Trends - Yen - Business Recorder

Yen

Safe-haven dollar in demand as worries over European lockdowns, US taxes sap risk appetite

The safe-haven yen was broadly stronger, and Australia's dollar - considered a liquid proxy for risk - weakened further on Wednesday.

Published 24 Mar, 2021 11:53am

Markets

Tokyo stocks open lower tracking US falls

The dollar fetched 108.58 yen in early Asian trade, against 108.62 yen in New York late Tuesday.

Published 24 Mar, 2021 11:01am

Markets

Tokyo stocks open lower with eyes on yields

It will take about a month for Renesas to resume operation, the leading business daily Nikkei reported, citing chief executive Hidetoshi Shibata.

Published 22 Mar, 2021 10:28am

Talks on concessional yen-based loans held

ISLAMABAD: Pakistan and Japan on Friday held specific discussions in economic areas to bridge the balance of trade...

Published 20 Mar, 2021 04:39am

Markets

Dollar strengthens amid higher US yields on Fed's lower-for-longer mantra

In the cryptocurrency market, bitcoin weakened to around $56,703 in early Asian trading, seesawing after breifly topping $60,000 again overnight.

Published 19 Mar, 2021 09:54am

Japan will be urged to restore yen-based concessional loans

ISLAMABAD: Pakistan is all set to request Japan to restore yen-based concessional loans and tariff relief on textile...

Updated 19 Mar, 2021 09:32am

Markets

Tokyo's Nikkei closes up more than 1.0%

The dollar fetched 108.84 yen in Asian afternoon trade, against 108.82 yen in New York late Wednesday.

Published 18 Mar, 2021 11:58am

Markets

Australia dollar rises on Fed comments, jobs; NZ dollar shrugs off Q4 data

"A key driver (for the Kiwi) is expected to be a continuation of the global recovery which should see commodity currencies outperform," Westpac analysts said in a note.

Published 18 Mar, 2021 10:59am

Business & Finance

Early trade in New York: Dollar flat to slightly up ahead of Fed guidance

NEW YORK: The US dollar was flat to slightly higher on Wednesday, with 10-year Treasury yields hitting fresh ...

Published 18 Mar, 2021 03:56am

Business & Finance

Dollar rises in Europe

LONDON: The US dollar firmed on Wednesday with 10-year Treasury yields hitting fresh 13-month highs ahead of a...

Published 18 Mar, 2021 03:56am

Markets

China's yuan edges higher, all eyes on FOMC meeting

Rising tensions between Beijing and Washington could also put a damper on the currency's rise.

Published 17 Mar, 2021 11:31am

Markets

Major currencies on hold as investors keep eagle eye on Fed guidance

The dollar index stood at 91.866, having risen for the last three sessions, drawing support mainly from elevated US bond yields on the back of expectations of a strong economic recovery.

Published 17 Mar, 2021 11:27am

Markets

Canadian dollar climbs to 3-year high as investors cover exposure

Canada's inflation report for February is due on Wednesday, which could help guide expectations for the Bank of Canada policy outlook.

Published 17 Mar, 2021 11:19am

Markets

US dollar little changed ahead of Fed meeting outcome

The Australian dollar - seen as a barometer for risk appetite - was down 0.1% at US$0.7747. The New Zealand dollar also slipped 0.1% at US$0.7193.

Published 17 Mar, 2021 11:08am

Markets

Tokyo stocks open lower ahead of US Fed meeting

The figure did not prompt a strong market reaction.

Published 17 Mar, 2021 10:58am

Markets

US dollar advances on investor caution ahead of Fed meeting

The euro weakened 0.2% to $1.1926 after rising last week for the first time in three weeks as latest data showed hedge funds slashed their net euro positions.

Published 16 Mar, 2021 11:07am

Markets

Dollar holds firm in cautious trading before Fed meets

The dollar was little changed at 109.170 yen early in Tuesday's Asian session, after rising as high as 109.365 overnight. The BOJ begins a two-day policy meeting on Thursday, along with an extensive policy review.

Published 16 Mar, 2021 11:03am

Markets

Australia, NZ dollars tread water ahead of Fed policy decision

The three-year government bond futures contract was slightly lower at 99.73 while the 10-year contract was five ticks higher at 98.255.

Published 16 Mar, 2021 11:01am

Markets

Australian shares track Wall St higher; tech, gold stocks gain

Energy stocks, however, fell after oil prices declined. Oil and gas explorers Oil Search and Santos Ltd slipped 0.9% and 1%, respectively.

