October 30, 2021 FOREIGN-EXCHANGE the markets were once a hotbed of lively speculative activity. But today traders looking for an adrenaline rush should look to assets like cryptocurrencies instead. Barring a brief surge at the start of the pandemic – and isolated events in the Turkish lira – currency markets have been silent. Macro-trading...
Read MoreSumaira FH 1 minute ago Fri 29 October 2021 | 09:25 Current exchange rates in Pakistan on October 29, 2021, Current dollar rate in Pakistan, Latest exchange rates for British Pound, Euro, Saudi Arabian Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange...
Read MoreKey talking points: EUR / GBP ffinds support as traders prepare for ECB and BOE meetings The GBP’s hawkish expectations give way to disappointment EUR / GBP continues to trade on a downtrend, with the pound remaining supported by expectations that the Bank of England will need to step up efforts to reduce monetary...
Read More© Reuters. FILE PHOTO: A money changer holds Turkish Lira banknotes at an exchange office in Ankara, Turkey September 27, 2021. REUTERS / Cagla Gurdogan By Daren Butler ISTANBUL (Reuters) – The Turkish lira fell to a new all-time low of 9.85 on Monday after President Tayyip Erdogan said he ordered the expulsion of...
Read MoreGBP / USD TECHNICAL FORECAST: bullish The expected UK key rates show a rapid rise in rates after November. GBP / USD rally in doubt after questionable forecasts. Sentiment favors the upside in the short term. FUNDAMENTAL CONTEXT BOOK Sterling has been one of the strongest major currencies against the US dollar recent spurred...
Read MoreJPY, EUR / JPY, GBP / JPY, AUD / JPY, CAD / JPY talking points: The Japanese yen has been steadily declining so far in the fourth quarter, matching the theme of rates from the United States. I had looked at the Yen on Monday, planning EUR / JPY pullbacks with an eye on...
Read More* The yen hits a four-year low against the dollar overnight * The Aussie and the Kiwi gain against the dollar * Chart: global exchange rates tmsnrt.rs/2RBWI5E LONDON, Oct. 20 (Reuters) – The dollar stabilized at the start of European trading on Wednesday, after improving global risk appetite saw riskier currencies gain and the...
Read MoreBy Dhirendra Tripathi Investing.com – Virgin Galactic (NYSE 🙂 stock traded below $ 20 for the first time since May 21 after UBS (NYSE 🙂 downgraded it to sell it. The downgrade follows the company’s decision to postpone the launch of its first commercial flight to the fourth quarter of 2022 from the third....
Read More© Reuters. FILE PHOTO: New Japanese Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a press conference in Tokyo, Japan, on October 5, 2021. REUTERS / Kim Kyung-Hoon By Tetsushi Kajimoto TOKYO (Reuters) – Monetary stability is “very important” and the Japanese government will carefully consider...
Read MoreForex trading is a popular trading activity all over the world, thanks to which a lot of information is available for free on this vertical. The problem is that not much of this information is intended for traders in the UAE and this is important because which broker you choose may matter. As a...
Read MoreTalking Points in US Dollars: The US dollar has so far spent October digesting the bullish movement that manifested prominently in late September. This week the focus is on a key report on inflation in the United States with the release of the CPI on Wednesday. With the potential Fed cutback announcement at the...
Read MoreNEW DELHI: On Thursday, the rupee gained some ground against the US dollar after plunging to a nearly six-month low on Wednesday, as global crude oil prices retreated from multi-year highs and some banks foreigners were selling the greenback on behalf of exporters, the dealers said. The national currency stood at 74.7750 per US...
Read MoreThe herald Farirai Machivenyika Senior reporter More and more people illegally smuggling foreign currency will soon be arrested and more financial institutions charged as the government slams the whip against those who drive and manipulate the black market despite the fact that Zimbabwe’s foreign currency inflows are more than enough to purchase all necessary...
