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

Financial

Turkish lira firms nearly 1pc against dollar after Turkey-US deal on Syria

Turkey's lira firmed nearly 1pc against the dollar on Friday. The currency had been under pressure due to a d

Published 18 Oct, 2019 01:29pm

Financial

Pound steadies as Johnson faces battle to pass Brexit bill

Sterling steadied around $1.29 Friday as dealers paused for breath at the end of a dizzying week. Britain vote

Published 18 Oct, 2019 11:42am

Financial

Dollar pinned near 1-month lows on weak data; pound volatile

The dollar only managed to eke out some gains against the struggling pound. Sterling slid as much as 0.6pc aga

Published 17 Oct, 2019 02:05pm

Financial

Rouble steadies near 64 vs dollar; Lukoil shares climb on dividend plan

The rouble was 0.1pc stronger against the dollar at 64.03 and added 0.1pc to 70.95 versus the euro. The Russia

Published 17 Oct, 2019 01:40pm

Financial

Sterling jumps, stocks rally on Brexit deal agreement

The pound jumped as high as $1.2988, a five-month high. Euro zone government bond yields rose, while the 10-ye

Published 17 Oct, 2019 10:14am

Financial

Sterling, UK stocks fall on concerns Brexit talks have stalled

The euro, the pound was also 0.3pc weaker on the day at 86.59 pence -- also off five-month highs. Sterling has

Published 16 Oct, 2019 11:11am

Financial

Rouble steady ahead of bond auctions despite oil drop

The rouble was 0.2pc stronger against the dollar at 64.19 and had gained 0.2pc to trade at 70.77 versus the euro.

Published 15 Oct, 2019 12:30pm

Financial

Pound up as EU's Barnier says Brexit deal possible this week

The pound rose as much as 0.7pc to $1.2699 and by a similar magnitude against the euro to 86.90. Deal might be

Published 15 Oct, 2019 12:26pm

Financial

Dollar rebounds as ebbing trade deal optimism hurts risk appetite

The dollar fell last week, and dropped sharply on Friday, as optimism that a trade deal could be reached. The

Published 14 Oct, 2019 12:45pm

Financial

Rouble slides from two-week highs, Yandex shares pare losses

The rouble has more room to appreciate against the U.S. dollar. The rouble should get support given current fi

Published 14 Oct, 2019 12:34pm

Financial

Sterling slips as Brexit deal hangs in balance

The pound was down 0.6pc at a session low of $1.2568. Sterling rocketed higher at the end of last week, postin

Published 14 Oct, 2019 11:44am

Financial

Pound in mini-crash after rally, then bounces in Brexit headline-driven trade

The pound also dropped off a near a three-week high, sliding to 88.03 to 88.67 pence in less than a minute. Th

Published 11 Oct, 2019 01:58pm

Financial

Aussie dollar up on hopes of US-China trade deal, sterling holds gains

"Investors are ready to celebrate any form of a U.S.-China trade deal, even a limited one" China's yuan was st

Published 11 Oct, 2019 10:28am

Financial

Dollar heads towards 1-week lows as trade U.S.-China talks get underway

The Chinese currency in the offshore market gained for a second day, rising 0.3pc versus the greenback to 7.1145 yu

Published 10 Oct, 2019 11:29am

Financial

Sterling dips to one-month low against the euro ahead of UK-Ireland talks

The pound rose 0.3pc against a broadly weak dollar, last trading at $1.2238. The British currency has been dri

Published 10 Oct, 2019 11:02am

Financial

Rouble strengthens ahead of U.S.-China trade talks, stocks down

The rouble was 0.1pc stronger against the dollar at 64.80 and had lost 0.2pc to trade at 71.36 versus the euro.

Published 10 Oct, 2019 10:01am

Financial

Australian dollar rises, euro up after China says open for partial trade deal

China's yuan was up 0.5pc at 7.1308 against the dollar in the offshore trading. The Australian dollar, a globa

Published 09 Oct, 2019 02:36pm

Financial

Rouble edges ahead of OFZ auctions, stocks rise

"The rouble remains vulnerable due to uncertainty related to the outcome of trade talks," The rouble-based MOE

Published 09 Oct, 2019 10:33am

Financial

Sterling rebounds as Brexit breakthrough hopes grow

The pound was last up 0.4pc at $1.2265, after spiking to as much as $1.2292. The Guardian reported that the Eu

Published 09 Oct, 2019 10:15am

Financial

Sterling sinks as Merkel downbeat on Brexit deal outlook

The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit. Merkel

Published 08 Oct, 2019 04:05pm

Financial

Sterling tumbles after reports of Brexit talks close to breakdown

"The pound has taken a lurch lower as (reports say) there is no prospect of a deal," The pound fell 0.5pc to a

Published 08 Oct, 2019 01:23pm

Financial

Sterling sinks on Brexit impasse

The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal. In

Published 08 Oct, 2019 11:50am

Financial

Dollar sheds overnight gains as U.S.-China trade talk resumes

The single currency rose 0.1pc to $1.09815 but remained within sight of a more than a two-year low of $1.08790 hit

Published 08 Oct, 2019 11:06am

Financial

Sterling falls to 3-week low vs euro as 'no-deal' Brexit worries flare

The British government is preparing for Brexit negotiations to end this week, according to a report in the Spectato

Published 08 Oct, 2019 10:29am

Financial

U.S. trade talk doubts lift dollar off one-month lows

The dollar edged up on Monday after four straight losses last week, while China's offshore yuan and the euro were u

Published 07 Oct, 2019 12:22pm

Financial

Pound falls as doubts grow over chances of last-minute Brexit deal

Sterling fell in early London trading on Monday as investors grow increasingly concerned that Britain and the Europ

Published 07 Oct, 2019 12:16pm

Financial

Turkish lira weakens 1pc on Syria operation concerns

The lira was trading at 5.7450 at 0717 GMT, weakening from a close of 5.7000 on Friday. Earlier, it weakened as far

Published 07 Oct, 2019 08:28am

Financial

Rouble steadies away from 3-week low vs dollar

The Russian rouble steadied on Friday away from three-week lows against the dollar hit earlier this week as the mar

Published 04 Oct, 2019 12:32pm

Financial

Weak dollar steadies before U.S. jobs data

The dollar index fell to 98.816, shedding about 0.9pc after hitting a 2-1/2-year high this week. It is down 0.3pc o

Published 04 Oct, 2019 12:00pm

Financial

Sterling set for first weekly rise in 3 weeks

Against the dollar, the pound was broadly steady at $1.2334 and was a shade weaker against the euro at 88.96 pence.

