Europe Forex - Markets - Business Recorder

Forex

Sterling slips from recent highs as rate hike rally steadies

LONDON: The pound slid against the euro and edged down slightly against the dollar on Thursday as traders assessed...

Published 18 Nov, 2021 08:32pm

Europe Forex

Euro rebounds off 16-month low as dollar surge pauses

LONDON: The euro rebounded on Thursday away from 16-month lows versus the dollar as traders assessed whether the ...

Published 18 Nov, 2021 05:37pm

Forex

Sterling rises after UK jobs rise eases BoE's worries

LONDON: The pound rose on Tuesday as traders bet some of the Bank of England's concerns about the risks of raising...

Updated 16 Nov, 2021 09:20pm

Forex

Rouble falls past 73 vs dollar as geopolitical woes mount

MOSCOW: The Russian rouble fell past 73 versus the dollar on Tuesday, taking a hit from mounting geopolitical...

Published 16 Nov, 2021 06:47pm

Forex

Euro extends losses to new 16-month low; Bitcoin falls below $60,000

LONDON: The euro fell to a new 16-month low versus the dollar on Tuesday, while Asian currencies gave up their gains...

Published 16 Nov, 2021 06:17pm

Forex

Dollar near 16-month high versus euro ahead of US retail sales data

LONDON: The dollar held just below a 16-month high versus the euro on Tuesday, while the yuan reached its strongest...

Published 16 Nov, 2021 05:07pm

Forex

Sterling steady as investors focus on Brexit impasse over N. Ireland

LONDON: The pound was steady in early trading on Monday, lagging behind other risk-related currencies, as investors...

Updated 15 Nov, 2021 03:18pm

Forex

Rouble recovers from steep losses, stocks up

MOSCOW: The Russian rouble firmed on Monday, recovering from a steep drop on Friday that was driven by concerns over...

Updated 15 Nov, 2021 02:08pm

Financial

Russian rouble firms vs dollar to strongest level since early March

 Oil prices rose on Thursday, erasing earlier losses, on signs US gasoline demand is rising despite a big surprise b

Published 28 May, 2020 08:57pm

Financial

Euro creeps higher on EU recovery fund optimism

 Under the proposal, the EU Commission will disburse two-thirds of the funds in grants and the rest in loans to cush

Published 28 May, 2020 10:30am

Financial

Rouble steady as central bank support offsets low oil prices

 The rouble was nearly flat against the dollar at 71.06 and had lost 0.1pc to trade at 78.22 versus the euro. 
 T

Published 28 May, 2020 10:16am

Financial

Rouble dragged down by lower oil prices

 The rouble was 0.6pc weaker against the dollar at 71.22 and had lost 0.7pc to trade at 78.29 versus the euro.

Published 27 May, 2020 03:03pm

Financial

Sterling falls as concerns persist over negative rates, Brexit

 The pound was last down 0.7pc at $1.2253, losing nearly all Tuesday's gains. It dropped 0.7pc versus the euro to 89

Published 27 May, 2020 02:59pm

Financial

Euro rallies on EU recovery fund proposals, yuan falls

 The euro rose as high as $1.1031 before falling to $1.1017, still up 0.3pc. 
 The dollar, previously higher agai

Published 27 May, 2020 01:37pm

Financial

Dollar gains and yuan hits 9-month low as US-China tensions return

 The US currency had fallen sharply on Tuesday as strong risk appetite encouraged investors into riskier currencies,

Published 27 May, 2020 11:40am

Financial

Rouble slips on risk-off sentiment, bond auctions in focus

 The rouble was 0.5pc weaker against the dollar at 71.16 and had lost 0.3pc to trade at 78.03 versus the euro.

Published 27 May, 2020 11:25am

Financial

Sterling retreats as concern over negative rates lingers

 Bank of England Chief Economist Andy Haldane on Tuesday played down the prospect of imminently taking rates into ne

Published 27 May, 2020 11:17am

Financial

Russian rouble firms on rise in oil and risk sentiment

 The rouble was 0.8pc stronger against the dollar at 71.08 and had gained 0.5pc to trade at 77.72 versus the euro.

Published 26 May, 2020 11:31am

Financial

Euro, riskier currencies buoyed as investor sentiment improves

 The moves, however, lacked the exuberance of the equities market as Sino-US tensions kept the mood in check. 
 T

Published 26 May, 2020 11:12am

Financial

Sterling rises versus weaker dollar; UK sets out plans to re-open shops

 Against a weaker dollar, the pound was last at a six-day high of $1.2265, up 0.6% since New York's close. 
 The

Published 26 May, 2020 11:03am

Financial

Russian rouble falls on oil price slide and risk aversion

The rouble was 1.3pc weaker against the dollar at 71.89, stepping away from its strongest level since early March o

Published 22 May, 2020 10:06am

Financial

Sterling tumbles on record-low retail data, trade tensions

A drop in inflation fuelled speculation this week that the Bank of England might cut interest rates below zero.

Published 22 May, 2020 09:37am

Financial

Euro set for a fifth consecutive day of gains as optimism builds

The latest economic data again showed the devastating impact of the coronavirus on the euro zone economy but did no

Published 21 May, 2020 03:33pm

Financial

Sterling edges lower as BoE mulls sub-zero rates, PMI data

A drop in inflation fuelled speculation this week that the Bank of England might cut interest rates below zero to b

Published 21 May, 2020 11:28am

Financial

Sterling steady vs dollar, weak vs euro as low UK inflation weighs

The drop in inflation fuelled speculation that the Bank of England (BoE) would cut interest rates below zero to bol

Published 20 May, 2020 04:19pm

Financial

Euro gains on EU common fund proposal; dollar slips

The euro inched up 0.18pc to $1.0945, near a two-week peak of $1.09755 reached on Tuesday. The euro's gains pu