Read More© Reuters. By Peter Nurse Investing.com – The dollar traded higher on Wednesday as the safe haven spurred on fears that higher energy prices could translate into higher inflation, prompting the Federal Reserve to tighten monetary policy quickly . At 3:05 am ET (0705 GMT), the Dollar Index, which tracks the greenback against a...
Read MoreInvestors have started this busy trading week with concerns about how central bank policy will change in a broader recovery. They have fallen by more than 300 points and while these declines are often due to signs of economic weakness, potential policy changes in response to recoveries can also weigh on market sentiment. The...
Read MorePresident of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed Hammed Shittu in IlorinEngineer Mansur Ahmed, National President of the Manufacturers Association of Nigeria (MAN), praised the efforts of the federal government to revive the production of goods and services in the country through the recent directive to the Central Bank of Nigeria...
Read MoreDr Akin Ogunbiyi is the Chairman of Mutual Benefits Assurance Plc and was a candidate for Governor of the People’s Democratic Party (PDP) in Osun State in the last election. In this interview with ZAKA KHALIQ, he spoke about the need for the country to close its trade deficit to resolve the volatility of...
Read More© Reuters. FILE PHOTO: A photo illustration shows US $ 100 banknotes taken in Tokyo on August 2, 2011. REUTERS / Yuriko Nakao / File Photo By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) – A crushing dollar rally gathers pace, fueled by a hawkish Federal Reserve tilt, rising Treasury yields and...
Read More(Bloomberg) – Mortgage rates in the United States have crossed 3% for the first time in three months. The average for a 30-year loan was 3.01%, down from 2.88% last week and the highest since June 24. Freddie mac (OTC 🙂 said in a statement Thursday. Historically low borrowing costs have helped fuel the...
Read MoreCRISIL Ratings has upgraded its rating on the long-term banking facilities of Trident Ltd (Trident) to “CRISIL AA / Stable” from “CRISIL AA- / Positive”. The rating of short-term facilities and commercial paper has been reasserted to ‘CRISIL A1 +’. The rating action reflects Trident’s expectation of continued healthy business performance and a strong...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (Price updates) By Iain Withers LONDON, Sept. 29 (Reuters) – The dollar soared on Wednesday and peaked in 2021 against rival currencies, even as disputes in Washington over the US debt ceiling threatened to plunge the government into shutdown. The greenback – the global reserve currency seen as...
Read MoreGold Price Talking Points: Gold prices continued to decline following the FOMC’s rate decision last week. The gold price action has built a descending wedge formation with support around a longer term Fibonacci level. And the bullish flag as a whole remains despite the short to medium term bearish price action being shown. The...
Read MoreST PETER PORT, Guernsey and NEW YORK, September 27, 2021 (GLOBE NEWSWIRE) – Global telephony provider Webtel.mobi (“WM”) – whose system and digital currency TUV make current cryptocurrencies redundant, replace CBDC and provide two fully operational alternatives to the SWIFT system – announced two additional installations in its system, which provide an instantly accessible...
Read MoreMarket indices: It was a volatile week, with big swings, but all 4 indices registered small gains. “Stocks fell on Monday, with major indices falling more than 2% during the worst times of the afternoon session, as investors nervously watched the potential ripple effects of a bank default. large Chinese real estate company, as...
Read MoreFormer Central Bank of Nigeria (CBN) deputy governor Kingsley Moghalu, in his contribution to the exchange rate debate, said the value of the naira would improve dramatically from N 570 / $ 1 to N 400 / $ 1 in the parallel market if a huge amount of dollars is pumped into the foreign...
Read MoreSumaira FH 1 day ago Fri, September 24, 2021 | 09:25 Current exchange rates in Pakistan on September 24, 2021, Current dollar rate in Pakistan, Latest exchange rates for British Pound, Euro, Saudi Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange rates....
