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forex trading

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

Chinese state banks seen using FX swaps to absorb dollars, sources say

The sources said the bank was seen conducting sell-buy swaps in the dollar-yuan pair, alongside its purchases of dollars from exporters and other corporate clients.
"The big bank has been buying quite huge amounts of one-year dollars in the swap market," said one source, speaking on condition of anonymity.

Published 16 Mar, 2021 08:05pm

Markets

Sterling takes hit as euro zone countries suspend AstraZeneca vaccine

Sterling fell 0.3% versus the dollar to $1.3853 at 1118 GMT, after hitting a one-week low of $1.3809 in earlier trading
Against the euro, it was 0.4% lower at 86.21 pence, having touched at 0926 GMT its lowest level of 86.40 pence since March 5.

Updated 16 Mar, 2021 10:02pm

Markets

South Africa's rand firms as focus turns to Fed meeting

The rand had earlier in the session struggled to make meaningful gains as scheduled power outages by state utility Eskom dragged into their sixth day and weighed on sentiment.
Eskom said on Monday that it aimed to get its power plant performance to "acceptable levels" by late 2021.

Updated 15 Mar, 2021 09:26pm

Markets

Canadian dollar steadies ahead of Bank of Canada rate decision

Loonie trades in a range of 1.2625 to 1.2683.
Price of US oil rises 0.8%.
Canadian bond yields edge higher across the curve.

Published 10 Mar, 2021 07:32pm

Markets

Dollar regains footing as US yields stabilise

Commodity currencies pare big advances from overnight.
Bitcoin retreats after earlier topping $55,000.

Published 10 Mar, 2021 05:36pm

Markets

South Africa's rand ends the week flat as local economy, vaccine worries weigh

The rand was 0.44% stronger at 14.5550 per dollar, little moved from its overnight close of 14.6200.
There has been a divergence of views among traders this year over just how US President Joe Biden's planned $1.9 trillion fiscal stimulus package will affect the dollar.

Published 12 Feb, 2021 09:53pm

Markets

Canadian dollar notches 3-week high as dovish Fed bolsters stocks

Canadian dollar strengthens 0.2% against the greenback.
Loonie touches its strongest since Jan. 22 at 1.2660.
Price of US oil dips 0.2%.
Canadian bond yields trade mixed across the curve.

Published 11 Feb, 2021 08:34pm

Markets

Brazil's real leads Latam FX losses on fiscal concerns

Brazilian govt confirms stimulus plans.
Mexican inflation rises more than expected.
Latam stocks lag EM peers.

Updated 09 Feb, 2021 11:32pm

Markets

Latam FX dips, Chile's peso gains on higher copper prices

Chilean peso among few Latam gainers.
Brazil's real flat as virus woes offset economic optimism.
Latam economies to lag global peers- IMF.

Published 08 Feb, 2021 09:38pm

Markets

Dollar on backfoot against euro after US jobs report

Euro up 0.6%.
Dollar index down 0.5%.
Jobs report stops dollar run.
Year-to-date dollar index up 1.3%.

Published 05 Feb, 2021 09:07pm

Markets

Turkish lira jumps as central bank chief says rate cuts long way off

The comments boosted the lira by more than 0.7% to 7.09 against the dollar from 7.14 late on Thursday.
The recovery narrative in Turkish assets has been strengthened by the governor's remarks.

Published 05 Feb, 2021 08:18pm

Markets

Rouble hits 2-week high vs dollar as oil climbs, sanctions threats ease

Rouble has risen 1.2% against the dollar to 74.60, earlier hitting its strongest mark since Jan. 22.
For years a slave to the oil price, the rouble has decoupled from Brent crude, which was up 1% at $59.43 a barrel

Published 05 Feb, 2021 07:54pm

Markets

Mexican peso leads Latam FX higher as silver spikes

Chilean peso and Peruvian sol also gain.
Latam stocks rise in early trade.

Published 01 Feb, 2021 09:27pm

Markets

Canadian dollar dips against broadly stronger greenback

Canadian dollar weakens 0.2% against the greenback.
Loonie trades in a range of 1.2761 to 1.2819.
Price of US oil rises 1.1%.
Canadian bond yields edge higher across the curve.

Published 01 Feb, 2021 07:47pm

Markets

Rebound in risk sentiment pulls sterling higher

*The pound fell in early trade after risk sentiment ebbed overnight in US and Asian markets. * sterling was up 0.3% against the dollar at $1.3720 and was also up 0.3% against the euro, at 88.60 pence.

Published 26 Jan, 2021 08:55pm

Markets

Russian rouble steadies after early losses, but risks limit gains

The threat of new sanctions against Moscow saw the rouble's January gains evaporate last week.
The rouble was 0.2% stronger against the dollar at 75.21, pulling away from the more than one-month low of 75.8675 hit on Monday.

Published 26 Jan, 2021 08:11pm

Markets

South Africa's rand slips in risk-off trade, stocks hit all-time high

Rand was 0.46% weaker at 15.2400 per dollar, marking a third consecutive session of losses as investors took a more circumspect view of the pace of the global economic rebound.
The United States $1.9 trillion fiscal stimulus plans and the likelihood of developed market central banks keeping liquidity taps open.

Published 25 Jan, 2021 09:31pm

Markets

Canadian dollar rises as investors weigh US stimulus prospects

Canadian dollar gains 0.1% against the greenback.
Loonie trades in a range of 1.2687 to 1.2736.
Price of US oil falls 0.2%.
Canadian bond yields ease across flatter curve.

Published 25 Jan, 2021 08:34pm

Markets

Latam assets sink; Mexico in focus after president tests positive for COVID-19

Mexican peso falls as much as 0.4%.
Brazil holiday keeps trading volumes low.
Latam stocks lag EM peers.

Published 25 Jan, 2021 08:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
Dow Jones / Apr 17	37735.31
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03
Hang Seng / Apr 18	16452.30
FTSE 100 / Apr 18	7883.62
Germany DAX 30 / Apr 18	17795.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00