Published 20 May, 2020 10:30am

Financial

Rouble steady before OFZ bond auctions

At 0726 GMT, the rouble was unchanged against the dollar at 72.44 and was flat versus the euro at 79.25. The f

Published 20 May, 2020 10:22am

Financial

Sterling inches lower as UK inflation sinks below 1pc

The pound fell, albeit modestly as the data was broadly in line with economists' expectations. It was last dow

Published 20 May, 2020 09:29am

Financial

Brexit risks and talk of negative rates limit the pound's recovery

The pound's overnight strengthening was small compared with its recent downward trajectory. It is the worst perform

Published 19 May, 2020 04:39pm

Financial

Euro, Italian bonds cheer EU recovery fund plan

MSCI all-country world stocks index at highest since May 1 Euro hovers near 2-week highs, yen weakens against

Published 19 May, 2020 12:44pm

Financial

Dollar firm amid optimism over economic reopening; Norway's crown jumps

"Markets are quietly risk-on overnight," said Adam Cole, chief currency strategist at RBC Capital Markets. The

Published 18 May, 2020 03:18pm

Financial

Currency market liquidity on the rebound, data providers say

Trading volumes in emerging market currencies "are not faring as well", however, and remain at about 45% of pre-cri

Published 18 May, 2020 03:13pm

Financial

Sterling edges lower as Britain serves ultimatum on EU

On top of that, the EU's Brexit negotiator Michel Barnier said that the third round of talks was disappointing.

Published 15 May, 2020 04:43pm

Financial

Russian rouble steady as OFZ bonds prices soar to record highs

Russia's central bank would cut its key interest rate imminently have pushed the yield on the benchmark 10-year OFZ

Published 15 May, 2020 04:29pm

Financial

Sterling recovers against dollar but falls versus euro

Greece, France, Spain, Portugal and Italy have all set out plans to ease lockdown measures in the past few days, bo

Published 29 Apr, 2020 03:17pm

Financial

Russian rouble climbs 1pc after central bank rate cut

Brent crude oil, a global benchmark for Russia's main export, was up 3.8% at $22.12 a barrel. Foreign investor

Published 24 Apr, 2020 12:44pm

Financial

Dollar edges up as overnight optimism proves short-lived; euro falls

The euro has fallen nearly 2pc against the dollar already this month, facing its biggest monthly fall since July la

Published 17 Apr, 2020 12:48pm

Financial

Dollar perched at 1-week highs before US jobless data

Economists forecast US weekly jobless claims of 5.1 million, lifting total filings during the crisis above 20 milli

Published 16 Apr, 2020 01:29pm

Financial

Sterling slips against stronger dollar ahead of UK lockdown extension

Versus a stronger dollar, the pound was down 0.2pc at $1.2487. It fell slightly against the euro, to 87.20 pence.

Published 16 Apr, 2020 01:23pm

Financial

Russian rouble rebounds past 74 to the dollar as oil prices rise

The rouble was 1.1pc stronger against the dollar at 73.97, after losing more than 2pc in the previous trading sessi

Published 16 Apr, 2020 12:37pm

Financial

Rouble, stocks down as oil falls again; OFZ bond auctions in focus

The rouble was down 0.8pc against the dollar at 73.55, after gaining steadily since late March as it recovered from

Published 15 Apr, 2020 01:27pm

Financial

Sterling slips from 1-month highs on broadly resurgent dollar

Versus a broadly firmer dollar, the pound was down as much as 0.9pc, at $1.2514, erasing Tuesday's gains. Brit

Published 15 Apr, 2020 01:15pm

Financial

Dollar set to snap losing streak on growing virus fallout

The US dollar had weakened in the previous four consecutive sessions on cautious optimism that lockdowns were slowi

Published 15 Apr, 2020 11:38am

Financial

Russian rouble lifted by Chinese trade data

The rouble was 0.4pc stronger against the dollar at 73.34 and had gained 0.2pc to trade at 80.14 versus the euro

Published 14 Apr, 2020 11:20am

Financial

Dollar slips as Chinese data improves

The Australian dollar rose to a more than one-month high of 0.6432 per US dollar and was last up 0.5pc. Sterli

Published 14 Apr, 2020 11:18am

Financial

Sterling rises to one-month highs versus dollar, euro

The euro had been hurt by indecision among euro zone governments on an emergency economic package, although a compr

Published 14 Apr, 2020 11:13am

Financial

Russian rouble firms after OPEC+ oil supply deal

The rouble was up 0.3pc against the dollar at 73.51, moving away from a four-year low of 81.97 hit in mid-March.

Published 13 Apr, 2020 02:10pm

Financial

Rouble up after OPEC+ deal to cut output, cenbank governor in focus

The rouble was 0.5pc stronger against the dollar at 73.96, moving away from its weakest level since early 2016 of 8

Published 10 Apr, 2020 02:18pm

Financial

Russian rouble soars to three-week high ahead of OPEC+ meeting

Brent crude oil, a global benchmark for Russia's main export, was up 4.5% at $34.3 a barrel. Foreign investo

Published 09 Apr, 2020 12:30pm

Financial

Pound rises to one-week highs before US data

The BoE said any government borrowing from its Ways and Means facility would be repaid by the end of the year.

Published 09 Apr, 2020 12:29pm

Financial

Forint keeps leading FX gains; zloty down after rate cut

"A wider interest rate corridor allows the central bank's flexibility in controlling the short end of the yield cu

Published 09 Apr, 2020 12:27pm

Financial

Dollar steadies ahead of US jobs data

Economists have forecast weekly US jobless claims of 5.25 million, which would mean claims over just three weeks of

Published 09 Apr, 2020 11:52am

Financial

Dollar firms on rising coronavirus crisis worries

The euro among was the main loser at the greenback's expense, a day after the dollar suffered its worst drop agains

Published 08 Apr, 2020 02:05pm

Financial

Dollar falls, riskier currencies rally on virus lockdown hopes

The dollar was last down 0.6pc versus a basket of currencies , mirroring improved risk sentiment across equity mark

Published 07 Apr, 2020 01:18pm

Financial

Dollar borrowing costs drop to lowest in decade in FX swap markets

These moves indicate recent emergency actions by global central banks have managed to squelch a growing dollar shor

Published 06 Apr, 2020 02:22pm

Financial

Rouble firms on hopes for global oil deal, stocks up

The rouble was 0.1pc stronger against the dollar at 76.38, having briefly hit 76.05, its highest since March 18.

