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Dollar steadies; euro hurt by vaccine delays and German business morale slump

It then recovered some losses after European markets opened, and was at 90.224 against a basket of currencies.
For now at least, the optimism that we're hoping for has been somewhat delayed and that has taken a little bit of steam out of the euro.

Published 25 Jan, 2021 06:30pm

Markets

Dollar edges up after 3-day losing streak as risk rally pauses

Dollar pares gains after upbeat US data.
Aussie and Kiwi dollar fall.
Dollar gains vs yen after dour Japanese data.

Published 22 Jan, 2021 09:21pm

Markets

Canadian dollar pares weekly gain as oil and stocks slide

Canadian dollar weakens 0.5% against the greenback.
Canadian retail sales jump by 1.3% in November.
Price of US oil falls 2.4%.
Canadian bond yields ease across a flatter curve.

Published 22 Jan, 2021 09:07pm

Markets

Latam FX falls as dollar rises, Brazil real lags peers for the week

Brazilian real set for weekly losses of 2%.
Dollar gains for the first time in four days.
Chilean peso outperforms Latam peers for the week.

Published 22 Jan, 2021 08:33pm

Markets

Rouble slumps towards 75 vs dollar as geopolitical risks wipe out recovery

The rouble was 1.2% weaker against the dollar at 74.78, earlier slipping to 74.9975.
Some investors were also taking profits after an emerging market currency rally this week, driven by hopes of a $1.9 trillion U.S fiscal stimulus package.

Published 22 Jan, 2021 06:49pm

Markets

Dollar inches up after three-day losing streak; risk currencies fall

The dollar index was still on track for its biggest weekly loss since mid-December.
The Australian dollar fell after disappointing retail sales data, but was still set for a weekly rise.

Published 22 Jan, 2021 05:55pm

Markets

Dollar rises as growth worries weigh on euro

Euro 0.2% lower to dollar.
Commodity currencies rise.
Sterling stronger on the day.

Published 20 Jan, 2021 09:42pm

Markets

Russian rouble edges up on US stimulus hopes, rising oil

The rouble had pared early gains and was 0.2% stronger against the dollar at 73.57. It had gained 0.2% to trade at 89.12 versus the euro.
Yellen, at her confirmation hearing on Tuesday, said the benefits of a big stimulus package were greater than the expense of a higher debt burden.

Published 20 Jan, 2021 06:32pm

Markets

Sterling rises above $1.37 for first time since 2018; UK inflation rises

The dollar weakened against major currencies for the third straight session.
Versus the euro, the pound hit a five-month high of 88.38 pence per euro, before easing to 88.51.

Published 20 Jan, 2021 06:09pm

Markets

Latam currencies rise ahead of Yellen speech

Brazilian real outperforms Latam peers.
Investors await Yellen speech at 10 a.m. ET.
Mexican economy likely shrank 5.4% y/y in Dec.

Published 19 Jan, 2021 10:03pm

Markets

Dollar slides as investors look to Yellen comments on stimulus

Dollar weakens vs most currencies.
Yellen to testify at Senate Finance Committee.
Euro, Aussie dollar gain.

Published 19 Jan, 2021 10:01pm

Markets

Sterling slips against euro, analysts see gains

The dollar dropped, giving sterling a lift of 0.2% to $1.3617.
Against the euro, which strengthened on the weakening dollar, sterling fell 0.2% to 89.06 pence.

Updated 19 Jan, 2021 11:14pm

Markets

Russian rouble recovers after sell-off led by sanction risk

Risk of sanctions linked to the arrest of Kremlin critic Alexei Navalny upon his return to Russia for the first time since being poisoned last summer hit the rouble on Monday.
Rouble was 0.3% stronger against the dollar at 73.75 and was flat against the euro, trading at 89.45.

Published 19 Jan, 2021 05:39pm

Markets

Dollar at 1-month highs as markets eye Biden's FX policy; euro slips

With US markets shut for a holiday on Monday and Joe Biden set to be inaugurated as the next US president on Wednesday.
"I would expect differences in fiscal stimulus to be a driving force for relative performance of currencies this year as it is directly linked to the economic recovery story.

Published 18 Jan, 2021 04:48pm

Markets

Pound knocked by sour market mood, but set for weekly gain

Sterling was still on track for its best week against the euro since early April.
the pound touched an almost two-month high against the euro, after data showed Britain's economy shrank 2.6% in November.

