Trends - Dollar - Business Recorder

Dollar

US MIDDAY: Gold slips

NEW YORK: Gold prices dropped on Thursday as a surge in US bond yields and a firmer dollar hammered bullion’s...

Published 19 Mar, 2021 05:32am

Business & Finance

BoE split over outlook

LONDON: The Bank of England said Britain's economic recovery was gathering pace thanks to the speed of COVID-19...

Published 19 Mar, 2021 05:32am

Pakistan

Rupee gains 29 paisas against dollar

Buying and selling rates of dollar were recorded at Rs155.1 and Rs155.8 respectively.

Published 18 Mar, 2021 06:17pm

Markets

Turkish lira slightly weaker ahead of key rate decision

Lira's depreciation can lead to higher import costs, risking further raising inflation, which the central bank expects to drop to 9.4% by year-end.

Published 18 Mar, 2021 01:03pm

Markets

Stocks slip before Fed announcement

The dollar was mixed as the US central bank wraps up a two-day policy meeting.

Published 17 Mar, 2021 09:25pm

Pakistan

Rupee jumps 0.62pc in single day against dollar

Buying and selling rates of dollar were recorded at Rs155.7 and Rs156.6 respectively.

Published 17 Mar, 2021 08:35pm

Markets

Dollar firms as investors keep eagle eye on Fed guidance

Commodity-linked currencies including the Australian dollar , the New Zealand dollar and the Canadian dollar eased slightly against the US dollar, tracking weakness in commodity prices.

Published 17 Mar, 2021 11:29am

Markets

US dollar little changed as investors await Fed meeting outcome

Fed seen keeping monetary policy stance.
US retail sales fall unexpectedly in February.
Euro falls vs dollar, yen rises.
Aussie and Kiwi dollars slip.

Published 16 Mar, 2021 09:10pm

Markets

Dollar slips, lacking direction before Fed meeting

The dollar index held steady overnight then rose as European markets opened, before slipping to 91.807 at 1237 GMT, down by less than 0.1%.
Markets are in this flux period where they're gripping on to marginal bits of information, but there's nothing to define a new broad dollar trend until we get some more colour from the Federal Reserve tomorrow.

Published 16 Mar, 2021 08:09pm

Markets

Stocks track US rally as recovery hopes trump inflation fear

The dollar was mixed against its main rivals and oil prices slid on profit-taking after recent strong gains.

Published 16 Mar, 2021 05:00pm

Markets

US dollar advances on investor caution ahead of Fed meeting

The euro weakened 0.2% to $1.1926 after rising last week for the first time in three weeks as latest data showed hedge funds slashed their net euro positions.

Published 16 Mar, 2021 11:07am

Markets

Cotton futures fall over 2pc

NEW YORK: ICE cotton futures fell more than 2% on Monday on expectations that rains in Texas may benefit crops in ...

Published 16 Mar, 2021 04:43am

Markets

Raw sugar, coffee and cocoa fall

LONDON: Raw sugar prices slipped lower on Monday as a stronger dollar weighed, although near-term supply tightness...

Published 16 Mar, 2021 04:43am

Pakistan

Rupee retains upward trend against dollar

Buying and selling rates of dollar were recorded at Rs157 and Rs157.6 respectively.

Published 15 Mar, 2021 08:33pm

Markets

Dollar sets pace ahead of key central bank meetings

Gains in the greenback were more pronounced against low-yielding currencies such as the euro and the British pound while high-yielding currencies like the Australian dollar fared relatively better.
Monday's trading theme is a continuation of the pattern we have seen in March and we have to see what the Fed does later this week to see if the rise in bond yields and dollar strength versus low yielders can carry on.

Published 15 Mar, 2021 06:37pm

Markets

Dollar firm amid US yield spike; bitcoin hovers around $60,000

Bitcoin was up about 2% at $60,205.56 after more than doubling in value this year.