Published 04 Oct, 2019 10:08am

Financial

Dollar recoups losses before US data; euro steadies

The dollar rebounded from a near one-month low versus the Japanese yen on Thursday in choppy trading. Investor

Published 03 Oct, 2019 12:48pm

Financial

Sterling edges lower as UK waits for EU response to Brexit offer

The pound has found little direction in recent days, and is back where it was at the start of the week. A Euro

Published 03 Oct, 2019 10:45am

Financial

Rouble edges off three-week dollar low, stocks slightly weaker

The Russian rouble recovered slightly on Thursday after sliding to a three-week low the previous day amid concerns

Published 03 Oct, 2019 10:30am

Financial

Sterling unfazed by recession prospect, as Britain waits for EU Brexit response

The pound has found little direction in recent days, and is back where it was at the start of the week. A Euro

Published 03 Oct, 2019 10:02am

Financial

Rouble hits three-week low vs dollar on global economic concern

Russian rouble weakened to a three-week low against the U.S. dollar on Wednesday. The rouble shed 0.3pc to 65.

Published 02 Oct, 2019 12:49pm

Financial

Dollar back near two-year high; Aussie hits decade low

U.S. dollar rose on Wednesday after disappointing manufacturing data knocked it off two-year highs, while the euro

Published 02 Oct, 2019 11:18am

Financial

Sterling sags on doubts over PM Johnson's EU Brexit offer

Johnson is expected to disclose his final Brexit offer to the European Union later and to make clear that if Brusse

Published 02 Oct, 2019 10:24am

Financial

Dollar steadies after data knocks it off two-year highs

The U.S. dollar edged higher on Wednesday after disappointing manufacturing data had whacked the greenback off two-

Published 02 Oct, 2019 08:25am

Financial

Dollar powers to 29-month high, bonds turn choppy

The dollar's advance did slow before U.S. trading and manufacturing data, but economic surprise indices published b

Published 01 Oct, 2019 01:28pm

Financial

Dollar sturdy after biggest quarterly rise since June 2018

The dollar rose to a 29-month high on Tuesday as renewed evidence of strength in the U.S. economy encouraged invest

Published 01 Oct, 2019 08:48am

Financial

Russian rouble slips as oil stays below $60/bbl, end of local tax payments

The Russian rouble opened weaker on Tuesday, hurt by oil prices which were trading below $60 per barrel and as loca

Published 01 Oct, 2019 08:35am

Financial

Sterling near 3-week low as PM Johnson reiterates Oct 31 Brexit pledge

The pound did not immediately react to the data, given that there have been few signs of progress in breaking the d

Published 30 Sep, 2019 12:51pm

Financial

Russian rouble slips towards 3-week low as oil prices dip

The rouble eased versus the dollar as global political uncertainty and fears over a widening of the China-U.S trade

Published 30 Sep, 2019 11:06am

Financial

Dollar holds near highs on trade jitters, Kiwi sinks to 4-yr low

The U.S. currency, measured against a basket of rival currencies, was little changed at 99.061 in early European tr

Published 30 Sep, 2019 10:38am

Financial

Russian rouble gains on last day of tax payments

The Russian rouble gained on Monday, pricing in support from the last tax payment and uncertainty on global markets

Published 30 Sep, 2019 10:16am

Financial

Euro hits 28-month low as trade optimism supports dollar

The euro, by contrast, slipped to $1.0922, touching a 28-month low and eclipsing its lows of earlier this month, wh

Published 26 Sep, 2019 01:21pm

Financial

Sterling weakens as political limbo seen deepening

The ruling reduced the likelihood of Britain leaving the European Union without a deal by Oct. 31. The longer-

Published 25 Sep, 2019 01:47pm

Financial

Dollar recovers from Trump impeachment damage, trade tensions hit yuan, Aussie

The launch of a formal impeachment inquiry against US President Donald Trump while renewed global trade tensions we

Published 25 Sep, 2019 12:03pm

Financial

Pound bounces as UK parliament suspension ruled illegal

The pound rallied against both the dollar and the euro as traders mulled the chance that Britain could now more eas

Published 24 Sep, 2019 02:45pm

Financial

Euro below $1.10 as German survey fails to dispel slowdown fears

The downbeat survey results come less than two weeks after the ECB pledged indefinite stimulus to revive the 19-cou

Published 24 Sep, 2019 12:49pm

Financial

Russian rouble strengthens to 70 vs euro

The rouble hit 69.92 against the euro, heading away from levels of 74 seen less than a month ago. The rouble i

Published 24 Sep, 2019 12:45pm

Financial

Turkish lira firms after reports of U.S. work on trade deal

Turkey's lira strengthened against the dollar on Tuesday. Erdogan and Trump spoke by phone on Sunday, and may

Published 24 Sep, 2019 10:24am

Financial

Sterling slips before Supreme Court rules on Johnson's suspending parliament

The pound was down 0.1% at $1.2418 in early London trading. It also fell to 88.51 pence against the euro . Joh

Published 24 Sep, 2019 10:10am

Financial

Sterling steady as traders watch Brexit talks, await Supreme Court ruling

PM Johnson having to cut his trip short to return to London if the Supreme Court decision goes against the governme

Published 23 Sep, 2019 03:26pm

Financial

Russian rouble edges up on higher oil prices, tax payments

The rouble had reacted strongly to a surge in oil prices earlier this month in the wake of an attack on Saudi crude

Published 23 Sep, 2019 11:13am

Financial

Sterling steady as traders await for Supreme Court decision on proroguing parliament

The pound was down 0.3pc in mid-morning London trading at $1.2435, having dropped earlier to a six-day low of $1.24

Published 23 Sep, 2019 10:37am

Financial

Euro drops as economic gloom deepens

The European Central Bank has urged governments to focus on fiscal policy because the room for more monetary easing

