Trends - Yen - Business Recorder

Yen

Asia stocks up, US bond yields down as inflation fears ease

The 30-year yield touched 2.1270%, its lowest level since Feb. 26.

Published 11 Jun, 2021 01:44pm

Markets

High-flying South African rand set for first red week in four

The country still suffers from chronic unemployment, and we still can't see a strong argument for an accelerated recovery that would propel core inflation beyond the SARB's comfort zone.

Published 11 Jun, 2021 12:35pm

Markets

Yuan up slightly as markets take US inflation spike in stride

"PBOC Governor Yi Gang reaffirmed that the current level of accommodation is appropriate," Win Thin, global head of currency strategy at Brown Brothers Harriman, said in a note.

Published 11 Jun, 2021 11:08am

Markets

Dollar marooned as investors shrug off inflation spike

Ahead of the onshore trading band fix, China's yuan was steady at 6.3853 per dollar offshore.

Published 11 Jun, 2021 11:05am

Markets

South Africa's rand falls ahead of US CPI, local data

On the domestic front, investors await April mining and manufacturing figures due later in the day for clues on the health of the economy at the start of the second quarter.

Published 10 Jun, 2021 12:34pm

Markets

Two-way yuan volatility will become normal, says FX regulator head

Global markets have "detached from economic fundamentals, vulnerability has increased...it could lead to a rise in global risk aversion and changes to cross-border capital flows," Pan warned.

Published 10 Jun, 2021 11:07am

Markets

Dollar stuck near 5-month low as caution reigns ahead of US CPI, ECB tests

The best-known digital token has struggled since reaching a record $64,895.22 in mid-April.

Published 10 Jun, 2021 11:05am

Markets

Tokyo stocks open lower ahead of key US data, ECB

The US consumer price data due later in the day could either exacerbate or mitigate inflation worries, analysts said.

Published 10 Jun, 2021 10:43am

Markets

Asia markets rise with key events on horizon

The release Thursday of May's consumer price index is now crucial, with warnings that a big miss to the upside of the 4.7 percent forecast would ramp up expectations of policy tightening.

Published 10 Jun, 2021 10:00am

Markets

Yuan edges higher in thin trade, market awaits US inflation data

By midday, the global dollar index fell to 90.085 from the previous close of 90.127, while the offshore yuan was trading at 6.3942 per dollar.

Published 09 Jun, 2021 01:05pm

Markets

Dollar teeters as inflation test looms

The ECB is expected to keep policy settings steady, but the euro is likely to be sensitive to changes in the bank's economic forecasts or any signal that the pace of bond buying could be reduced in months ahead.

Published 09 Jun, 2021 12:06pm

Markets

Stronger midpoint lifts China's yuan ahead of US inflation data

Surging demand for raw materials lifted growth in China's imports to its fastest pace in 10 years in May, although export growth slowed more than expected as COVID-19 cases disrupted major ports.

Published 08 Jun, 2021 11:03am

Markets

Dollar edges up, recovering from jobs miss

At 0715 GMT, the dollar index was up 0.2% on the day at 90.283. The euro was down 0.2% against the dollar, at $1.21465.

Published 07 Jun, 2021 01:13pm

Markets

Dented by jobs miss, dollar teeters ahead of CPI

Also this week is Chinese trade balance data, which could give a reading on the fundamental forces behind the yuan's rapid rise, while the market's focus for the ECB is on whether the bank adjusts the pace of its bond buying programme.

Published 07 Jun, 2021 11:21am

Markets

Dollar jumps as strong run of data turns all eyes to payrolls

The US dollar index, which measures the greenback against a basket of six major currencies, rose 0.7% on Thursday to stand at a three-week high of 90.574 on Friday.

Published 04 Jun, 2021 10:41am

Markets

Dollar on tenterhooks as payrolls test looms

Indeed speculators in March flipped rapidly into short yen positions and Japanese currency has been the biggest major loser against the dollar during 2021, dropping almost 6%.

Published 03 Jun, 2021 12:17pm

Markets

Australia, NZ dollars locked in limbo, ponder RBA policy scenarios

Markets have spent all week hanging on the May payrolls report and the outcome will likely unleash major moves no matter what it reveals.

Published 03 Jun, 2021 12:15pm

Markets

Long bets on yuan near six-month high; ringgit bears firm

Investors also remained short on the Thai baht. Thailand has seen the death toll from the virus rise ten-fold over two months.

Published 03 Jun, 2021 12:13pm

Markets

Dollar gets respite as US manufacturing picks up, jobs report awaited

Those employment shortcomings will be front and centre of investors' minds on Friday with the release of nonfarm payrolls numbers for May, after April's much-weaker-than-expected reading sent the dollar index slumping 0.7% on May 7.

Published 02 Jun, 2021 02:59pm

Markets

China's yuan kept in check by weaker midpoint guidance, eyes on PBOC

The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 97.84, weaker than the previous day's 97.88.

Published 02 Jun, 2021 11:55am

Markets

Dollar edges up on manufacturing data after initial softness

The offshore yuan was at 6.3817, up 0.11% on the day.

Published 02 Jun, 2021 11:54am

Markets

Australia, NZ dollars stuck in a rut, strong data no help

"It is clearly are more hawkish sign as we head into the July meeting," said Damien McColough, head of rates strategy at Westpac.