Published 06 Apr, 2020 02:11pm

Financial

Sterling recovers as PM Johnson expected back at his office ‘shortly’

The bounce back came after housing minister Robert Jenrick said Johnson was "doing well" and was expected to be bac

Published 06 Apr, 2020 01:27pm

Financial

Rouble edges up on oil price surge, lockdown concerns in focus

The rouble was up 0.4pc against the dollar at 77.01 and had gained 0.9pc to trade at 83.14 versus the euro. Br

Published 03 Apr, 2020 04:37pm

Financial

Sterling drops as British firms suffer record slump

Sterling was last down 1.5pc at $1.2205, having fallen earlier to its weakest level since Tuesday at $1.2243.

Published 03 Apr, 2020 04:34pm

Financial

Dollar resumes climb as investors bid for safety

Analysts said the euro may also be faltering due to rebalancing by forex reserve managers stocking up on dollars.

Published 03 Apr, 2020 02:00pm

Financial

Dollar maintains gains after weeks of rallying

The euro traded down 0.4pc at $1.0916 as the dollar advanced. The greenback also rose against the Japanese yen

Published 02 Apr, 2020 01:03pm

Financial

Sterling hits 3-week high vs euro, gains on the dollar

The pound was supported by improved risk sentiment on markets, fuelled by rebounding oil prices. Sterling was

Published 02 Apr, 2020 11:29am

Financial

Dollar rallies as investors brace for global downturn

The dollar's status as the world's reserve currency makes it a natural safe haven, as evidence builds of a massive

Published 01 Apr, 2020 02:13pm

Financial

Dollar surges on quarter-end flows; outlook robust

The Chinese yuan was the only currency to buck the trend, holding firm against the dollar in both the onshore and t

Published 31 Mar, 2020 12:46pm

Financial

Rouble falls towards 80 vs dollar as oil drop bites, economic outlook worsens

The rouble had shed 0.6pc of its value against the dollar to 79.39, moving closer to the 81.97 hit earlier this mon

Published 30 Mar, 2020 03:41pm

Financial

Dollar snaps losing streak as jittery investors stick with safety

China's offshore yuan fell after the Chinese central bank cut a key interbank interest rate. The dollar index

Published 30 Mar, 2020 03:03pm

Financial

Dollar on track for biggest weekly fall in a decade

The dollar had been riding high in March amid a drive for dollars by investors trying to get their hands on the wor

Published 27 Mar, 2020 11:57am

Financial

Russian rouble slides with falling oil ahead of U.S jobless data

The rouble was 0.3pc weaker against the dollar at 78.49 and had lost 0.9pc to trade at 85.84 versus the euro.

Published 26 Mar, 2020 01:55pm

Financial

Dollar slips ahead of expected surge in US jobless claims due to coronavirus

The dollar shed 0.6pc of its value against the euro to trade at $1.0947, having earlier touched a one-week low of $

Published 26 Mar, 2020 11:44am

Financial

Sterling extends gains vs dollar ahead of BoE meeting

The BoE, which made two emergency rate cuts and ramped up its bond-buying programme this month, publishes its lates

Published 26 Mar, 2020 11:41am

Financial

Sterling jumps on dollar weakness, equities rally

The pound was last trading up 1.4pc at $1.1936, having hit earlier a one-week high of $1.1971. Against the eur

Published 25 Mar, 2020 12:31pm

Financial

Dollar slips on $2 trillion US plan, 'riskier' currencies gain

The export-exposed Australian dollar and Norwegian crown made sharp gains, while sterling also rallied from the low

Published 25 Mar, 2020 12:26pm

Financial

Rouble up from 4-yr lows, stocks gain as oil recovers

The rouble was 0.9pc stronger against the dollar at 78.88, trading near its weakest since late January 2016 of 81.9

Published 24 Mar, 2020 12:57pm

Financial

Dollar falls for a second day on Fed stimulus

Against a basket of its rivals, the dollar fell 0.5pc to 101.52, down more than 1pc from Monday's highs and having

Published 24 Mar, 2020 12:47pm

Financial

Battered sterling wins a respite for time being

Sterling was last up 1.6pc on the day at $1.1737 - having briefly touched a 35-year low of $1.1413 last week.

Published 24 Mar, 2020 10:58am

Financial

Sterling takes another tumble as investors seek safety in dollars

Sterling has been under pressure because of a massive wave of selling of most currencies other than the dollar.

Published 23 Mar, 2020 10:29am

Financial

Dollar slows, but FX swaps signal funding pressures remain

The U.S. dollar is up about 3.5pc against a basket of currencies through a week when investors have liquidated ever

Published 20 Mar, 2020 12:55pm

Financial

Sterling climbs off 1985 lows as markets rebound

The pound whipsawed from a fresh low of $1.1413 versus the dollar in Asian trading hours overnight. The Britis

Published 20 Mar, 2020 12:23pm

Financial

Rouble pares gains as Russian central bank keeps key rate unchanged

The rouble was flat against the dollar at 79.15, after strengthening to 77.41 earlier in the day, and had lost 0.3p

Published 20 Mar, 2020 11:29am

Financial

British pound dives over 4pc against dollar

The pound meanwhile slid 2.6 percent against the euro, with the single currency trading at 93.58 pence. LONDO

Published 18 Mar, 2020 06:27pm

Financial

Euro-dollar volatility surges to one-year high amid big FX moves

Euro-dollar implied vol highest since Jan 2019 Yen regains safe-haven credentials, up 0.8% Aussie, Norweg

Published 28 Feb, 2020 12:27pm

Financial

Dollar retreat lifts pound above $1.30 first time in almost a week

On Tuesday, however, the main driver of the pound was a tentative recovery in risk appetite following Monday's sign

Published 25 Feb, 2020 10:15pm

Financial

Pound hugs $1.30 as impact of above-forecast inflation data fades

The pound firmed after the data to a session high of $1.3023, up 0.2pc on the day, before slipping back to $1.2984.