Read More© Reuters. Nike profits beat, revenue misses in first quarter By Yasin Ebrahim Investing.com – Nike (NYSE 🙂 posted mixed first-quarter results on Thursday as profits beaten, but revenues fell below expectations as persistent supply chain problems held back sales. Nike shares lost 4.06% in after-hours trading following the report. Nike reported earnings per...
Read MorePosted September 22, 2021 Former Chartered Institute of Bankers of Nigeria President Professor Segun Ajibola said the naira is still strong in the Nigerian economy, adding that an average Nigerian can still feed himself on N500. The Babcock University economics professor spoke on the NTA’s “Good Morning Nigeria” breakfast show on Wednesday, watched by...
Read MoreBy Paulo Trevisani General Mills Inc. said on Wednesday that it expects exchange rates to help increase net sales in fiscal 2022, after increasing revenue in the first quarter. The Minneapolis-based consumer food supplier announced a year-over-year increase in net sales of 4% to $ 4.5 billion in the quarter ended Aug. 29, including...
Read More(Add details, update prices; change signature, date; old LONDON) near a one-month high as global markets rebounded somewhat on Tuesday after a sense of aversion to the risk dominated in the previous session, as investors awaited the results of a two-day Federal Reserve policy meeting. After hitting its highest level since August 23 on...
Read MorePosted September 21, 2021 The naira defied all interventions and continued to slide against other currencies, trading 580 to the dollar in the parallel market on Monday. The rate was N570 / $ on Friday. In another development, the official website of authorized operators of the Bureau of Exchange of the Central Bank of...
Read MoreEconomic developments since the last meeting have raised fears of ‘stagflation’ in the UK, ie slow growth with high inflation. As the main constraint to growth is the supply chain, we don’t expect this to derail the BOC’s monetary policy stance. We expect the central bank to vote unanimously to leave the policy rate...
Read MoreGold Price Talking Points The Federal Reserve interest pricing decision playing September 22 is likely to influence the short-term outlook for the price of gold as the central bank appears to be on track to reduce monetary support. Fundamental Gold Price Forecast: Neutral The price of gold traded at a new monthly low ($...
Read MoreabokiFX, a popular mobile and web platform that collects black market exchange rates in Nigeria, Friday announcement it will temporarily suspend the publication of rates on all its platforms, a few hours after receiving threats from the Central Bank of Nigeria (CBN). The umbrella bank had announced that it would shut down the platform,...
Read More* Comments from head of Brazil’s cenbank worry trader * Chilean markets closed for holiday Friday * Brazilian Vale declares exceptional dividend in first half (adds comments, updates prices throughout) By Susan Mathew and Shreyashi Sanyal Sept. 17 (Reuters) Latin American currencies on Friday with all eyes on the central bank policy meeting next...
Read More(add details) By Chijioke Ohuocha ABUJA, Sept. 17 (Reuters) – Nigeria’s central bank kept its benchmark interest rate unchanged at 11.5% on Friday, its governor said, adding that the bank would seek to flush out illegal traffickers in the forex market . The Nigerian naira has hit new lows in the unofficial market following...
Read MoreThe Philippine peso-US dollar exchange rate would not be affected by the removal of the London Interbank Offered Rate (Libor), which is a benchmark interest rate used in a wide variety of financial transactions, the Bangko Sentral ng Pilipinas ( BSP) insured Thursday. “The stop of the Libor will not affect the US dollar-peso...
Read MoreDynaPay, a bank challenger providing payment accounts, currency exchange and open API banking service for businesses, announces that it has joined the SWIFT network and has obtained its own connected BIC DYPYGB3L. DynaPay will use its SWIFT connectivity to strengthen and improve the experience of cross-border transactions on its correspondent bank networks for DynaPay...
Read MoreThe Central Bank of Nigeria (CBN) argues that there would be a convergence of exchange rates despite the depreciation observed in the black market. CBN Monetary Policy Director Hassan Mahmud said this at a virtual investor conference on Tuesday. He said: “The spot rate is the benchmark rate and I expected several Nigerian exchange...