Published 23 Sep, 2019 10:31am

Financial

Pound buoyed by Juncker's comments on possible Brexit

Jean-Claude Juncker said that agreeing a Brexit deal with the United Kingdom was still possible. The British c

Published 20 Sep, 2019 12:19pm

Financial

Dollar set for third week of losses in a big week for central banks

The dollar edged lower on Friday and was headed for a third straight week of losses as expectations of a breakthrou

Published 20 Sep, 2019 10:11am

Financial

Russian rouble recovers as oil prices jump

The Russian rouble strengthened on Friday as oil prices headed for their biggest weekly gain in months. The tr

Published 20 Sep, 2019 09:09am

Financial

Sterling hits 2-month high on EU's Juncker comment

British pound touched a two-month peak on Thursday. It was 0.37pc higher at 88.145 pence per euro

Published 19 Sep, 2019 10:32pm

Financial

Sterling steady before retail sales and BoE meeting

Retails sales growth is expected to have stalled in August on the previous month, according to Reuters poll of econ

Published 19 Sep, 2019 11:09am

Financial

Sterling falls after weaker than expected inflation

Sterling fell on Wednesday after British prices in August grew at a their slowest pace since late 2016. The po

Published 18 Sep, 2019 10:38am

Financial

Russian rouble slips after strong gains on oil prices

Rouble touched its strongest level since July as oil prices spiked following attacks on crude processing facilities

Published 17 Sep, 2019 12:47pm

Financial

Dollar firm as markets wary over rising MidEast tensions, wait for Fed

Traders widely expect the Fed will cut interest rates by a quarter of a percentage point on Wednesday, and one more

Published 17 Sep, 2019 10:20am

Financial

Pound weakens as 'no-deal' Brexit concerns grow

The pound fell nearly half a percent on Monday as concern revived that Britain will struggle to secure a deal on th

Published 16 Sep, 2019 11:15am

Financial

Sterling rockets as Irish backstop hopes add to Brexit optimism

Pound has gained 4% in eight days Investors cut short positions on the pound LONDON: The pound exten

Published 13 Sep, 2019 12:27pm

Financial

Turkish lira weakens ahead of possible deeper rate cut

ISTANBUL: The Turkish lira weakened in early trade on growing anticipation that an expected central bank interest rate c

Published 12 Sep, 2019 09:37am

Financial

Euro pauses before ECB meeting as trade thaw triggers risk rally

LONDON: The euro hovered near $1.10 on Thursday as traders waited to see the scale of fresh stimulus expected from the E

Published 12 Sep, 2019 09:12am

Financial

Dollar set for biggest weekly drop in a month; U.S. data eyed

LONDON: The dollar edged lower on Friday and was heading for its biggest weekly drop in a month as expectations grew tha

Published 06 Sep, 2019 10:51am

Financial

Pound posts biggest two-day surge in 10 months as no-deal Brexit fears fade

LONDON: The pound surged to a five-week high on Thursday after lawmakers voted to prevent Prime Minister Boris Johnson t

Published 05 Sep, 2019 08:45pm

Financial

Facebook's Libra falls into ‘big gap’ in EU rules: regulator

LONDON: Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a

Published 05 Sep, 2019 01:22pm

Financial

Sterling gives up some gains amid concern over election

LONDON: The pound lost some of its overnight gains on Thursday on concern that an election is still pending, even though

Published 05 Sep, 2019 08:40am

Financial

Sterling rallies as UK lawmakers take steps to block no-deal Brexit

LONDON: Sterling jumped on Wednesday, posting its best day against the dollar in over five months, as investors grew mor

Published 04 Sep, 2019 10:59pm

Financial

Sterling stronger as British lawmakers fight to avert no-deal Brexit

LONDON: Sterling jumped briefly above $1.22 Wednesday for the first time since Aug. 30 as investors became slightly more

Published 04 Sep, 2019 09:05pm

Financial

Euro zone business growth stays tepid as summer ends

LONDON: Euro zone business growth was a touch faster than expected last month but remained lacklustre as the bloc's domi

Published 04 Sep, 2019 11:30am

Financial

Sterling bounces as UK lawmakers battle to avert no-deal Brexit

LONDON: Sterling jumped more than half a percent against the dollar on Wednesday while volatility gauges on the currency

Published 04 Sep, 2019 11:17am

Financial

Turkey's lira firms on inflation data, Fed and ECB easing expectations

ANKARA: Turkey's lira firmed beyond 5.70 against the U.S. dollar for the first time in two weeks on Wednesday after annu

Published 04 Sep, 2019 07:25am

Financial

Sterling rises after UK lawmakers win bid to try to block no-deal Brexit

LONDON: Sterling gained in early London trading on Wednesday, as investors gave a cautious welcome to British lawmakers

Published 04 Sep, 2019 07:24am

Financial

Pound slides below $1.20 as election threat adds to Brexit jeopardy

LONDON: Sterling sunk to a three-year low below $1.20 on Tuesday, as Prime Minister Boris Johnson's implicit threat

Published 03 Sep, 2019 02:22pm

Financial

Pound slides below $1.20 to 3-year low as no-deal Brexit battle begins

LONDON: Sterling slumped below $1.20 on Tuesday to a three-year low, as Prime Minister Boris Johnson's implicit ulti

Published 03 Sep, 2019 12:54pm

Financial

Euro slides to lowest since 2017 on investors eye ECB cuts, dollar strength

LONDON: The euro plunged to a 28-month low against the dollar on Tuesday as investors priced in deeper negative inte

Published 03 Sep, 2019 12:40pm

Financial

Sterling on backfoot as political turmoil dogs Brexit process

TOKYO: Sterling wallowed near a more than two-year low on Tuesday on growing investor worries about a "no-deal Brexit" a

Published 03 Sep, 2019 08:22am

Financial

Pound dives as UK election speculation mounts before Brexit showdown

LONDON: Sterling fell sharply on Monday as Boris Johnson summoned his ministers for an emergency meeting, fuelling e

Published 02 Sep, 2019 04:33pm

Financial

Sterling extends losses as UK media say PM preparing to call election

LONDON: Sterling extended its slide on Monday after British media said Prime Minister Boris Johnson had called an em

