Trends - Dollar - Business Recorder

Dollar

Pound hits highest against dollar since April 2018

LONDON: The British pound hit its highest level against the dollar since April 2018 and traded just below ...

Published 10 Feb, 2021 04:12am

Markets

Dollar drops, as bitcoin nears $50,000

Benchmark crude contract Brent North Sea held around 13-month highs above $60 on Tuesday thanks to surging demand expectations as economies reopen.

Published 09 Feb, 2021 08:21pm

Markets

Copper rises as dollar weakens to near 1-week low

The dollar languished near its lowest in a week as investors began entertaining doubts about the scale of a recent rally driven by expectations of a faster pandemic recovery in the United States than elsewhere.

Published 09 Feb, 2021 12:16pm

Markets

China's yuan treads water ahead of Lunar New Year holiday

The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 96.8, weakening from the previous day's 96.85.

Published 09 Feb, 2021 11:46am

Markets

Tokyo stocks open higher on hopes for vaccines, stimulus

SoftBank Group was down 0.32 percent at 1,414 yen on profit-taking after it said net profit rocketed to $11.1 billion in the third quarter, as stock rallies and asset sales helped solidify its recovery.

Published 09 Feb, 2021 10:37am

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (February...

Published 09 Feb, 2021 04:43am

Markets

US MIDDAY: Corn rallies to 7-1/2 years high

CHICAGO: US corn futures rallied to a 7-1/2 years peak on Monday on buying ahead of a monthly US government crop...

Published 09 Feb, 2021 04:43am

Business & Finance

Sterling slips against dollar

LONDON: The pound slipped against a stronger dollar on Monday, but analysts were bullish about its outlook and the...

Published 09 Feb, 2021 04:43am

Business & Finance

Dollar recovers in Europe

LONDON: The dollar steadied on Monday, recovering some ground against a basket of peer currencies after falling...

Published 09 Feb, 2021 04:43am

Business & Finance

Early trade in New York: Dollar steadies after US jobs-related losses

NEW YORK: The dollar was flat to slightly lower on Monday in choppy trading, holding its ground against a basket of...

Published 09 Feb, 2021 04:43am

Markets

European shares rise on M&A activity; Dialog Semi hits over 20-year highs

The French firms closed lower as new legal hurdles awaited the deal and amid a government warning of an increasingly hostile takeover battle.

Published 09 Feb, 2021 12:39am

Markets

Dollar steadies after US jobs-related losses

Dollar index little changed after Friday payrolls fall.
Jobs data takes shine off dollar rebound.
Ethereum gains on futures debut.
Bitcoin hits record high after Tesla purchase.

Published 08 Feb, 2021 09:42pm

Markets

Dollar nurses losses as traders await more data to determine direction

In the cryptocurrency market, ethereum spot prices fell 1.21% to $1,595 after the listing of ethereum futures on the Chicago Mercantile Exchange on Sunday.

Published 08 Feb, 2021 11:16am

Markets

Gold rises as bleak US jobs data dents dollar

Breakevens on 10-year Treasury Inflation-Protected Securities, which measure average annual inflation expectations for the coming decade, have jumped to 2.19%, the highest level since mid-2018.

Published 08 Feb, 2021 10:20am

Business & Finance

Dollar outlook still dark, recent strength a blip

BENGALURU: The dollar’s weakening trend is still in play, with the currency predicted to stay range-bound or fall...

Published 08 Feb, 2021 03:46am

Markets

Copper prices up

LONDON: Copper prices rose on Friday, boosted by a weak dollar and hopes for better metals demand due to improved...