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Tag Archives: US dollar

SA’s Rand firms to 1 week high against US dollar

rand

Johannesburg: According to the currency trader at Rand Merchant Bank, the rand firmed to a new one-week high against the dollar on Thursday. “The dollar is softer across the board ahead of holidays, and especially ahead of the nonfarm payrolls that come out tomorrow, so you’ll find some position lightening at the moment,” said Lee Naisbitt, a currency trader at Rand ... Read More »

US dollar dips against yen

dollar vs yen

LONDON: The dollar slipped versus the yen at the start of a new quarter on Wednesday, as a soft reading on Japanese business sentiment dented Tokyo shares and helped bolster the safe haven yen. The Australian dollar gained a lift from a better-than expected reading of Chinese factory activity and that added to the broadly weak tone of the greenback, ... Read More »

US dollar inches higher against yen, euro

yen dollar euro

SYDNEY: The dollar inched higher versus the yen and euro on Monday after the head of the US Federal Reserve underscored the view that the Fed is likely to start raising interest rates gradually later this year. The dollar edged up 0.1 per cent to 119.24 yen. It has fallen more than 2 per cent from a near eight-year peak ... Read More »

Indian rupee weakens by 31 paisa to 62.64 against US dollar

indian rupee vs dollar

MUMBAI: The Indian rupee weakened by 31 paise to 62.64 against the US dollar today at the Interbank Foreign Exchange on month-end demand for the American currency from banks and importers. Forex dealers attributed the fall in the rupee to increased demand for the dollar from importers and a lower opening of the domestic equity market but the Greenback’s weakness ... Read More »

US dollar trade in lower 121 yen in morning

us-dollar-

LONDON: The U.S. dollar traded in the lower 121 yen zone early Tuesday in Tokyo, little changed from its levels overnight in New York. At 9 a.m., the dollar fetched 121.37-38 yen compared with 121.28-38 yen in New York and 121.22-25 yen in Tokyo at 5 p.m. Monday. The euro was quoted at $1.0571-0572 and 128.31-32 yen against $1.0564-0574 and ... Read More »

US dollar slightly higher against yen

us-dollar-

LONDON: The dollar was slightly higher against the yen Friday, with investors avoiding taking lopsided positions ahead of the weekend and next week’s Federal Open Market Committee. The dollar USDJPY, +0.11% were at ¥121.47, compared with ¥121.26 late Thursday in New York. The euro EURUSD, -0.43%, tumbled to fresh 12-year low during Asian time Thursday. It last traded at $1.0584 ... Read More »

China‘s yaun strengthens to 6.1588 against US dollar

yaun

BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 29 basis points to 6.1588 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The ... Read More »

Australian, NZ dollar edges up on US Dollar

australian-NZ dollar

SYDNEY: The Australian and New Zealand dollars edged up on Friday as a shakeout in bullish US dollar positions gave the beleaguered Antipodeans some respite. The Australian dollar was at $0.7697, having jumped 1.4 percent on Thursday when disappointing US retail sales hurt the US dollar and triggered a wave of short covering. Resistance was found around $0.7735, then $0.7775. ... Read More »

US dollar strengths against Yen

dollar vs yen

LONDON: The dollar was higher against the yen Wednesday, as a solid Tokyo stock market and dip buying sent the greenback back to around where it was before yesterday’s rally. Around 0450 GMT, the dollar climbed to Y121.43 after falling as low as Y120.85 midmorning. That compared with Y121.14 late Tuesday in New York. Read More »

Euro slouches to 12yrs low against US dollar

euro

TOKYO: The euro fell to a fresh 12-year low against the dollar on Wednesday, extending a broad decline after the European Central Bank kicked off its 1 trillion euro bond-buying programme this week. The ECB began printing money to buy sovereign bonds on Monday with a view to supporting growth and lifting euro zone inflation from below zero. Yields on ... Read More »

US dollar climbs 8yrs high against Yen

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NEW YORK: The dollar rose to an eight-year high against the yen on Tuesday as the U.S. currency found steady bids on the back of expectations that the Federal Reserve may begin raising interest rates as early as summer. In contrast, the Bank of Japan remains deeply committed to monetary easing, buying large amounts of Japanese government debt to support ... Read More »

US dollar records high against euro, yen in Asian trade

yen dollar euro

LONDON: The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion. The skittish mood spread to Asian stocks as MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.6 percent. Driving the dollar was speculation ... Read More »

Indian rupee trade 25 paisa lower against US dollar

indian rupee

MUMBAI: The rupee weakened further by 25 paisa to trade at a fresh two-month low of Rs 62.80 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback’s value against other currencies overseas. Dealers attributed the fall in rupee to dollar’s gains against other currencies overseas and a lower opening in ... Read More »

US dollar climbs 8yrs high against Yen

us-dollar-

NEW YORK: The dollar rose to an eight-year high against the yen on Tuesday as the U.S. currency found steady bids on the back of expectations that the Federal Reserve may begin raising interest rates as early as summer. In contrast, the Bank of Japan remains deeply committed to monetary easing, buying large amounts of Japanese government debt to support ... Read More »

US dollar records high against euro, yen in Asian trade

yen dollar euro

LONDON: The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion. The skittish mood spread to Asian stocks as MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.6 percent. Driving the dollar was speculation ... Read More »

US dollar trade at upper 120 yen zone in early Tokyo deal

us-dollar-

TOKYO:  The U.S. dollar changed hands at the upper 120 yen zone early Monday in Tokyo. At 9 a.m., the dollar was quoted at 120.75-76 yen compared with 120.79-89 yen in New York and 120.10-12 yen in Tokyo at 5 p.m. Friday. The euro fetched 1.0842-0846 dollars and 130.95-96 yen against 1.0841-0851 dollars and 130.92-131.02 yen in New York and ... Read More »

US dollar trade at upper 120 yen zone in early Tokyo deal

us-dollar-

TOKYO:  The U.S. dollar changed hands at the upper 120 yen zone early Monday in Tokyo. At 9 a.m., the dollar was quoted at 120.75-76 yen compared with 120.79-89 yen in New York and 120.10-12 yen in Tokyo at 5 p.m. Friday. The euro fetched 1.0842-0846 dollars and 130.95-96 yen against 1.0841-0851 dollars and 130.92-131.02 yen in New York and ... Read More »

Indian rupee recovers 5 paisa against US dollar after 4 day fall

indian rupee vs dollar

MUMBAI: Snapping its four-day falling streak, Indian rupee today recovered by 5 paise to 62.20 against the US dollar in early trade at the Interbank Foreign Exchange market on back of selling of the American currency by exporters. According to Forex dealers, a higher opening in the domestic equity market and weakening dollar against other overseas currencies, strengthened the rupee. ... Read More »

US dollar stables against euro, yen ahead of US data

yen dollar euro

LONDON: The dollar was steady against the euro and the yen on Wednesday as investors looked ahead to a fresh batch of U.S. economic reports and a European Central Bank meeting for further indications on the direction of monetary policy. EUR/USD was at five-week lows of 1.1163, while USD/JPY was last at 119.73, holding below Tuesday’s highs of 120.25. The ... Read More »

US dollar stables against euro, yen ahead of US data

yen dollar euro

LONDON: The dollar was steady against the euro and the yen on Wednesday as investors looked ahead to a fresh batch of U.S. economic reports and a European Central Bank meeting for further indications on the direction of monetary policy. EUR/USD was at five-week lows of 1.1163, while USD/JPY was last at 119.73, holding below Tuesday’s highs of 120.25. The ... Read More »