Read More(Corrects to show euro high of 1.1909, not 1.909) * Dollar falls after U.S. jobs miss * Euro strengthens ahead of ECB meeting next week * Yen shrugs off PM Suga's decision to step down * Graphic: World FX rates tmsnrt.rs/2RBWI5E By Chuck Mikolajczak NEW YORK, Sept 3 (Reuters) - The dollar weakened further...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Chuck Mikolajczak NEW YORK, September 1 (Reuters) – The dollar fell against a basket of major currencies on Wednesday after a labor market report US fell well below expectations, while the euro held close to a one-month high on inflation concerns. The greenback worsened the losses after...
Read MoreSumaira FH 8 hours ago Sat, Aug 28, 2021 | 09:25 Current exchange rates in Pakistan on August 28, 2021, Current dollar rate in Pakistan, Latest exchange rates of British Pound, Euro, Saudi Arabian Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange...
Read MoreGold Price in India ( ??47660) has increased since yesterday ( ??47650). In addition, it was higher than the average price of gold observed this week ( ??47358.6) by 0.64%. Although the price of gold today in the world market (1816.7) as well as in the Indian market ( ??47660) has grown, the gold...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Saikat Chatterjee LONDON, Aug.23 (Reuters) – The US dollar slipped against rivals on Monday in a profit-taking after posting its biggest weekly gain in more than two months last week, fueled by concerns about the outlook for global growth. The main source of investor concern is the...
Read MoreOver-the-counter foreign exchange transactions for investors and exporters fell 24.56 percent last week, according to FMDQ Securities Exchange Limited. The Central Bank of Nigeria had, in April 2017, amid a severe currency shortage, established the I&E window with the aim of increasing liquidity in the foreign exchange market and ensuring timely execution and settlement....
Read MoreThe enthusiasm for the entry into force of the long-awaited Petroleum Industry Law has sparked a new wave of optimism that the planned wave of investment in the petroleum sector and the planned removal of fuel subsidies will boost simultaneously the supply of currencies and will reduce market pressure. , reports Festus Akanbi For...
Read MoreSpot gold prices have not seen any change since yesterday ( ??46280) and also, it was comparable to the average price of gold observed this week ( ??46601.4). Although the world price of gold ($ 1,816.7) rose 0.18%, the spot price of gold is the same in the Indian market ( ??46280). Gold and...
Read MoreLONDON (Reuters) – The dollar headed towards this year’s high against the euro on Wednesday and hit a five-week high against the yen ahead of U.S. inflation data, with a significant number making potentially pressure on the Federal Reserve to withdraw political support. FILE PHOTO: A US dollar and a Chinese yuan can be...
Read MoreMUMBAI: Stopping its winning run of five sessions, the rupee fell 11 paise on Monday to close at 74.26 against the US dollar, following the firm US dollar. In the interbank forex market, the national currency opened at 74.21 against the greenback and slipped further to close at 74.26, recording an 11 paise decline...
Read MoreGold technical forecast: neutral The golden bears were on the prowl again after a very good report on non-farm wages. Prices hold at a big support point, but a failed breakout at a key point causes gold prices to take a more bearish tone. TThe analysis contained in the article is based on Price...
Read MorePOSITIVE JOB GROWTH IN US AS NFP IMPRESSIONS BEYOND EXPECTATIONS Employment data improved compared to estimates (see timeline below) with both NFP and unemployment rates improved slightly. While inflation concerns have been largely dismissed by market participants, recent disappointing employment data has been in the spotlight. Now that employment data is showing signs of...
Read MoreBy Peter Nurse Investing.com – The dollar fell slightly on Wednesday, staying close to recent lows ahead of the release of key US employment data that could guide the Federal Reserve’s monetary policy thinking. At 02:55 ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was...