Published 15 Mar, 2021 11:25am

Markets

Tokyo stocks open marginally higher ahead of key data

In Tokyo, e-commerce giant Rakuten skyrocketed 20.72 percent to a day-time upper limit of 1,503 yen and Japan Post gained 1.95 percent to 1,045.5 yen after the companies confirmed reports that the two firms agreed to form a capital alliance.

Published 15 Mar, 2021 10:29am

Business & Finance

Investors turn short on most Asian currencies, cut long bets on yuan sharply

BENGALURU: Investors cut long bets sharply on the Chinese yuan while turning short on most other Asian currencies, a...

Published 15 Mar, 2021 05:22am

Markets

Raw sugar falls, but losses limited by tight supplies

LONDON: Raw sugar prices fell on Friday amid risk-off sentiment in wider financial markets and a stronger dollar,...

Published 13 Mar, 2021 04:28am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (March 12, 2021)....

Published 13 Mar, 2021 04:28am

Business & Finance

Early trade in New York: Dollar rises on Treasury yield spike

NEW YORK: The dollar rose on Friday as a fresh spike in Treasury yields reignited inflation fears and sparked a...

Published 13 Mar, 2021 04:28am

Business & Finance

Dollar toughens in Europe

• Bitcoin dips to $56,475.11 LONDON: A fresh spike in US Treasury yields sparked a risk-off move in global...

Published 13 Mar, 2021 04:28am

Markets

Dollar rises on Treasury yield spike with world awash in stimulus

Dollar index up 0.53%.
US PPI annual gain largest in nearly 2-1/2 years.
US President Joe Biden signed a $1.9 trillion stimulus bill into law on Thursday and urged US states to make all adults eligible for a coronavirus vaccine by May 1.

Published 12 Mar, 2021 09:38pm

Markets

Tokyo's Nikkei closes up more than 1.7%

SoftBank Group rallied 3.35 percent to 10,635 yen on bargain-hunting, but Uniqlo casual wear operator Fast Retailing lost 0.13 percent to 94,700 yen.

Published 12 Mar, 2021 12:22pm

Markets

Safe-haven dollar wallows near one-week low as bond yields retreat

On Thursday, the European Central Bank said it was ready to accelerate money-printing to keep eurozone yields down.

Published 12 Mar, 2021 11:05am

Markets

Yuan briefly hits one-week high, market awaits Fed and Sino-US meeting next week

Chinese diplomats will meet with US officials in Alaska on March 18 and 19, a Chinese foreign ministry spokesman said on Thursday.

Published 12 Mar, 2021 11:01am

Markets

Dollar at one-week lows after benign inflation data

Policymakers have also expressed concern about strength in the euro, although a recent weakening of the currency has lowered expectations about major policy changes.

Published 11 Mar, 2021 12:09pm

Markets

Dollar dips following inflation data, US Treasury auction

The Bank of Canada on Wednesday left its key overnight interest rate unchanged at 0.25%, as expected, and said the Canadian economy was proving to be more resilient than anticipated to the second COVID wave and containment measures.

Published 11 Mar, 2021 10:58am

Opinion

Dollar snapback may jolt post-pandemic recovery

A pause in the US dollar’s steep downtrend shows signs of morphing into a more robust rebound, posing a threat to...

Published 11 Mar, 2021 05:25am

Business & Finance

Early trade in New York: Dollar edges higher

NEW YORK: The dollar ticked higher on Wednesday, rebounding from a slight dip after a tame US inflation report, ...

Published 11 Mar, 2021 05:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	157.86
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / Apr 30	5035.69
India Sensex / Apr 30	74482.78
Nasdaq / Apr 30	15657.82
Hang Seng / Apr 30	17763.03
Dow Jones / Apr 30	37815.92
Germany DAX 30 / Apr 30	17932.17
France CAC40 / Apr 30	7984.93
Tokyo Nikkei / May 1	38274.05

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	81.12
Gold Spot USD/Ounce / May 1	2288.39
Cotton US¢/pound / May 1	78.01
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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