Published 15 Jan, 2021 09:13pm

Markets

Canadian dollar slides as Chinese lockdowns weigh on sentiment

Canadian dollar falls 0.7% against the greenback.
Price of US oil decreases 1.6%.
Canadian home sales rise 7.2% in December from November.
Canadian bond yields ease across much of a flatter curve.

Published 15 Jan, 2021 08:56pm

Markets

Dollar rises for second day as markets look to Biden's stimulus plan

Biden to give details of 'trillions' in spending Thursday.
Bitcoin rises, eyeing $40,000 again.

Published 14 Jan, 2021 08:18pm

Markets

Kenya shilling seen easing next week, Tanzania's stable

Kenya's shilling is expected to weaken, undermined by increased dollar demand from various sectors, and little inflows.
"The pressure remains. Banks are generally short (of dollars)."

Published 14 Jan, 2021 08:08pm

Markets

Dollar holds gains as markets await Biden's stimulus plan

Biden to give details of "trillions" in spending Thursday.
Many analysts still expect dollar to resume declines.

Published 14 Jan, 2021 08:05pm

Markets

Latam FX subdued as dollar strengthens; Chilean peso tumbles

Chilean peso falls for third straight day.
Brazilian real steadies after previous session's surge.
Petrobras CEO denies claims of 'predatory' fuel pricing policy.

Published 13 Jan, 2021 08:40pm

Markets

Currencies nearly flat ahead of Polish central bank rate decision

The zloty was little changed, edging up 0.1% to 4.5245 per euro.
"Until the decision is published, volatility in the domestic market should remain limited," Bank Millenium wrote in a note.

Published 13 Jan, 2021 06:30pm

Markets

Canadian dollar recovers from near 2-week low as oil climbs

Canadian dollar strengthens 0.2% against the greenback.
Loonie trades in a range of 1.2732 to 1.2791.
Price of US oil increases 1%.
Canada's 10-year yield touches its highest since March.

Published 12 Jan, 2021 08:42pm

Markets

Canadian dollar falls by most in 7 months on pandemic lockdown fears

Canadian dollar weakens 1.1% against the greenback.
Loonie touches weakest level since Dec. 29 at 1.2835.
Price of US oil falls more than 1%.
Canada's 10-year yield touches nine-month high intraday.

Published 11 Jan, 2021 09:17pm

Markets

Dollar extends rebound as US yields climb

US President-elect Joe Biden, who takes office on Jan. 20 with Democrats able to control both houses of Congress.
US government bond yields have logged big moves in recent sessions, with the Treasury yield curve experiencing a significant increase in yields in longer-dated bonds.

Published 11 Jan, 2021 08:57pm

Markets

Euro falls to three-week lows as US yields climb

President-elect Joe Biden, who takes office on Jan. 20 with Democrats able to control both houses of Congress, has promised "trillions" in extra pandemic-relief spending.
As a result, the euro fell 0.5% to $1.2155, its lowest since Dec. 21, down nearly 2% from a high of $1.2349 last week.

Published 11 Jan, 2021 05:35pm

Markets

Pound climbs against weaker euro, gains seen as temporary

Markets are pricing sub-zero rates from Britain's central bank as early as May 2021.
Euro-sterling remains above the 0.90 (pence) level as the build-up of rate cut expectations (following the third lockdown) offsets the positive effect of the UK-EU trade deal

Published 08 Jan, 2021 09:34pm

Markets

Dollar retreats from weekly high after US jobs report

Dollar softens after weak payrolls report.
Additional fiscal stimulus expected.

Published 08 Jan, 2021 09:16pm

Markets

Canadian dollar adds to weekly gain as oil climbs

Canadian dollar rises 0.1% against the greenback.
Canada sheds 63,000 jobs in December.
For the week, the loonie was on track to gain 0.4%.
Price of US oil increases 1.8%.

Updated 08 Jan, 2021 08:03pm

Markets

Bitcoin on record-setting spree, jumps 5pc on day

The world's most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange before bouncing back. Rival cryptocurrency ethereum rose 3% after sinking more than 10%.
We are seeing a continued demand spike driven largely by sustained and unprecedented institutional interest.

Published 08 Jan, 2021 07:21pm

Markets

Dollar holds above 2018 lows ahead of US jobs report

The greenback bounced off a nearly three-year low on Thursday as a rise in US yields triggered some unwinding of bearish bets on the currency.
I think once this euphoria dies down, the dollar is likely to resume its downtrend trend, because I don't think the Fed will be so eager to taper.

Published 08 Jan, 2021 06:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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