Published 02 Sep, 2019 01:49pm

Financial

Rouble keeps recovering despite U.S.-China trade row

MOSCOW: The Russian rouble gained against the dollar on Monday despite a decline in the oil prices, after new tariffs i

Published 02 Sep, 2019 10:54am

Financial

Euro holds below $1.10 as economic clouds darken

LONDON: The euro held below the $1.10 level on Monday after Washington and Beijing put additional tariffs on each other'

Published 02 Sep, 2019 10:48am

Financial

Pound falls as traders brace for Brexit showdown with parliament's return

LONDON: The British pound fell on Monday as traders braced for a clash between the government and lawmakers opposed to P

Published 02 Sep, 2019 10:23am

Financial

Sterling volatility gauges jump as investors fear Brexit showdown

LONDON: Traders are bracing for more big price swings in the pound between now and the expected Oct. 31 Brexit date afte

Published 29 Aug, 2019 08:46pm

Financial

Yen set for biggest monthly rise since May as sentiment fragile

LONDON: The Japanese yen was set for its biggest monthly rise since May on Friday as risk appetite remained on the b

Published 29 Aug, 2019 11:45am

Financial

Yen firms as risk appetite fades; pound fragile

LONDON: The Japanese yen edged higher on Thursday, heading for its biggest monthly rise since May as risk appetite remai

Published 29 Aug, 2019 08:43am

Financial

Investors stick with yen as recession fears grow; sterling slides

LONDON: The Japanese yen clung to its recent gains on Wednesday as worries about a global economic downturn grew, wh

Published 28 Aug, 2019 12:24pm

Financial

Russian rouble slips, China-US trade war in focus

MOSCOW: The Russian rouble slipped on Tuesday as the trade war between Washington and Beijing kept markets on edge over

Published 27 Aug, 2019 08:02pm

Financial

Pound gains as UK opposition parties agree front to stop no-deal Brexit

LONDON: The British pound rose on Tuesday as opposition parties vowed to try and pass a law to prevent a no-deal Bre

Published 27 Aug, 2019 04:54pm

Financial

Yen rises as investors flock to safe-haven assets

LONDON: The Japanese yen rose and 10-year Treasury yields fell on Tuesday as investors fled to safer assets amid wor

Published 27 Aug, 2019 01:16pm

Financial

Russian rouble eases as China-U.S. trade war remains in focus

MOSCOW: The Russian rouble weakened on Tuesday as the trade war between Washington and Beijing kept market fears over a

Published 27 Aug, 2019 08:35am

Financial

Yuan slides to 11-year low as trade war rattles investor confidence

LONDON: China's yuan fell to an 11-year low in the onshore market and a record low offshore on Monday after the late

Published 26 Aug, 2019 12:43pm

Financial

Turkish lira weakens 1pc against dollar after overnight tumble

ISTANBUL: The Turkish lira weakened about 1% to over 5.8 against the dollar on Monday, after briefly tumbling to 6.47 ov

Published 26 Aug, 2019 07:24am

Financial

Russian rouble flat before U.S. Fed's Powell speech

MOSCOW: The Russian rouble was little changed on Friday before a speech by U.S. Federal Reserve Chairman Jerome Powell,

Published 23 Aug, 2019 10:57am

Financial

Euro weakens, dollar rises as market awaits Fed's Powell

The euro edged lower and the dollar strengthened broadly on Friday, awaiting a keynote speech by the head of the Federal

Published 23 Aug, 2019 10:47am

Financial

Sterling falls as doubts about Brexit backstop hopes grow

LONDON: The pound on Friday gave back some of the gains it made the day before as investors reassessed whether British P

Published 23 Aug, 2019 09:28am

Financial

Sterling jumps as traders cling to Merkel's Brexit backstop comments

LONDON: The pound was on course for its best day in months on Thursday after traders interpreted comments from Germa

Published 22 Aug, 2019 04:25pm

Financial

Pound sterling up one percent on Brexit optimism

LONDON: Britain's pound sterling was sharply up against the euro and the dollar on Thursday, temporarily gaining mor

Published 22 Aug, 2019 02:17pm

Financial

Yen shines as Chinese yuan slides to 11-year lows; Fed eyed

LONDON: The Japanese yen rose on Thursday as risk appetite weakened, with investors looking to U.S. Federal Reserve Chai

Published 22 Aug, 2019 08:32am

Financial

Euro pinned near recent lows as attention shifts to Fed

LONDON: The euro struggled to make headway against a resilient dollar on Wednesday while foreign exchange markets re

Published 21 Aug, 2019 02:03pm

Financial

Russian rouble moves away from 6-month low, up 1pc ahead of Fe

MOSCOW: The Russian rouble edged up against the US dollar on Wednesday, moving away from six-month lows as investors

Published 21 Aug, 2019 01:09pm

Financial

Russian rouble firms ahead of Fed minutes

MOSCOW: The Russian rouble firmed against the U.S. dollar on Wednesday as investors awaited the minutes of the Federal R

Published 21 Aug, 2019 09:47am

Financial

Euro struggles vs dollar as attention turns to Fed

LONDON: The euro struggled to make headway against a resilient dollar on Wednesday and was stuck near $1.11, with forex

Published 21 Aug, 2019 09:29am

Financial

Sterling briefly jumps after Merkel says will think about Brexit backstop solutions

LONDON: Sterling briefly jumped on Tuesday after German chancellor Angela Merkel said the European Union would think

Published 20 Aug, 2019 03:29pm

Financial

Rouble recovers from lowest in six months on hopes over trade war

MOSCOW: The Russian rouble recovered against the US dollar on Tuesday, after touching a six-month low, on optimism f

Published 20 Aug, 2019 03:17pm

Financial

Euro near two-week low vs dollar as Treasury yields rebound

LONDON: The euro hovered near a two-week low against the dollar on Tuesday as higher Treasury yields the day before

Published 20 Aug, 2019 02:41pm

Financial

Rouble recovers from six-month low on hopes of trade war easing

MOSCOW: The Russian rouble rose against the dollar on Tuesday, buoyed by hopes of an easing in the U.S. trade standoff w

