Trends - Dollar - Business Recorder

Dollar

Sterling steadies

LONDON: Sterling steadied against the dollar on Wednesday and gained against the euro after the announcement of an...

Published 04 Mar, 2021 04:58am

Markets

US MIDDAY: Gold slides to 9-month low

NEW YORK: Gold slid more than 2% to its lowest in nearly nine months on Wednesday as elevated US Treasury yields and...

Published 04 Mar, 2021 04:58am

Business & Finance

Syrian pound hits new low

AMMAN: The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency...

Updated 04 Mar, 2021 09:33am

Business & Finance

Early trade in New York: Dollar gains as US growth seen likely to outperform

NEW YORK: The dollar gained on Wednesday as investors priced for strong US growth relative to other regions, while...

Updated 04 Mar, 2021 09:33am

Business & Finance

Dollar slips in Europe

LONDON: The US dollar fell on Wednesday as investor sentiment improved and government bond yields extended their...

Updated 04 Mar, 2021 09:33am

Markets

Tokyo stocks open higher shrugging off US falls

Takeda Pharmaceutical was up 2.69 percent at 3,775 yen after reports said its partner US biotech firm Moderna is planning to file in Japan for approval of its coronavirus vaccine as early as Friday.

Published 03 Mar, 2021 11:27am

Markets

Dollar dips, Aussie gains on improving risk sentiment

It was last down 4.11% at $47,609.

Published 03 Mar, 2021 10:14am

Business & Finance

Lebanon pound plummets to all-time low

BEIRUT: The Lebanese pound hit an all-time low against the dollar on Tuesday amid a deepening economic crisis that...

Published 03 Mar, 2021 05:49am

Markets

Dollar index higher, Aussie gains on better risk sentiment

If you do see volatility the natural inclination is to take risk off the table, in this case it just basically means getting out of existing positions and the dollar shorts are extremely elevated at this point.
Short US dollar positions were last at $29.33 billion, according to data by the Commodity Futures Trading Commission.

Published 02 Mar, 2021 09:33pm

Business & Finance

Thai exports may rise more than forecast as demand recovers

The baht eased slightly to 30.34 per dollar on Tuesday but it has still gained 9.3% since last April.

Published 02 Mar, 2021 12:44pm

Markets

Tokyo stocks open higher on vaccine hopes

The dollar fetched 106.86 yen in early Asian trade, against 106.76 yen in New York late Monday.

Published 02 Mar, 2021 10:59am

Markets

Most Asia markets up again after Wall St surge, stimulus in view

Eyes are now on Washington, where the Senate is due to debate Biden's economic rescue package after it passed the House at the weekend.

Published 02 Mar, 2021 10:51am

Markets

Spot gold may fall into $1,669-$1,691 range

It might be too bold to target $1,460-$1,533 range right now. However, the preceding zigzagging fall does suggest a possible crash into this zone.

Published 02 Mar, 2021 10:05am

Markets

Dollar gains on reflation trade, Aussie recovers

The Aussie was last at $0.7773, after dropping to $0.7693 on Friday.

Published 02 Mar, 2021 09:51am

Markets

Dollar holds advantage over low-yielders, risk currencies slip back

On the other hand, the Australian dollar dropped as much as 0.45% before erasing some losses to trade at $0.7766, after the Reserve Bank of Australia re-committed to keeping interest rates at historic lows.

Published 02 Mar, 2021 09:49am

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...