Published 19 Feb, 2020 02:33pm

Financial

Yen hits 9-month low as slowing virus case count, stimulus hopes boost risk appetite

China posted the lowest daily rise in new coronavirus cases since Jan. 29, helping to lift the off-shore traded yua

Published 19 Feb, 2020 02:22pm

Financial

Rouble firms on virus lull, Rosneft rebounds after U.S. sanctions

The rouble was 0.2pc stronger against the dollar at 63.69 and was up 0.1pc against the euro to trade at 68.76.

Published 19 Feb, 2020 10:52am

Financial

Euro climbs back above $1.08, volatility spikes

The euro has fallen 3.6pc to the dollar this year, as Europe's economic data has deteriorated while that of the Uni

Published 19 Feb, 2020 10:23am

Financial

Euro drops against dollar after bleak German investor survey

The euro traded down 0.1pc at $1.0830, close to its lowest since April 2017. The Australian dollar fell 0.5pc

Published 18 Feb, 2020 01:51pm

Financial

Pound pushes past $1.30 after Sunak says UK budget due on March 11

The pound, earlier down against both the dollar and the euro on conflicting views put forth by Britain and the Euro

Published 18 Feb, 2020 01:16pm

Financial

Rouble dips on fears of coronavirus economic impact

The rouble was 0.5pc weaker against the dollar at 63.79 and also 0.5pc weaker against the euro at 69.10. The d

Published 18 Feb, 2020 11:10am

Financial

Euro drops against dollar before Germany's ZEW survey

The euro traded down 0.1pc at $1.0826, close to its lowest since April 2017. The Australian dollar fell 0.5pc

Published 18 Feb, 2020 10:06am

Financial

Rouble firms on Chinese measures to support economy

The rouble was 0.4pc stronger against the dollar at 63.33. Against the euro, the currency firmed 0.4pc to trade at

Published 17 Feb, 2020 11:07am

Financial

Euro struggles near 3-year lows on economic worries

The euro nudged higher to $1.0845 in early trading but had earlier touched $1.0817, its weakest since mid-2017.

Published 17 Feb, 2020 10:38am

Financial

Sterling maintains gains amid expectations government will spend more

Johnson wants to increase spending on everything from infrastructure and police to health and education. The p

Published 17 Feb, 2020 10:21am

Financial

Pound set for biggest weekly gain in 2 months on change of finance minister

The pound was broadly steady on Friday to $1.3023, retaining most of its gains from Thursday's move. The Briti

Published 14 Feb, 2020 03:09pm

Financial

Euro drops to new low as GDP data confirm weak growth

The euro has lost close to 1pc so far this week and is on track for its worst two-week performance since mid-2018.

Published 14 Feb, 2020 01:45pm

Financial

Russian rouble gains as virus death toll slows

The rouble was up 0.3pc against the dollar at 63.43 and had also gained 0.3pc to trade at 68.76 versus the euro.

Published 14 Feb, 2020 11:25am

Financial

Euro skids to new low ahead of GDP data, dollar shines

The euro fell to $1.0827 overnight before settling at $1.0841, down marginally on the day. The yen edged up to

Published 14 Feb, 2020 11:15am

Financial

Sterling consolidates gains after change of UK finance minister

The pound rose marginally on Friday to $1.3048, retaining most of its gains from Thursday's move. It had trade

Published 14 Feb, 2020 11:01am

Financial

Rouble slips on fresh coronavirus concerns

The rouble was 0.7pc weaker against the US dollar at 63.62 and had lost 0.6pc to trade at 69.16 versus the euro.

Published 13 Feb, 2020 10:22am

Financial

Euro plunges against Swiss franc as China virus cases soar

The euro dipped to 1.0622 francs, below its 2016, trough of 1.0623 and its lowest level since August 2015. It last

Published 13 Feb, 2020 09:44am

Financial

Rouble extends gains as oil prices rise and risk sentiment grows

The rouble was 0.6pc stronger against the dollar at 62.99 and had gained 0.7pc to trade at 68.73 versus the euro.

Published 12 Feb, 2020 12:44pm

Financial

Dollar near four-month high on hopes virus is stabilising

The slowdown in the number of new cases encouraged investors to resume seeking yields. The Norwegian crown has

Published 12 Feb, 2020 12:38pm

Financial

Rouble rises from 10-week low on hint of virus easing

The rouble was 0.2pc stronger against the dollar at 64.01, pulling away from Monday's 10-week low. Brent crude

Published 11 Feb, 2020 11:35am

Financial

Dollar perched at 4-month highs as yield-seeking strategies bloom

The dollar rose 0.01pc to 98.91, its highest level since early October and less than 1pc away from a 2019, high of

Published 11 Feb, 2020 11:13am

Financial

Sterling close to 2020 lows as Brexit uncertainty lingers, 4Q GDP data on radar

Sterling was last trading just above $1.29, close to the 2-1/2-month low of $1.2873 it fell to on Monday. The

Published 11 Feb, 2020 11:04am

Financial

Volatile rouble rebounds from two-month low

The rouble was 0.6pc stronger against the dollar at 63.74 and had gained 0.51pc to trade at 69.8 versus the euro.