Published 20 Aug, 2019 10:45am

Financial

Euro weakens vs dollar as Treasury yields pick up on stimulus talks

LONDON: The euro hovered around a two-week low versus the dollar as the U.S. currency held strong on Tuesday, boosted by

Published 20 Aug, 2019 10:44am

Financial

Sterling slips as investors await EU response to Johnson demand

LONDON: The pound was weaker on Tuesday as investors waited for EU leaders' response to a demand from Britain's prime mi

Published 20 Aug, 2019 10:15am

Financial

Turkish lira weakens after central bank move, Syria unease

ISTANBUL: The Turkish lira hit its weakest level against the dollar in nearly a month on Tuesday after the central bank

Published 20 Aug, 2019 10:08am

Financial

Euro zone rates edge lower amid ongoing easing expectations

LONDON: Euro zone rates edged lower on Tuesday as markets continued to focus on the prospect of fiscal stimulus in Germa

Published 20 Aug, 2019 09:23am

Financial

Sterling edges lower after recent bounce on Brexit deal hopes

LONDON: Sterling edged lower on Monday, although sentiment towards the pound was better than in recent sessions as inves

Published 19 Aug, 2019 04:23pm

Financial

Euro gains after biggest weekly drop in 6 weeks; Swiss franc firm

LONDON: The euro advanced on Monday after registering its biggest weekly drop in nearly two months as risk appetite grad

Published 19 Aug, 2019 02:34pm

Financial

Sterling slips back from recent highs vs euro on Brexit talk hopes

LONDON: Sterling fell back from a near three-week high against the euro on Monday but sentiment towards the pound was be

Published 19 Aug, 2019 10:05am

Financial

Norway's crown slides to 17-year low, euro drops on rate expectations

LONDON: The dollar rallied on Friday, hitting a two-week high against the euro and reaching its strongest in more than 1

Published 16 Aug, 2019 02:07pm

Financial

Pound set for biggest weekly gain in nearly 2 months as no-deal Brexit opposition grows

LONDON: The pound gained for a second consecutive day on Friday after a stream of resilient economic data this week calm

Published 16 Aug, 2019 12:38pm

Financial

Euro drops to two-week low against the dollar

LONDON: The euro fell to a two-week low on Friday against the dollar, which extended the gains it made the day before af

Published 16 Aug, 2019 12:37pm

Financial

Euro drops to two-week low against the dollar

LONDON: The euro fell to a two-week low on Friday against the dollar, which extended the gains it made the day before af

Published 16 Aug, 2019 10:04am

Financial

Pound set for biggest weekly gain in nearly 2 months as no-deal Brexit opposition grows

LONDON: The pound gained for a second consecutive day on Friday after a stream of resilient economic data this week calm

Published 16 Aug, 2019 09:23am

Financial

Rouble steadies vs dollar near lowest since May as oil prices edge up

MOSCOW: The Russian rouble steadied on Friday near its weakest levels since early May following a volatile week as oil p

Published 16 Aug, 2019 09:22am

Financial

Rouble struggles to recover from weakest since early May

MOSCOW: The rouble firmed slightly on Thursday, a day after falling to its weakest level since early May, as emerging ma

Published 15 Aug, 2019 11:57am

Financial

Sterling rises but traders say gains unlikely to last

LONDON: Sterling was higher on Thursday, boosted by better-than-expected retail sales and news that Britain's opposition

Published 15 Aug, 2019 11:26am

Financial

Yen rallies again as market selloff extends on recession fears

LONDON: The yen strengthened again on Thursday as signals from the bond market that the US economy could be headed for a

Published 15 Aug, 2019 11:24am

Financial

Sterling revisits 2-year lows as UK economy shrinks

LONDON: Sterling skidded again on Friday, hitting its lowest in more than two years, after an unexpected second quarter

Published 09 Aug, 2019 03:08pm

Financial

Sterling's rebound is not a game changer, analysts say

LONDON: Sterling gained as some risk appetite returned to financial markets on Thursday, but it remains near 2017, lows

Published 08 Aug, 2019 12:17pm

Financial

Rouble strengthens as oil prices jump, EM currencies regain ground

MOSCOW: The Russian rouble strengthened versus the dollar on Thursday after hitting a three-month low late the previous

Published 08 Aug, 2019 12:11pm

Financial

Dollar slips as markets recover; China data helps

LONDON: The dollar edged lower across the board on Thursday, as risk sentiment stabilised after resilient Chinese trade

Published 08 Aug, 2019 11:49am

Financial

Sterling's rebound is not a game changer, analysts say

LONDON: Sterling gained as some risk appetite returned to financial markets on Thursday, but it remains near 2017 lows a

Published 08 Aug, 2019 11:23am

Financial

Turkish lira at strongest level in four months, outpacing EMs

ISTANBUL: The Turkish lira continued its winning run against peers on Thursday, firming 0.5% to its strongest level sinc

Published 08 Aug, 2019 11:22am

Financial

Dollar slips as markets recover; China data helps

LONDON: The dollar edged lower across the board on Thursday, as risk sentiment stabilized after resilient Chinese trade

Published 08 Aug, 2019 08:47am

Financial

Sterling stuck near two-year lows, markets see more selling

LONDON: Traders paused their heavy selling of the pound on Wednesday but the British currency remained stuck near its we

Published 07 Aug, 2019 11:53am

Financial

Russian rouble firms after market pares losses from sanctions risks

MOSCOW: The Russian rouble firmed on Wednesday as the market pared losses from the new US sanctions on Russia, with the

Published 07 Aug, 2019 11:48am

Financial

Turkish lira below 5.50 vs dollar, strongest since early April

ISTANBUL: The Turkish lira firmed to 5.49 against the dollar on Wednesday at 0553 GMT, its strongest value since April 2

Published 07 Aug, 2019 10:43am

Financial

Kiwi tumbles after big rate cut, sparking rush for safety

LONDON: The New Zealand dollar fell 2% on Wednesday after its central bank stunned markets with an aggressive interest r

Published 07 Aug, 2019 10:31am

Financial

Rouble up from 3-month lows with an eye on China-U.S. trade dispute

MOSCOW: The Russian rouble regained ground on Tuesday, after falling sharply the day before to its weakest levels in thr

