forex

Rupee slides against dollar
Markets

Rupee slides against dollar

  • The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 12 paisas and closed at Rs. 193.10 against the last day’s trading of Rs. 193.22.
Published 28 Sep, 2020 06:29pm
Sterling falls against dollar
Markets

Sterling falls against dollar

LONDON: Sterling erased earlier gains in a choppy session on Friday as investors hoped Britain's new scaled-back job...
Published 26 Sep, 2020 02:40am
US dollar net short bets rise this week
Markets

US dollar net short bets rise this week

  • The value of the net short dollar position hit $33.60 billion in the week from net shorts of $30.9 billion the previous week.
  • US dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound.
Published 26 Sep, 2020 02:29am
Cotton futures gain on unfavorable weather, dollar pull-back
Markets

Cotton futures gain on unfavorable weather, dollar pull-back

  • Cotton contracts for December settled up 0.21 cent, or 0.3%, at 65.46 cents per lb, after earlier touching their lowest level since Sept. 11.
  • The dollar was down 0.1% against key rivals after hitting a two-month high earlier in the session on economic recovery concerns.
Published 25 Sep, 2020 02:01am
Dollar loses ground as stocks gain on stimulus hopes
Markets

Dollar loses ground as stocks gain on stimulus hopes

  • We had a very disappointing jobless claims number that emphasizes that more needs to be done.
  • The market's put two plus two together and made five out of it, but if you were really to pressure some of those traders and say do you really believe it,
Published 25 Sep, 2020 01:27am
Stronger dollar and new COVID-19 cases drag metals lower
Markets

Stronger dollar and new COVID-19 cases drag metals lower

  • Investors fretting about the impact of a sharp rise in cases in Europe kept the dollar near two-month highs.
  • Three-month copper on the London Metal Exchange was down 0.8% at $6,551 a tonne at 1650 GMT after touching its lowest since Aug. 18.
Published 24 Sep, 2020 11:53pm
Rupee recovers 26 paisas against dollar
Markets

Rupee recovers 26 paisas against dollar

  • The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 87 paisas and closed at Rs. 193.51 against the last day’s trading of Rs. 194.38.
Published 24 Sep, 2020 05:18pm