Published 10 Feb, 2020 01:27pm

Financial

Sterling dips to 2-1/2 month low vs firmer dollar

British economic growth and industrial production data released on Tuesday, could provide the next steer for sterli

Published 10 Feb, 2020 12:38pm

Financial

US dollar strengthens as traders see resilient US economy

The Australian dollar rose 0.3pc to 0.6694 per U.S. dollar, pulling away from a decade-low touched earlier in the s

Published 10 Feb, 2020 11:08am

Financial

Russian rouble, stocks up ahead of central bank rate decision

The central bank's statement on its monetary policy plans that will accompany the rate decision will be the main fa

Published 07 Feb, 2020 11:06am

Financial

Euro falls to four-month low on weak German data; dollar gains

The offshore yuan was headed for a small gain this week, supported by central bank stimulus and China's announcemen

Published 07 Feb, 2020 10:47am

Financial

Sterling headed for worst week since after December election

Prime Minister Boris Johnson has said Britain will not obey the bloc's regulations, setting a hard stance on the up

Published 07 Feb, 2020 10:13am

Financial

Aussie gains for fourth day on China tariff news; yuan up

The U.S. dollar gained 0.1pc to $1.2985 per pound. It was trading just below a two-month high against the euro at $

Published 06 Feb, 2020 12:20pm

Financial

Sterling struggles as EU trade talk fears weigh on sentiment

The dollar on Wednesday surged across the board after better-than-expected employment data underlined the relative

Published 06 Feb, 2020 12:17pm

Financial

Rouble steadies ahead of bond auctions, FX purchase plan

The Russian currency hit two-month lows against the greenback on Monday due to a fall in global risk appetite follo

Published 05 Feb, 2020 10:49am

Financial

Dollar up for a 3rd day but yen firm on China virus fears

The yen remained supported, with the Japanese currency rising 0.2pc to 109.30 against the dollar. The Chinese

Published 05 Feb, 2020 10:40am

Financial

Sterling maintains some strength before UK services PMI

Johnson said Britain would not adhere to EU rules and regulations, sending sterling to a six-week low on Tuesday.

Published 05 Feb, 2020 10:01am

Financial

Sterling extends fall, nears 6-week low vs dollar

The pound was down 0.4pc at $1.2945, its lowest since Dec. 25. It fell by 0.3pc versus the euro at 85.35 pence

Published 04 Feb, 2020 09:39am

Financial

Pound sinks against dollar on Brexit trade deal fears

Sterling slid one percent versus the dollar on Monday, hit by worries over post-Brexit trade deal negotiations foll

Published 03 Feb, 2020 11:50am

Financial

Rouble weakens beyond 64 vs dollar over virus concerns

The rouble was 0.2pc weaker against the dollar at 64.04, a level last seen in early December. Brent crude oil,

Published 03 Feb, 2020 11:35am

Financial

Safe-haven yen, Swiss franc dip as risk sentiment recovers

Chinese markets took a beating in the first trading session after an extended Lunar New Year break. The yen fe

Published 03 Feb, 2020 11:21am

Financial

Pound hit by renewed hard Brexit fears after Johnson's tough talk

The pound was down 0.8pc at $1.3105 while against the euro it had fallen 0.5pc to 84.43 pence. The dollar has

Published 03 Feb, 2020 10:44am

Financial

Rouble recovers from 7-week lows, with an eye on oil and China virus

The rouble was 0.2pc stronger against the dollar at 63.14, having stepped away from its weakest level since Dec. 11

Published 31 Jan, 2020 01:30pm

Financial

China's yuan finds its feet on WHO confidence, Aussie extends slide

The yen and Swiss franc weakened slightly, suggesting a slightly better mood among investors on Friday. The de

Published 31 Jan, 2020 11:38am

Financial

Sterling extends gains after BoE keeps rates on hold

Risk reversals and implied volatility gauges for the pound signalled calm over the next few months, with both indic

Published 31 Jan, 2020 11:02am

Financial

Russian rouble, stocks fall again on China virus concerns

The rouble was 0.9pc weaker against the dollar at 63.11, after touching its weakest since Dec. 12 of 63.16. Th

Published 30 Jan, 2020 11:47am

Financial

Yen, franc gains on China virus fears; yuan tumbles

The dollar is the best performing currency among G10 currencies in January, with the dollar index rising 1.6pc so f

Published 30 Jan, 2020 11:29am

Financial

Sterling falls before knife-edge BoE rate decision

Britain's economy struggled at the end of 2019, prompting several policymakers to say this month they would vote fo

Published 30 Jan, 2020 10:33am

Financial

Russian rouble down slightly after end of tax period

The rouble was 0.2pc weaker against the dollar at 62.44 and down 0.1pc at 68.71 versus the euro. The dollar-de

Published 29 Jan, 2020 12:03pm

Financial

Dollar holds gains as investors assess damage from Chinese virus

The dollar index was last up 0.1pc at 98.089, while the euro was down 0.2pc versus the U.S. currency at $1.1002.

Published 29 Jan, 2020 11:35am

Financial

Sterling in sight of weekly low a day before rates decision

The pound fell 0.1pc against the U.S. dollar in early London trade at $1.3012. The British government said it

Published 29 Jan, 2020 11:10am

Financial

Russian rouble, stocks pare losses caused by outbreak of Chinese virus

The rouble was up 0.3pc at 62.80 against the dollar at 0731 GMT, heading away from the 63.12 it hit on Monday.

Published 28 Jan, 2020 11:34am

Financial

Dollar perched at 8-week highs as virus fears linger; Fed eyed

Currency markets were subdued in early London trading as a two-day U.S. Federal Reserve meeting kicks off later on

Published 28 Jan, 2020 11:19am

Financial

Sterling at one-week lows on Brexit concerns, BoE nerves

Sterling was last down 0.35% at $1.3007, a one-week low. The British currency was a third of a percent weaker

Published 28 Jan, 2020 10:37am

Financial

Falling oil prices, Chinese virus send Russian rouble to 3-week lows

The rouble was 0.3pc weaker against the dollar at 62.24 after hitting its weakest level since Jan. 6 of 62.36.