Read More* Dollar under pressure against safe haven currencies as yields decline * ISM lower than expected, Delta variant feared to undermine risk appetite * Aussie jumps after RBA sticks to bond cut plan * Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Ritvik Carvalho LONDON, Aug. 3 (Reuters) – The New Zealand dollar and Australian dollar...
Read More© Reuters. FILE PHOTO: A view shows the headquarters of the Central Bank of Russia in Moscow, Russia on February 22, 2018. REUTERS / Sergei Karpukhin MOSCOW (Reuters) – Russian central bank governor Elvira Nabiullina spoke at an online press conference after the central bank raised its policy rate to 6.50% on Friday. Here...
Read MoreLONDON (Reuters) – The dollar was expected to end the week with small gains after a few choppy days where currencies were rocked by a shifting risk appetite, with the market now focusing on the US Federal Reserve meeting next week. FILE PHOTO: A US dollar bank note is seen in this illustration taken...
Read MoreBy Paulo Trevisani Foreign exchange rates had a mostly positive impact on Tarkett SA’s results in the first half of the year. The French supplier of flooring products said on Tuesday that its profit before interest and taxes was 30.2 million euros ($ 35.58 million), or 37.9 million euros on a adjusted. Full results...
Read MoreExpansion method for valuing forex options under stochastic volatility and interest rates – Journal of Computational Finance Approximation formula for pricing options in the Heston-Hull-White model Asymptotic development up to the second order based on the Malliavin calculus Control variant improving accuracy for high volatility volatility Precision numerically comparable with another method using the...
Read More© Reuters. Wall Street’s new fear is that the economy has already peaked (Bloomberg) – Investment strategists are starting to envision a new bearish scenario: The economy has already hit its speed limit. With the fierce spread of the delta variant of Covid-19 and central banks already talking about tightening monetary policy to bring...
Read MoreFundamental Euro Forecast: Bearish The Governing Council of the European Central Bank will announce next Thursday its latest decision on monetary policy in the euro area and everything indicates that it will be one of the last major central banks to tighten its policy after the crisis caused by the pandemic of coronavirus and...
Read MoreFundamental Forecast for Australian Dollar: Bearish the the third week of July brings a calmer economic calendar for Australia; there are no events rated “high” on the DailyFX economic calendar. TThe Citi Economic Surprise Index for Australia, a measure of how data changes over time, closed the week at +35.8, slightly below its closing...
Read MoreHere are the main highlights from the BOJ’s quarterly outlook report, released on Friday alongside the monetary policy statement. The Japanese economy is expected to recover although activity remains weak from pre-pandemic levels. Consumer inflation in Japan is expected to hover around 0% for now. Consumer inflation in Japan is expected to gradually accelerate...
Read MoreCentral Bank of Turkey leaves policy rate unchanged at 19%, in line with market expectations Monetary policy statement retains a slightly hawkish bias, but investors appear unconvinced USD / TRY Declines Slightly Following CBRT Rate Decision Most read: USD / MXN surges on sizzling US inflation. Will traders mitigate this movement? The Central Bank...
Read More(Addition of price movements in parallel foreign exchange markets) BUENOS AIRES, July 12 (Reuters) – Argentina’s securities regulator on Monday tightened rules on some bond transactions, lowering a weekly limit on trading in local and international bonds as part of a broader crackdown on channels alternatives used to access currencies. The measure of the...
Read MoreElectric energy meter measuring energy consumption. The cost of electricity will rise this month after the Energy and Petroleum Regulatory Authority (Epra) yesterday increased the foreign currency component of the electricity bill. The adjustment for exchange rate fluctuations rose in the review announced on Friday to 1.16 shillings per unit of electricity consumers...
Read MoreUSD / CAD eased on Friday as the Canadian dollar gained ground following the better-than-expected jobs report. The dollar fell against most major currencies, despite rising US Treasury yields. The Canadian economy created 230,700 jobs in June as restrictions aimed at slowing the pandemic were lifted across the country. After recovering by more than...