Published 06 Aug, 2019 10:12am

Financial

Rouble pares losses after sanctions-driven sell-off

MOSCOW: The rouble gained on Monday, recovering some of its losses last week, which were triggered by new US sanctions a

Published 05 Aug, 2019 04:07pm

Financial

Argentine peso weakens 1.74pc on local election and global trade jitters -traders

BUENOS AIRES: Argentina's peso currency fell 1.74% on Monday to 45.46 per US dollar because of uncertainty over the coun

Published 05 Aug, 2019 04:03pm

Financial

Sterling hits 23-month low vs euro as no-deal Brexit worries grow

LONDON: Heightened worries of a no-deal Brexit and the growing probability of a general election after the October Brexi

Published 05 Aug, 2019 02:38pm

Financial

Sterling hits 23-month low vs euro as no-deal Brexit worries grow

LONDON: Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears

Published 05 Aug, 2019 10:37am

Financial

Euro zone factory sickness infecting services growth -PMI

LONDON: Euro zone business growth hit a wall in July as demand crumbled, according to a survey which showed a deepening

Published 05 Aug, 2019 10:29am

Financial

Euro zone investor morale hits lowest since Oct 2014, Sentix says

BERLIN: Investor morale in the euro zone deteriorated in August to its lowest since October 2014, a Sentix survey showed

Published 05 Aug, 2019 10:21am

Financial

Russian finance ministry to increase daily FX purchases in Aug

MOSCOW: Russia's finance ministry said on Monday it would buy 11.2 billion roubles ($172.39 million) worth of foreign cu

Published 05 Aug, 2019 09:56am

Financial

Pound plunge prompts bargain hunters to look beyond Brexit fog

LONDON: For those with the stomach to digest more months of Brexit-induced political wrangling, sterling's plunge to two

Published 05 Aug, 2019 09:52am

Financial

Sterling hits 23-month low vs euro as no-deal Brexit worries grow

LONDON: Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears

Published 05 Aug, 2019 09:47am

Financial

Sterling holds near 30-month lows as Johnson's majority shrinks

LONDON: Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain's ruling Conversativ

Published 02 Aug, 2019 10:44am

Financial

Rouble slips to 7-week low vs dollar, hit by US tariffs on China

MOSCOW: The Russian rouble fell to a 7-week low versus the dollar on Friday after US President Donald Trump vowed to pl

Published 02 Aug, 2019 10:42am

Financial

Rouble slips to 7-week low vs dollar, hit by U.S. tariffs on China

MOSCOW: The Russian rouble fell to a 7-week low versus the dollar on Friday after U.S. President Donald Trump vowed to p

Published 02 Aug, 2019 09:14am

Financial

Sterling holds near 30-month lows as Johnson's majority shrinks

LONDON: Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain's ruling Conversativ

Published 02 Aug, 2019 09:05am

Financial

Russian rouble slips to 64 vs dollar, hit by US Fed guidance

MOSCOW: The Russian rouble slipped to a six-week minimum versus the dollar on Thursday after the US Federal Reserve indi

Published 01 Aug, 2019 03:33pm

Financial

Sterling sinks to $1.21 as BoE cuts growth forecasts before Brexit

LONDON: Sterling sank to a 30-month low on Thursday below $1.21, hurt by a stronger dollar, renewed worries about a no-d

Published 01 Aug, 2019 03:17pm

Financial

Sterling sinks below $1.21 after dollar jump, BoE cut to growth forecasts

LONDON: Sterling sank to a 30-month low on Thursday below $1.21, pressured by a stronger dollar, renewed worries about a

Published 01 Aug, 2019 01:17pm

Financial

Sterling touches 30-month low on firmer dollar and Brexit fears

LONDON: Sterling sank to a 30-month low on Thursday, pressured by a stronger dollar and renewed worries that Britain cou

Published 01 Aug, 2019 09:15am

Financial

Turkish lira weaker after Fed dampens hopes for more U.S. rate cuts

ISTANBUL: Turkey's lira weakened on Thursday after the U.S. Federal Reserve cut interest rates by a quarter percentage p

Published 01 Aug, 2019 08:46am

Financial

Rouble up before US Fed meeting, Ukrainian hryvnia at three-year peak vs dollar

MOSCOW: The Russian rouble firmed on Wednesday ahead of an expected cut to interest rates by the US Federal Reserve

Published 31 Jul, 2019 08:37pm

Financial

Sterling bounces back above $1.22 after four days of falls

LONDON: Sterling bounced back above $1.22 on Wednesday, enjoying a respite after four days of falls that took it to

Published 31 Jul, 2019 08:34pm

Financial

Sterling bounces 0.7pc after four days of steep falls

Sterling bounced as much as 0.7% versus the dollar and euro on Wednesday, enjoying a respite after four days of falls th

Published 31 Jul, 2019 02:57pm

Financial

Dollar eases off 2-month high as bets on big Fed rate cut fade

LONDON: The dollar hovered just off two-month highs on Wednesday as robust U.S. data all but eliminated chances the Fed

Published 31 Jul, 2019 11:39am

Financial

Sterling steadies after four days of falls, PM Johnson in N.Ireland

LONDON: Sterling steadied on Wednesday after four days of steep losses, rising 0.2% against the dollar, though it was on

Published 31 Jul, 2019 11:21am

Financial

Euro zone growth halves, inflation slows in spur for ECB

BRUSSELS: Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing marke

Published 31 Jul, 2019 11:12am

Financial

Turkish lira weakens ahead of cenbank inflation report

ISTANBUL: Turkey's lira was trading slightly weaker on Wednesday, as investors wore a cautious stance ahead of an expect

Published 31 Jul, 2019 05:53am

Financial

Sterling slides again amid scramble to price no-deal Brexit

LONDON: Sterling tumbled towards $1.21 on Tuesday as growing concerns about the chances of a disorderly Brexit spurred i

Published 30 Jul, 2019 04:11pm

Financial

Weak euro zone data backs Draghi's case for more easing

PARIS/BERLIN: A series of weak economic data from France, Germany and the euro zone as a whole on Tuesday painted a meag