Published 27 Jan, 2020 11:06am

Financial

Yuan and commodity-linked currencies dive as Chinese virus fears grow

The yen, frequently viewed as a safe haven, was the main beneficiary, although the move was contained. The off

Published 27 Jan, 2020 10:55am

Financial

Sterling steadies ahead of knife-edge BoE rate decision

Sterling was steady at $1.3077 , holding below a more than two-week high touched briefly on Friday at $1.3180.

Published 27 Jan, 2020 10:42am

Financial

Euro near seven-week lows before PMI data release

The dollar index held at 97.717 and was on track for a third consecutive week of gains. The Australian dollar

Published 24 Jan, 2020 11:21am

Financial

Rouble firms on tax payment support, recovering oil price

The rouble was 0.2pc stronger against the dollar at 61.81 and had gained 0.2pc to trade at 68.27 versus the euro.

Published 24 Jan, 2020 11:15am

Financial

Pound briefly bounces after better than expected survey data

Sterling rose as much as 0.3pc to $1.3180 before erasing those gains. It was last flat on the day at $1.3125.

Published 24 Jan, 2020 10:39am

Financial

Sterling cements rebound as BoE rate cut hangs in the balance

The British pound held on to its recent recovery on Thursday. Sterling slipped 0.1% to $1.3128 in early London

Published 23 Jan, 2020 09:49am

Financial

Rouble firms after Russia forms new government, bond auctions in view

China's efforts to contain the outbreak of a new strain of the coronavirus also lifted appetite for riskier assets.

Published 22 Jan, 2020 11:46am

Financial

Sterling firms to near two-week high vs euro as rate-cut talk abates

Data on Tuesday showed the British economy created jobs at its strongest rate in nearly a year in the three months

Published 22 Jan, 2020 11:38am

Financial

Euro at one-month lows before ECB meeting; yuan fragile

The dollar, the euro was weaker at $1.1077 , its lowest since Dec. 25. It has weakened more than 1pc so far this mo

Published 22 Jan, 2020 11:29am

Financial

Sterling rallies after UK jobs growth weakens case for rate cut

The pound rose as much as 0.3pc to $1.3050, up from around $1.3010 before the data was released. Purchasing Ma

Published 21 Jan, 2020 01:24pm

Financial

Yuan slips, yen gains as spread of China virus unnerves markets

China reported a fourth death from a new coronavirus as the number of cases continued to rise. The yuan fell a

Published 21 Jan, 2020 01:00pm

Financial

Dollar holds firm after strong U.S. data, Chinese yuan extends run

The strength in the United States comes as European economic data points in the opposite direction. The dollar

Published 20 Jan, 2020 11:33am

Financial

Pound reverses gains after bleak British retail sales

A raft of Bank of England policymakers this week, including outgoing Governor Mark Carney, have signalled that a ra

Published 17 Jan, 2020 12:27pm

Financial

Russian rouble soars, stocks hit record highs after PM change

China's GDP growth slowed to its lowest since 1990 in 2019, but December data showed a surprising acceleration in i

Published 17 Jan, 2020 12:24pm

Financial

Swiss franc and yen retreat from highs hit after Iran strike

The Japanese yen jumped to three-month highs against the dollar after the attack before retreating News that I

Published 08 Jan, 2020 12:43pm

Financial

Sterling rebounds on business surveys, weaker dollar

"We've got some better than expected PMIs, but some of it (the move higher in sterling) has been sentiment-driven,"

Published 06 Jan, 2020 04:24pm

Financial

Euro gains and sterling shines as growth optimism cheers investors

Dollar ends 2019 at 6-month low, losing ground vs rivals Euro at 4-1/2 month highs, Aussie, Kiwi at 5-month hi

Published 31 Dec, 2019 01:06pm

Financial

Euro sails to 4-1/2-month high on trade and growth prospects

The euro climbed as high as $1.1211, its strongest level since Aug. 13, before settling at $1.1192, up 0.2% on the

Published 30 Dec, 2019 01:05pm

Financial

Rouble firms, MOEX hits fresh high ahead of Putin press conference

The rouble was 0.1pc stronger against the dollar at 62.51, after falling on Wednesday evening, and had gained 0.1pc

Published 19 Dec, 2019 10:55am

Financial

Pound set for biggest losing streak in nearly 2 years on renewed Brexit fears

Investment bank JPMorgan sees an "uncomfortably high" 25pc chance of a no-deal Brexit. Money markets are prici

Published 18 Dec, 2019 04:00pm

Financial

Rouble falls on trade deal uncertainty, OFZ bonds in focus

The rouble was 0.3pc weaker against the dollar at 62.59, falling from the high of 62.15 reached on Friday. Yie

Published 18 Dec, 2019 01:44pm

Financial

Dollar firms versus major currencies ahead of Trump impeachment vote, German Ifo survey

The pound extended its slide on rekindled fears of a chaotic exit from the European Union. The dollar remained

Published 18 Dec, 2019 12:12pm

Financial

Sterling extends losses as traders weigh up new hard Brexit risk

Prime Minister Boris Johnson's government on Tuesday ruled out an extension to the December 2020. Johnson's Wi

Published 18 Dec, 2019 11:44am

Financial

Pound slumps as fears of hard Brexit resurface

The British currency fell 1.2% to $1.3155 and to 84.59 pence against the euro. A business survey on Monday sho

Published 17 Dec, 2019 03:14pm

Financial

Sterling slides on no-deal Brexit fears

Sterling sank Tuesday on no-deal Brexit fears after Prime Minister Boris Johnson appeared. Johnson won a big

