Trends - forex - Business Recorder

forex

Rupee sheds 20 paisas against dollar

The buying and selling rates of dollar were recorded at Rs165.8 and Rs 166.5 respectively.

Published 14 Sep, 2020 07:54pm

Markets

Canadian dollar firms as vaccine hopes boosts equity markets

Canadian dollar rises 0.1% against the greenback.
Loonie trades in a range of 1.3154 to 1.3196.
Price of US oil decreases nearly 1%.
Canadian bond yields ease across the curve.

Published 14 Sep, 2020 07:05pm

Markets

Turkish lira near record lows after Moody's downgrade

The ratings agency said Turkey's external vulnerabilities are likely to result in a balance of payments crisis.
Turkey's prospects have materially weakened. The possibility of a funding shock continues to be the key risk facing the Turkish economy.

Published 14 Sep, 2020 04:59pm

Markets

Dollar sinks as equity market mood lifts, Fed in view

Suga set to succeed Abe as Japan PM, focus turns to new cabinet.
Dollar under pressure ahead of Fed policy meeting outcome on Wed.

Published 14 Sep, 2020 04:47pm

Markets

Dollar net shorts slip

NEW YORK: US dollar net shorts slipped for a second straight week, according to calculations by Reuters and ...

Published 14 Sep, 2020 02:36am

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (September 11, 2020). ======================== Bid Rate...

Published 12 Sep, 2020 02:43am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (September 11, 2020)....

Published 12 Sep, 2020 02:43am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (September 11,...

Published 12 Sep, 2020 02:43am

Markets

Early trade in New York: Euro advances against dollar

NEW YORK: The euro rose for a third straight session against the dollar on Friday, with investors encouraged to push...

Published 12 Sep, 2020 02:43am

Markets

Canadian dollar steady but on track to end weekly win streak

Canadian dollar trades near flat against greenback.
Loonie on track to fall 1% for the week.
Canadian industrial capacity tumbles to 70.3% in Q2.
Canadian government bond yields were little changed.

Published 11 Sep, 2020 08:19pm

Business & Finance

Nissan to issue $8bn in dollar-denominated debt

The bond sale marks Nissan's first dollar-denominated debt issuance since its capital alliance with France's Renault SA in 1999.
Later on Friday IFR reported Nissan would sell some 2 billion euros ($2.37 billion) in euro-denominated debt.

Published 11 Sep, 2020 06:13pm

Markets

Euro firms as ECB policymakers calm worries; Norwegian crown shoots up

Nokkie up 0.8% vs dlr after better economic projections.
Dollar index poised for second week of gains on equity falls.
Sterling reaches new 5-1/2-month low vs euro on Brexit fears.

Published 11 Sep, 2020 05:26pm

Markets

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (September 10, 2020). ======================== Bid ...

Published 11 Sep, 2020 02:42am

Markets

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 10, 2020)....

Published 11 Sep, 2020 02:42am

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (September 10,...

Published 11 Sep, 2020 02:42am

Business & Finance

Sterling sinks against euro, dollar

LONDON: The pound fell 1.7% to hit a more than five-month low against a rising euro on Thursday, weighed down by...

Published 11 Sep, 2020 02:42am

Markets

Early trade in New York: Euro climbs against dollar

NEW YORK: The euro raced to a one-week high against the dollar on Thursday, after European Central Bank President...

Published 11 Sep, 2020 02:42am

Markets

Gold jumps as dollar retreats post US jobs data, ECB decision

ECB keeps policy unchanged.
Dollar slips from 4-week high.
Spot gold may rise more to $1,965/oz – technicals.

Updated 10 Sep, 2020 08:55pm

Markets

Rouble breaks through 75 against dollar as central bank confirms FX sales

The rouble did not react to what VTB Capital analysts described as the key event of the week.
Alor Broker analyst Alexei Antonov warned that another aggravation of relations between Russia and the West could lead to a strong fall in the Russian currency.

Published 10 Sep, 2020 08:10pm

Markets

Canadian dollar steadies ahead of Macklem speech, as oil falls

Canadian dollar trades near flat against the greenback.
Price of US oil decreases 2%.
Canadian bond yields edge higher across the curve.
Moody's revises the outlook on Saskatchewan to negative.

Published 10 Sep, 2020 07:22pm

Markets

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (September 9,...