Published 02 Jun, 2021 11:52am

Markets

Dollar gets respite from pick up in US manufacturing before jobs report

The dollar initially traded lower on the report, in which ISM said manufacturing's growth potential continued to be hampered by worker absenteeism and temporary shutdowns because of shortages of parts and labor.

Published 02 Jun, 2021 11:51am

Markets

Loonie extends monthly win streak as Canadian vaccinations climb

For May, it was up 1.9%, extending a string of monthly gains that started in February.

Published 01 Jun, 2021 11:58am

Markets

Australian dollar dips as RBA stays dovish in face of strong data

The case for some sort of tapering was enhanced by data, which showed growth was likely stronger than many expected in the first quarter, while super-low rates are fuelling a boom in house prices and borrowing.

Published 01 Jun, 2021 11:56am

Markets

Dollar in doldrums as traders ponder Fed policy path; sterling soars

That includes a drop to $1.24 per euro by the end of this month, extending to $1.32 by the middle of next year.

Published 01 Jun, 2021 11:51am

Markets

South Africa's rand firmer as dollar takes a break

"This could widen spreads and increase intraday volatility in the event of a market shock, especially as month-end flows come into play."

Published 31 May, 2021 02:33pm

Markets

Rouble retreats from 2-1/2 month peak vs dollar

Versus the euro, the rouble was 0.2% weaker at 89.42.

Published 31 May, 2021 02:19pm

Markets

China officials talk down buoyant yuan as basket hits 5-year high

"Some had purchased dollars mid-month, but these flows are not over yet. Some companies are monitoring the market and waiting for better prices."

Published 31 May, 2021 11:26am

Markets

China lifts yuan midpoint to new 3 year high, basket index at highest since 2016

The People's Bank of China (PBOC) set the midpoint rate at 6.3682 per dollar prior to the market open.

Published 31 May, 2021 11:24am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Jun 13 786 Investments Limited(786)	11.08 ▼ 0.00 (0.00%)
AL- Abbas / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	364.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	71.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	775.02 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 13 Attock Cement Pakistan Limited(ACPL)	177.17 ▼ 0.00 (0.00%)
Adam Sugar / Jun 13 Adam Sugar Mills Limited(ADAMS)	25.70 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jun 13 786 Investments Limited(786)	11.08 ▼ 0.00 (0.00%)
AL- Abbas / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	364.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	71.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	775.02 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 13 Attock Cement Pakistan Limited(ACPL)	177.17 ▼ 0.00 (0.00%)
Adam Sugar / Jun 13 Adam Sugar Mills Limited(ADAMS)	25.70 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 11	155.85
USD PKR Interbank Buying / Jun 11	155.75
USD to Japanese Yen / Jun 11	109.66
USD to Swiss Franc / Jun 11	0.90
Pound Sterling to USD / Jun 11	1.41
Euro to USD / Jun 11	1.21
UK LIBOR % / Jun 11	0.06

Stock	Volume
S&P 500 / Jun 11	4247.44
India Sensex / Jun 11	52474.76
Tokyo Nikkei / Jun 11	28948.73
Nasdaq / Jun 11	14069.43
Hang Seng / Jun 11	28842.13
FTSE 100 / Jun 11	7134.06
Dow Jones / Jun 11	34479.60
Germany DAX 30 / Jun 11	15693.27
France CAC40 / Jun 11	6600.66

Item	Value
Crude Oil / Jun 11	70.91
Karachi Cotton Assoc. / Jun 11	12300.00
Gold 10 Grams / Jun 11	89163.00
Gold Spot / Jun 11	1879.60
Cotton / Jun 11	87.92

Yen

Asia stocks up, US bond yields down as inflation fears ease

High-flying South African rand set for first red week in four

Yuan up slightly as markets take US inflation spike in stride

Dollar marooned as investors shrug off inflation spike

South Africa's rand falls ahead of US CPI, local data

Two-way yuan volatility will become normal, says FX regulator head

Dollar stuck near 5-month low as caution reigns ahead of US CPI, ECB tests

Tokyo stocks open lower ahead of key US data, ECB

Asia markets rise with key events on horizon

Yuan edges higher in thin trade, market awaits US inflation data

Dollar teeters as inflation test looms

Stronger midpoint lifts China's yuan ahead of US inflation data

Dollar edges up, recovering from jobs miss

Dented by jobs miss, dollar teeters ahead of CPI

Dollar jumps as strong run of data turns all eyes to payrolls

Dollar on tenterhooks as payrolls test looms

Australia, NZ dollars locked in limbo, ponder RBA policy scenarios

Long bets on yuan near six-month high; ringgit bears firm

Dollar gets respite as US manufacturing picks up, jobs report awaited

China's yuan kept in check by weaker midpoint guidance, eyes on PBOC

Dollar edges up on manufacturing data after initial softness

Australia, NZ dollars stuck in a rut, strong data no help

Dollar gets respite from pick up in US manufacturing before jobs report

Loonie extends monthly win streak as Canadian vaccinations climb

Australian dollar dips as RBA stays dovish in face of strong data

Dollar in doldrums as traders ponder Fed policy path; sterling soars

South Africa's rand firmer as dollar takes a break

Rouble retreats from 2-1/2 month peak vs dollar

China officials talk down buoyant yuan as basket hits 5-year high

China lifts yuan midpoint to new 3 year high, basket index at highest since 2016

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