Published 30 Jul, 2019 03:15pm

Financial

Trump China broadside scuttles stocks, sterling sinks again

LONDON: A snarling warning from US President Donald Trump ahead of trade talks with China rattled stock markets on Tuesd

Published 30 Jul, 2019 03:10pm

Financial

Euro struggles ahead of Fed meeting

LONDON: The euro hovered on Tuesday around the 26-month low it reached last week against the dollar as investors awaited

Published 30 Jul, 2019 01:20pm

Financial

Euro struggles ahead of Fed meeting

LONDON: The euro hovered on Tuesday around the 26-month low it reached last week against the dollar as investors awaited

Published 30 Jul, 2019 10:53am

Financial

Weak euro zone data backs Draghi's plan for more stimulus

PARIS/BERLIN: French growth slowed unexpectedly in the second quarter on weaker household spending and German consumer m

Published 30 Jul, 2019 10:45am

Financial

Russian rouble steadies ahead of Fed rate decision; Yandex shares recover

MOSCOW: The Russian rouble was steady in thin trade on Tuesday ahead of a U.S. Federal Reserve meeting where it is seen

Published 30 Jul, 2019 09:33am

Financial

Turkish lira strongest in nearly four months ahead of expected Fed cut, inflation report

ISTANBUL: Turkey's lira firmed on Tuesday to its strongest level in nearly four months, ahead of an expected interest ra

Published 30 Jul, 2019 09:31am

Financial

Sterling slides towards $1.21 amid scramble to price no-deal Brexit

LONDON: Sterling tumbled towards the $1.21 mark versus the dollar and crashed to 2-1/2 year lows against the yen on Tues

Published 30 Jul, 2019 09:19am

Financial

Pound plunges towards $1.22, prices rising chance of no-deal Brexit

LONDON: Sterling plunged to 28-month lows on Monday and headed for its biggest daily fall against the dollar since N

Published 29 Jul, 2019 08:01pm

Financial

Brexit worries knock sterling; stocks slip

NEW YORK: The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johns

Published 29 Jul, 2019 07:23pm

Financial

Sterling sinks on Brexit woes as London stocks soar

LONDON: The pound fell to levels not seen in over two years on Monday as a no-deal Brexit seemed ever more likely, while

Published 29 Jul, 2019 04:16pm

Financial

Pound tumbles below $1.23, factoring greater no-deal Brexit risk

LONDON: Sterling extended losses and fell below $1.23 towards 30-month lows on Monday, as more investors rushed to facto

Published 29 Jul, 2019 01:18pm

Financial

Dollar steels for Fed cut, Brexit bashes pound lower

LONDON: The dollar held near a two-month high on Monday ahead of what is expected to be the first US interest rate cut s

Published 29 Jul, 2019 01:16pm

Financial

Sterling slides to weakest since March 2017 on no-deal Brexit fears

LONDON: Sterling dropped to its weakest since March 2017 on Monday, amid concern that Britain was headed for a disorderl

Published 29 Jul, 2019 01:12pm

Financial

UK plays Brexit hardball with 'stubborn' EU, pound tumbles to a 28-month low

LONDON: Sterling slid to a 28-month low on Monday as Prime Minister Boris Johnson's government said it now assumed there

Published 29 Jul, 2019 12:50pm

Financial

Dollar steels for Fed cut, Brexit barges pound lower

LONDON: The dollar held near a two-month high on Monday ahead of what is expected to be the first US interest rate cut s

Published 29 Jul, 2019 12:47pm

Financial

Sterling slides to weakest since March 2017 on no-deal Brexit fears

LONDON: Sterling dropped to another low on Monday, hitting its weakest since March 2017 as investors grow increasingly w

Published 29 Jul, 2019 07:29am

Financial

Sterling falls as UK and EU lock horns again over Brexit

LONDON: The British pound weakened on Friday, weighed down by European Commission President Jean-Claude Juncker's tellin

Published 26 Jul, 2019 04:17pm

Financial

Euro sinks to 2-month low vs dollar as investors unsure about ECB policy

LONDON: The euro sank to a new two-month low against the dollar on Thursday as investors waited for the European Central

Published 25 Jul, 2019 02:07pm

Financial

Russian rouble firms ahead of ECB meeting

MOSCOW: The Russian rouble firmed on Thursday helped by oil prices ahead of a European Central Bank (ECB) meeting which

Published 25 Jul, 2019 01:52pm

Financial

Sterling holds below $1.25 as Johnson appoints new cabinet

LONDON: Sterling traded below $1.25 on Thursday, little changed, after new Prime Minister Boris Johnson filled his cabin

Published 25 Jul, 2019 12:30pm

Financial

Turkish lira flat ahead of an expected sharp rate cut

ISTANBUL: Turkey's lira was little changed on Thursday as investors waited to see the size of what is expected to be a s

Published 25 Jul, 2019 10:58am

Financial

Euro at 2-month low vs dollar as investors wait for ECB easing

LONDON: The euro sank to a new two-month low against the dollar on Thursday as investors waited for the European Central

Published 25 Jul, 2019 10:47am

Financial

Euro sinks to 2-month low vs dollar as investors unsure about ECB policy

LONDON: The euro sank to a new two-month low against the dollar on Thursday as investors waited for the European Central

Published 25 Jul, 2019 08:40am

Financial

Sterling rises before Johnson takes office; European markets sag

LONDON: The British pound rose Wednesday before arch-Brexiteer Boris Johnson's took over as prime minister, while Europe

Published 24 Jul, 2019 11:29am

Financial

Russian rouble firms vs euro to strongest since March 2018

MOSCOW: The Russian rouble firmed against the euro to its strongest level since March 2018 on Wednesday, buoyed by deman

Published 24 Jul, 2019 10:14am

Financial

Pound inches up after days of falls as Johnson prepares to take office

LONDON: Sterling inched higher on Wednesday against the dollar and euro after losses in recent days but options markets

Published 24 Jul, 2019 10:09am

Financial

Euro plumbs 2-month low ahead of ECB, pound under pressure

TOKYO: The euro slipped to a two-month low on Wednesday, as markets waited to gauge the European Central Bank's stance o