Read MoreThe former boss of a City of London business raided by police in 2015 has been charged in connection with an alleged £ 50million fraud targeting the UK’s Nepalese community. Anthony Constantinou, son of murdered fashion mogul Aristos Constantinou, was remanded in custody pending a court hearing later this month, according to City of...
Read More* Fall of Latam FX, EMFX lag * Bolsonaro from Brazil involved in alleged corruption scheme * Colombian markets have also been closed for holidays * Petrobras increases fuel prices; Stocks Fall (Price Updates) By Ambar Warrick and Susan Mathew July 5 (Reuters) – Latin American currencies fell on Monday, lagging behind their broader...
Read MoreWhat trends should we look for if we are to identify stocks that can multiply in value over the long term? First, we will want to see a return on capital employed (ROCE) which increases and, on the other hand, a based capital employed. Basically, it means that a business has profitable initiatives that...
Read MoreGlobal Forex Market INVESTORS ‘appetite for risk in global markets was mixed during the week amid end of month / quarter flows. Investors were watching a series of US Tier 1 data releases to gauge the direction of US interest rates and inflation expectations. The dollar dominated the forex market due to favorable risk...
Read MoreWhat to know on Wednesday July 2: The US dollar started the month on a solid footing after closing its best month in 4.5 years. On Thursday, ahead of the much-anticipated Non-Farm Wages report, the dollar hit three-month highs, but traded in narrow ranges as traders brace for whether the Federal Reserve will begin...
Read More* Chart: World exchange rates in 2020 http://tmsnrt.rs/2egbfVh * Chart: Trade-weighted pound sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv LONDON, June 30 (Reuters) – The pound fell slightly at the start of London trading on Wednesday as investors waited to see whether Britain and the European Union would agree to extend the exemption from customs controls...
Read More* Chart: World exchange rates in 2020 tmsnrt.rs/2egbfVh * Chart: Trade-weighted pound sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Add chart, update in depth) LONDON, June 28 (Reuters) – The pound sterling rose slightly on Monday after new UK Minister of Health Sajid Javid said he wanted all COVID-19 restrictions lifted as soon as possible. Javid...
Read MoreIllustration: Ramandeep Kaur / ThePrint Text size: A- A + The Reserve Bank of India‘s (RBI) foreign exchange reserves have risen sharply, new data suggests. Since April 2020, the RBI’s dollar reserves have increased by more than $ 100 billion to now stand at $ 608 billion, making India the fifth largest country with...
Read More(Add quotes and strategist details, update prices) * The Canadian dollar strengthens 0.2% against the greenback * For the week, the loonie gains 1.3% * The price of US oil Settles 1% at $ 74.05 per barrel * Canadian 10-year yield increases 4.4 basis points to 1.460% By Fergal Smith TORONTO, June 25 (Reuters)...
Read More* The Canadian dollar strengthens by 0.2% against the greenback * For the week, the loonie is on track to increase by 1.4% * The price of US oil increases by 0.3% * The yield 10-year Canadian dollar drops about half a basis point to 1.410% TORONTO, June 25 (Reuters) – The Canadian dollar...
Read MoreBritish Pound Exchange Rate Outlook The exchange rate of the British pound against the dollar (GBP / USD) moved closer to the 1.40 handle mid-week before retreating. Trading at 1.3960, Cable’s momentum was largely supported by a struggling US dollar. On the data front, the news is mixed as Manufacturing PMIs have beaten, but...
Read MoreHungary’s central bank raised its policy rate for the first time in nearly a decade, with inflation remaining above target. The Monetary Council of Magyar Nemzeti Bank decided on Tuesday to raise the benchmark base rate by 30 basis points to 0.90% from 0.60%. The overnight central bank deposit rate was kept at -0.05%...
Read MoreThe Japanese yen climbed against its main rivals in Monday’s Asian session, as investors weighed the impact of a hawkish US Federal Reserve shift and focused on upcoming economic data and policymaker commentary policies for more clues about when to cut and the potential rate. hiking. Comments by St. Louis Fed Chairman James Bullard...