Published 17 Dec, 2019 12:05pm

Financial

Rouble, stocks near multi-month highs after U.S-China trade deal

The rouble was 0.2pc stronger against the dollar at 62.80, heading towards the 62.15 level it briefly touched on Fr

Published 16 Dec, 2019 11:07am

Financial

Sterling rises on post-election optimism; short positions lowest since May

The pound rose by as much as 0.7pc versus a slightly weaker dollar in early London trading, last up 0.4pc at $1.337

Published 16 Dec, 2019 10:37am

Financial

Rouble steady ahead of U.S. sanctions vote, Fed rate decision

The rouble was 0.1pc weaker against the dollar at 63.57, hovering near a month high of 63.46 hit on Tuesday. A

Published 11 Dec, 2019 11:59am

Financial

Dollar grinds higher on hopes for tariff delay; Swedish crown surges

The dollar rose 0.2pc against a basket of currencies and 0.1pc versus the euro to $1.1080. The pound was last

Published 11 Dec, 2019 10:58am

Financial

Sterling slips after poll shows Conservative lead narrowing

The euro, it was down around 0.1pc at 84.355 pence, off Monday's 2-1/2 year high of 83.940 pence. The pound ha

Published 11 Dec, 2019 10:39am

Financial

Euro buoyed by stronger-than-expected German economic data

The dollar was little changed versus the safe-haven Japanese yen as investors remained wary of a deadline for US ta

Published 10 Dec, 2019 01:12pm

Financial

Sterling shrugs off weak GDP data, cements gains before election

Industrial output fell by 0.7pc in the three months to October and services grew by 0.2pc, its weakest increase sin

Published 10 Dec, 2019 12:03pm

Financial

Pound's rally gets fresh legs as latest polls fuel election optimism

Sterling rose to as high as $1.3180, its highest level in seven months and was last up 0.25pc on the day. The

Published 09 Dec, 2019 12:12pm

Financial

Rouble marginally up ahead of Russia-Ukraine peace summit

The rouble was 0.1pc up against the dollar at 63.73 and was slightly down versus the euro at 70.51. Brent crud

Published 09 Dec, 2019 12:04pm

Financial

Dollar holds ground as central bank meetings loom, pound jumps

The dollar changed hands at 108.52 yen. It had lifted to 108.92 yen on the US jobs data before losing momentum.

Published 09 Dec, 2019 11:29am

Financial

Dollar near one-month low after weak data, rally in pound and euro

The Canadian dollar traded at a near one-month high of 1.3203 per greenback. German industrial orders fell une

Published 05 Dec, 2019 10:57am

Financial

Sterling hits 2-1/2 year highs vs euro as pound bulls take charge

Sterling rose 0.3pc against the euro to 84.31 pence, its strongest level since May 2017. The pound also rose 0

Published 05 Dec, 2019 10:42am

Financial

Sterling jumps to 7-month high as investors bet on Conservative majority

Polls have consistently given Johnson's party a lead over the opposition Labour Party. The pound rallied 0.5pc

Published 04 Dec, 2019 11:52am

Financial

Rouble firms slightly after finance ministry's FX buying plan

The rouble was 0.1pc up against the dollar at 64.09 and was 0.3pc stronger versus the euro at 70.94. Russia's

Published 04 Dec, 2019 11:27am

Financial

Euro holds gains vs dollar hit by trade tariffs and weak data

The euro has recovered from a three-week low against the dollar of $1.0981 on Friday, moving as high as $1.1091.

Published 03 Dec, 2019 11:23am

Financial

Rouble firms slightly but gains capped with focus on U.S. tariffs

Russian stock indexes were mixed with the dollar-denominated RTS index stable at 1,432.3 points. Russia's fina

Published 03 Dec, 2019 11:20am

Financial

Sterling at 6-week highs on latest election poll, weak dollar

The pound rose 0.33pc to $1.2989 while it gained 0.3pc versus the euro to 85.35 pence. Sterling has gained mor

Published 03 Dec, 2019 11:09am

Financial

Sterling fall as the probability of a hung parliament grows

Sterling was last down 0.3pc at $1.2907. It was 0.2pc weaker at 85.34 pence against the euro. The final Britis

Published 02 Dec, 2019 12:43pm

Financial

Rouble eases in light trade, Gazprom shares firm after results

The rouble was 0.1pc weaker against the dollar at 64.10 at 0753 GMT. The tensions increase investors' global r

Published 29 Nov, 2019 11:36am

Financial

Euro hobbles near Nov lows as dollar takes comfort from Fed outlook, trade hopes

The US currency also gained from data showing the world's biggest economy is on a firm footing. Members of the

Published 29 Nov, 2019 11:23am

Financial

Sterling slips below $1.29; two-week volatility jumps

The pound slipped below $1.29 and against the euro it was flat at 85.350 pence. Sterling mostly held on to gai

Published 29 Nov, 2019 10:37am

Financial

Rouble slips after US signs Hong Kong legislation

The rouble was 0.2pc weaker against the dollar at 64.09 and had lost 0.3pc to trade at 70.53 versus the euro.

Published 28 Nov, 2019 01:24pm

Financial

Sterling touches near seven-month high against euro after YouGov poll

The opinion poll pushed sterling to its highest level against the euro since May 6, at 85 pence. It last traded fla

Published 28 Nov, 2019 01:03pm

Financial

Rouble steady ahead of bond auctions, stocks rebound

U.S. statistics on consumer spending and third quarter GDP due later on Wednesday are in focus. The rouble cou

Published 27 Nov, 2019 12:09pm

Financial

Dollar boosted by trade deal optimism

The dollar gained another 0.1 percent to 109.18 yen on Wednesday . The euro slipped 0.1 percent to $1.1011, cl

Published 27 Nov, 2019 11:24am

Financial

Pound falls as another poll shows Conservative lead dwindling

The poll was the third in a row to show the Conservative lead dwindling before Britain's election on Dec. 12.