Published 24 Jul, 2019 07:14am

Financial

London forex trading turnover surges to record high

LONDON: Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesda

Published 23 Jul, 2019 07:19pm

Financial

Turkish lira trading volumes in London down 40pc from year-ago levels

LONDON: Average daily trading volumes of the Turkish lira fell by 40pc in April from a year earlier, the Bank of England

Published 23 Jul, 2019 03:08pm

Financial

Sterling settles below $1.25 as Johnson wins race to be PM

LONDON: Sterling, already trading near its lowest in two years, was little moved on Tuesday after Boris Johnson won the

Published 23 Jul, 2019 02:54pm

Financial

Weak sterling unfazed as Johnson wins party vote as expected

LONDON: Sterling recovered some losses but was little moved after news that Brexiteer Boris Johnson would replace Theres

Published 23 Jul, 2019 01:20pm

Financial

Pound down for third day before Conservative Party election outcome

LONDON: Sterling fell for the third straight day on Tuesday, dragged down by a firmer dollar and concern that Britain's

Published 23 Jul, 2019 01:12pm

Financial

British pound recovers on Boris Johnson victory

LONDON: The pound erased its morning losses Tuesday after arch-Brexiteer Boris Johnson won the race to become Britain's

Published 23 Jul, 2019 12:58pm

Financial

Russian roubles recovers vs dollar, firms vs euro

MOSCOW: The Russian rouble was steady near two-week lows versus the dollar on Tuesday. The rouble tracked moves on th

Published 23 Jul, 2019 11:18am

Financial

U.S. debt deal hoists dollar to a two-week high; pound sags

LONDON: The dollar edged to a two-week high versus its rivals on Tuesday after U.S. President Donald Trump and congressi

Published 23 Jul, 2019 09:08am

Financial

Russian roubles recovers vs dollar, firms vs euro

MOSCOW: The Russian rouble was steady near two-week lows versus the dollar on Tuesday. The rouble tracked moves on th

Published 23 Jul, 2019 08:52am

Financial

Pound down for third day before Conservative Party election outcome

LONDON: Sterling fell for the third straight day on Tuesday, dragged down by a firmer dollar and concern that the new pr

Published 23 Jul, 2019 08:47am

Financial

Sterling weakens as traders protect themselves against more falls

LONDON: The pound edged lower on Monday, with investors holding on to their hedges against further weakness ahead of the

Published 22 Jul, 2019 11:24am

Financial

Sterling pushed back to $1.25, on shaky ground

LONDON: The pound hovered around $1.25 on Friday after its biggest daily jump in more than two months in the previous se

Published 19 Jul, 2019 07:40pm

Financial

Rouble pressured by stronger dollar before S&P move on Russia

MOSCOW: The Russian rouble weakened on Friday as the US dollar pared earlier losses triggered by expectations the Un

Published 19 Jul, 2019 12:53pm

Financial

Euro weakens as investors raise bets on imminent ECB rate cut

LONDON: The euro fell against a rebounding US dollar on Friday and hit a 2-year low versus the Swiss franc, as inves

Published 19 Jul, 2019 12:51pm

Financial

Dollar steadies after rise in bets on bigger Fed rate cut

LONDON: The U.S. dollar recovered slightly in early Friday trading, having fallen heavily after dovish comments from a k

Published 19 Jul, 2019 11:59am

Financial

Rouble steady as hopes of U.S. rate cut outweigh lower oil prices

MOSCOW: The Russian rouble was slightly down on Friday, hurt by a recent drop in oil prices but supported by expectation

Published 19 Jul, 2019 11:36am

Financial

Brexit fears knock pound lower after biggest jump in 2 months

LONDON: The pound edged lower on Friday after registering its biggest daily jump in more than two months in the previous

Published 19 Jul, 2019 11:13am

Financial

Turkish lira slips as Trump unclear on sanctions

ISTANBUL: The Turkish lira weakened slightly early on Friday, giving up some of the gains made the previous evening as U

Published 19 Jul, 2019 09:27am

Financial

Sterling recovers from lows, helped by strong retail sales

LONDON: The British pound rebounded on Thursday after stronger-than-expected retail sales numbers and as the currency fo

Published 18 Jul, 2019 10:08pm

Financial

Sterling buoyed by retail sales, bid to prevent no-deal Brexit

LONDON: The pound rebounded on Thursday after stronger-than-expected retail sales numbers, also finding support from

Published 18 Jul, 2019 04:37pm

Financial

Dollar falls for a 2nd day on U.S. rate cut bets

LONDON: The dollar slipped for a second day against its rivals on Thursday on the back of softer U.S. Treasury yields af

Published 18 Jul, 2019 12:01pm

Financial

Turkish lira steady, shrugs off Ankara's removal from F-35 programme

ISTANBUL: The Turkish lira was steady on Thursday, shrugging off the U.S. decision to remove Ankara from the F-35 fighte

Published 18 Jul, 2019 09:01am

Financial

Dollar slips on softer U.S. yields; Aussie shines

LONDON: The dollar broadly edged lower against its rivals on Thursday after softer U.S. Treasury yields in the wake of w

Published 18 Jul, 2019 08:03am

Financial

Sterling touches two-year low as investors hedge rise in Brexit risk

LONDON: Sterling fell below $1.24 on Wednesday, levels not plumbed for more than two years, as investors continued to pr

Published 17 Jul, 2019 08:21pm

Financial

Sterling dives amid investor rush to hedge rise in Brexit risk

LONDON: Sterling fell below $1.24 on Wednesday, levels not plumbed for more than two years, as investors continued t

Published 17 Jul, 2019 02:09pm

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
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75
France CAC40 / Dec 20	7,274.48
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34

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%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.70 ▲ 0.43 (10.07%)
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%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Calcorp Ltd / Dec 23 Calcorp Limited(CASH)	27.48 ▲ 2.50 (10.01%)

Stock	Price
Faran Sugar (R) / Dec 23 Faran Sugar Mills Limited (R)(FRSMR)	9 ▼ -1.00 (-10.00%)
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%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	14.63 ▼ -1.62 (-9.97%)
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%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.60 ▼ -2.58 (-8.55%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.07
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.10
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.16
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.09
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	32,646,048 ▲ 0.43
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	31,980,059 ▲ 1.32
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.35
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	28,109,435 ▲ 2.01
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.13