10%)
Fateh Sports / Jul 23 Fateh Sports Wear Limited(FSWL)	156.98 ▲ 14.27 (10%)
Maqbool Textile / Jul 23 Maqbool Textile Mills Limited(MQTM)	31.47 ▲ 2.86 (10%)
Sally Textile / Jul 23 Sally Textile Mills Limited(SLYT)	17.74 ▲ 1.61 (9.98%)
Baba Farid Sugar / Jul 23 Baba Farid Sugar Mills Limited(BAFS)	502.99 ▲ 41.75 (9.05%)
Olympia Mills / Jul 23 Olympia Mills Limited(OML)	155.87 ▲ 12.68 (8.86%)
East West Ins. / Jul 23 East West Insurance Company Limited(EWIC)	52.60 ▲ 4.06 (8.36%)
Premier Sugar / Jul 23 The Premier Sugar Mills(PMRS)	594 ▲ 41.5 (7.51%)

Stock	Price
Khairpur Sug. / Jul 23 Khairpur Sugar Mills Limited(KPUS)	1,227.87 ▼ -136.43 (-10%)
Suhail Jute / Jul 23 Suhail Jute Mills Limited(SUHJ)	219.48 ▼ -24.39 (-10%)
Aisha Steel (CPS) / Jul 23 Aisha Steel Mills Limited (CPS)(ASLCPS)	63.85 ▼ -7.09 (-9.99%)
S.G.Power / Jul 23 S.G. Power Limited(SGPL)	64.40 ▼ -7.15 (-9.99%)
Dadabhoy Cement / Jul 23 Dadabhoy Cement Industries Limited(DBCI)	20.38 ▼ -2.26 (-9.98%)
Aisha Steel(ConPS) / Jul 23 Aisha Steel(ConPS)(ASLPS)	20.10 ▼ -2.19 (-9.83%)
Int. Knit. / Jul 23 International Knitwear Limited(INKL)	83.80 ▼ -9.02 (-9.72%)
National Silk / Jul 23 The National Silk & Rayon Mills Limited(NSRM)	270 ▼ -26.43 (-8.92%)
Popular Islamic / Jul 23 Popular Islamic Modaraba(PIM)	21.05 ▼ -1.98 (-8.6%)
JS Investments / Jul 23 JS Investments Limited(JSIL)	41.60 ▼ -3.77 (-8.31%)

Stock	Volume
Cnergyico PK / Jul 23 Cnergyico PK Limited(CNERGY)	9,199,715 ▲ 0.17
Pak Refinery / Jul 23 Pakistan Refinery Limited(PRL)	9,198,100 ▲ 0.92
Dewan Cement / Jul 23 Dewan Cement Limited(DCL)	6,295,384 ▲ 0.23
TPL Properties / Jul 23 TPL Properties Limited(TPLP)	4,490,608 ▲ 0.05
WorldCall Telecom / Jul 23 Worldcall Telecom Limited(WTL)	3,949,949 ▲ 0
Trust Sec.& Brok. / Jul 23 Trust Securities & Brokerage Limited(TSBL)	2,960,772 ▼ -0.07
Pak Int.Bulk / Jul 23 Pakistan International Bulk Terminal(PIBTL)	2,289,088 ▲ 0.22
Maple Leaf Cement / Jul 23 Maple Leaf Cement Factory Limited(MLCF)	2,032,388 ▼ -1.01
Dewan Farooque Sp. / Jul 23 Dewan Farooque Spinning Mills Limited(DFSM)	1,733,708 ▲ 0.41
Sui South Gas / Jul 23 Sui Southern Gas Company Limited(SSGC)	1,648,788 ▼ -0.29