Published 16 Mar, 2021 10:56am

Markets

Yuan inches higher, investors eye on Fed outcome

But the bank maintained their forecast for the yuan to trade at 6.3 by end-June, before reversing to 6.45 by end-2021.

Published 16 Mar, 2021 10:46am

Markets

Yuan firmer on strong activity data, investors await Fed and Sino-US meeting

Separately, China's central bank rolled over same amount of maturing medium-term loans earlier in the session while keeping the interest rate unchanged for an 11th straight month.

Published 15 Mar, 2021 11:29am

Markets

Tokyo stocks open marginally higher ahead of key data

In Tokyo, e-commerce giant Rakuten skyrocketed 20.72 percent to a day-time upper limit of 1,503 yen and Japan Post gained 1.95 percent to 1,045.5 yen after the companies confirmed reports that the two firms agreed to form a capital alliance.

Published 15 Mar, 2021 10:29am

Markets

South Africa's rand falls but set for weekly gains

But indications from the Federal Reserve that it would tolerate the bond spike, and slower price-growth, have calmed those fears.

Published 12 Mar, 2021 11:20am

Markets

Dollar steadies from one-week lows as bond yields tick up

The oil-linked Canadian dollar was slightly lower at C$1.25 after rising for three straight sessions.

Published 12 Mar, 2021 11:10am

Markets

Safe-haven dollar wallows near one-week low as bond yields retreat

On Thursday, the European Central Bank said it was ready to accelerate money-printing to keep eurozone yields down.

Published 12 Mar, 2021 11:05am

Markets

Yuan briefly hits one-week high, market awaits Fed and Sino-US meeting next week

Chinese diplomats will meet with US officials in Alaska on March 18 and 19, a Chinese foreign ministry spokesman said on Thursday.

Published 12 Mar, 2021 11:01am

Markets

Dollar at one-week lows after benign inflation data

Policymakers have also expressed concern about strength in the euro, although a recent weakening of the currency has lowered expectations about major policy changes.

Published 11 Mar, 2021 12:09pm

Markets

Dollar claws back some losses as US yields stabilise

The euro was 0.2% lower at $1.18810 after bouncing off a 3 1/2-month low of $1.18355 on Tuesday.

Published 10 Mar, 2021 10:53am

Markets

Tokyo stocks open higher on US rallies

Telecoms were also higher, with KDDI rallying 2.31 percent to 3,451 yen and NTT gaining 0.91 percent to 2,813.5 yen.

Published 10 Mar, 2021 10:08am

Markets

Yuan swings sharply higher on heavy dollar selling, PBOC remarks

"In general, we believe the yuan will remains strong against the dollar this year, but the size of appreciation won't be as huge as last year," Wang said.

Published 09 Mar, 2021 12:53pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 6 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 6 Al-Abbas Sugar Mills Limited(AABS)	285.48 ▼ 0.00 (0.00%)
Agro Allianz / Jul 6 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 6 Allied Bank Limited(ABL)	68.07 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 6 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 6 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 6 Attock Cement Pakistan Limited(ACPL)	67.50 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 6 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 6 Al-Abbas Sugar Mills Limited(AABS)	285.48 ▼ 0.00 (0.00%)
Agro Allianz / Jul 6 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 6 Allied Bank Limited(ABL)	68.07 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 6 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 6 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 6 Attock Cement Pakistan Limited(ACPL)	67.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 4	205.00
USD PKR Interbank Buying / Jul 4	204.80
USD to Japanese Yen / Jul 4	135.87
USD to Swiss Franc / Jul 4	0.96
Pound Sterling to USD / Jul 4	1.29
Euro to USD / Jul 4	1.04
UK LIBOR % / Jul 4	1.57

Stock	Volume
S&P 500 / Jul 4	3825.33
India Sensex / Jul 4	53234.77
Tokyo Nikkei / Jul 4	26153.81
Nasdaq / Jul 4	11127.84
Hang Seng / Jul 4	21830.35
FTSE 100 / Jul 4	7232.65
Dow Jones / Jul 4	31097.26
Germany DAX 30 / Jul 4	12773.38
France CAC40 / Jul 4	5954.65

Item	Value
Crude Oil USD/Barrel / Jul 4	110.43
Karachi Cotton PKR/37.32 KG / Jul 4	16880.00
Gold 10 Grams PKR / Jul 4	118900.00
Gold Spot USD/Ounce / Jul 4	1809.29
Cotton US¢/pound / Jul 4	97.48

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