Published 27 Nov, 2019 10:55am

Financial

Sterling weakens after polls show Conservative lead is narrowing

The poll is the second in two days to show a narrowing of the ruling party's lead. Sterling slipped 0.2 percen

Published 26 Nov, 2019 02:00pm

Financial

Dollar gives back some gains from US-China trade deal optimism

The US currency had jumped to a two-week high against the safe-haven Japanese yen in Asian trading. The dollar

Published 26 Nov, 2019 11:52am

Financial

Russia's month-end taxes support rouble, MTS shares rally

The rouble gained 0.2pc to 63.77 against the U.S. dollar by 0747 GMT and also firmed 0.2pc to 70.31 versus the euro

Published 25 Nov, 2019 12:54pm

Financial

Yen at one-week low as renewed trade hopes lift risk sentiment

The Global Times, a tabloid run by the ruling Chinese Communist Party's official People's Daily. The offshore

Published 25 Nov, 2019 11:48am

Financial

Pound gains as Tory election lead promises end to political uncertainty

The pound rose 0.4pc at $1.2883, rising off 10-day lows hit on Friday when dire PMI data highlighted. Against

Published 25 Nov, 2019 10:52am

Financial

Dollar heads for smallest weekly change since August; euro slips on PMI data

The Japanese yen - also seen as a safe haven - was up less than 0.1% against the dollar. The dollar hovered ar

Published 22 Nov, 2019 12:13pm

Financial

Sterling edges higher ahead of PMI data

The pound has traded in a tight $1.2888-1.2985 band this week, its smallest weekly range since July 2014. The

Published 22 Nov, 2019 11:44am

Financial

Japan's yen gains, yuan down on trade woes, Hong Kong strife

The passage of a US law supporting the protesters could undermine efforts to secure a trade deal. Hong Kong ha

Published 21 Nov, 2019 12:38pm

Financial

Pound snaps 2-day losing streak as investors mull parties' election pledges

Sterling has gained more than 8pc from a Sept. 3 low as markets cut the risks of a no-deal Brexit. The pound w

Published 21 Nov, 2019 10:49am

Financial

Sterling weaker vs dollar, leadership debate not seen as ‘game changer’

Prime Minister Boris Johnson doubled down on his Brexit promises late on Tuesday. the pound traded at 85.70 pe

Published 20 Nov, 2019 01:55pm

Financial

Pound slips as Labour leader Corbyn ‘exceeds low expectations’ in election debate

The pound weakened to a low of $1.2888 against a generally firmer U.S. currency. Corbyn said an election win f

Published 20 Nov, 2019 12:02pm

Financial

Dollar rises to near one-month highs as data disappoint

A dollar index measuring it against six other currencies rose 0.05% to 98.424, just shy of a one-month high of 98.4

Published 14 Nov, 2019 01:17pm

Financial

Dollar edges up on positive hopes for Trump trade speech

Trump's speech to the Economic Club of New York is expected to be market-moving as he is scheduled to discuss US tr

Published 12 Nov, 2019 01:22pm

Financial

Euro hits lowest in three weeks as dollar gains from trade optimism

Japanese yen near 5-month low vs dollar Chinese offshore yuan set for sixth winning week vs dollar L

Published 08 Nov, 2019 12:23pm

Financial

Pound set for small weekly rise despite Brexit Party threat

The pound edged 0.1% higher at $1.2946 thanks to a broad weakness in the greenback and is poised to register a tiny

Published 01 Nov, 2019 03:58pm

Financial

Sterling on track for biggest monthly rise in a decade

Against the more steady euro, the pound was up around 0.4% at 86.10 pence. Door open for further policy easing

Published 31 Oct, 2019 04:51pm

Financial

Euro rises as dollar weakens on questions about more Fed rate cuts

Euro zone GDP data better than expected, lifts euro Dollar weak after Fed cuts rate by 25 bps, as expected

Published 31 Oct, 2019 12:06pm

Financial

Sterling edges higher after lawmakers reject early election bid

Sterling edged slightly higher against a struggling dollar on Monday after British lawmakers rejected Boris Johnson

Published 28 Oct, 2019 09:44pm

Financial

Pound firmer on EU Brexit extension

Wall Street edged up to new highs on the China lead, lending some limited support to the European markets which clo

Published 28 Oct, 2019 07:00pm

Financial

Swiss franc extends fall as markets eye US-China trade deal

Dollar flat ahead of Fed meeting on Wednesday Pound unchanged by Brexit extension to Jan 31. 2020 Swiss f

Updated 28 Oct, 2019 12:53pm

Financial

Euro edges up marginally on steady German business morale in October

German Ifo business survey unchanged in October Ifo chief economist sees small expansion in Germany ECB s

Published 25 Oct, 2019 11:41am

Financial

Pound firms awaiting Brexit extension date

The pound firmed against the dollar and euro on Wednesday as the European Union prepared to grant a further delay t

Published 23 Oct, 2019 08:51pm

Financial

Pound rises above $1.30 on investor rush to cover short positions

Pound maintains most of last week's gains, Brexit deal might pass, no-deal Brexit unlikely. Sterling had earli

Published 21 Oct, 2019 01:02pm

Financial

Currencies edge higher on Brexit deal hopes

The Czech crown edged 0.1% up to 25.618, clinging close to three-month highs. The Romanian leu was flat. If Bo

Published 21 Oct, 2019 12:40pm

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	5.90 ▲ 0.75 (14.56%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	14.49 ▲ 1.32 (10.02%)

Stock	Price
Maqbool Tex. / Dec 23 Maqbool Textile Mills Limited(MQTM)	31.03 ▼ -3.45 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	37 ▼ -3.67 (-9.02%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.13
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.11
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.34
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.99
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	39,342,608 ▲ 0.56
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	34,389,623 ▲ 1.32
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	33,313,576 ▲ 2.12
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.27
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	22,466,472 ▲ 1.85