Read MoreSilver prices attempted to move up in tandem with gold, but were unable to gain ground and closed around the opening of the trading session. The trend is downward. Silver prices closed down 7.23% for the week. This decline followed the fall in silver prices on Thursday, breaking through support levels. The dollar continued...
Read MoreJust three months earlier, the clear majority of policymakers were in favor of leaving the current level of borrowing costs unchanged; The central bank‘s Quarterly Summary of Economic Projections (SEP) on Wednesday showed that 11 of the 18 Fed policymakers were planning at least two quarter-percentage point rate hikes by the end of 2023....
Read MoreTurkey’s central bank kept its policy rates on hold for the third month in a row, as currency weakness and high commodity prices weighed on the inflation outlook. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, headed by Sahap Kavcioglu, has decided to keep the one-week repo rate at...
Read MoreBANK OF GHANA NOTICE TO ALL AUTHORIZED DEALERS OPINION N ° BG / FMD / 2021/42 FOREX RATE AUCTION RESULTS NO. 0043/2021/012 HELD ON TUESDAY JUNE 15, 2021 FORWARD RATE AUCTION RESULTS ON FX 0043/2021/012 OFFERS SUBMITTED BY BANKS AUCTION DECISION TENOR NO. AUCTION RANGE OF PRICES SUBMITTED AMOUNT US $ NO. AUCTION ACCEPTED...
Read MoreSubscribe to the New Economy Daily newsletter, follow us @economy and subscribe to our Podcast. For the For policymakers at the Swiss National Bank, a surge in inflation seems a distant phenomenon. While officials at the European Central Bank and Federal Reserve have scrambled to highlight how much a rise in consumer prices is...
Read MoreBy Susan Mathew June 14 (Reuters) – The Turkish lira jumped 1% on Monday ahead of a meeting between President Tayyip Erdogan and his US counterpart, as a developing market currency index was on course for its worst session in addition to six weeks as the dollar strengthened. The MSCI Emerging Currency Index fell...
Read MoreMortgage rates fell for the 2sd time in 4 weeks in the week ending in 10e June. Reversing a 4 basis point increase from the previous week, 30-year fixed rates fell 3 basis points to 2.96%. The modest drop in mortgage rates left 30-year fixed rates below 3% for a 3rd consecutive week. Compared...
Read MoreGlobal Forex Market Volatility in global markets has been sucked in, leaving major currencies in a limited range as investors stepped aside ahead of Thursday’s development – May US CPI print and Central Bank monetary meeting European Union (ECB). Post-event risk seemed to add new direction to the currency market. Investors saw the U.S....
Read More(Add quotes and strategist details; update prices) * Canadian dollar weakens 0.6% against greenback * Loonie hits 4-week low at 1.2177 * Oil hits multi-year high at $ 71.24 per barrel * Canadian 10-year yield peaks Three-month low By Fergal Smith TORONTO, June 11 (Reuters) – The Canadian dollar has weakened to a four-week...
Read MoreThe dollar index was down slightly on Thursday in a choppy session in which it alternated between losses and gains as investors digested high US inflation data and comments from the European Central Bank. After taking a wait-and-see stance all week, sucking market volatility and leaving major currencies mostly in ranges, Thursday’s news seemed...
Read More* Trade in a range before inflation and the ECB * DXY at 90.107, EUR / USD standing below $ 1.22 * The dollar is seen as vulnerable to inflationary surprises on either side * Chart: Global exchange rates https : //tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, Jun 9 (Reuters) – The dollar held on...
Read MoreTOKYO (Reuters) – The US dollar was moderate on Tuesday as investors looked at expected US inflation data later in the week after weaker-than-expected employment data eased expectations for an early slowdown in the Federal Reserve’s stimulus package. FILE PHOTO: A US five dollar bill is seen in this illustration photo on June 1,...
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