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Archive for the January 5, 2017

    • News Desk
    • Jan 5th, 2017
    • Comments Off on Southeast Asian markets upbeat; Thailand climbs

    Southeast Asian stocks ended higher on Wednesday as positive sentiment spilled over from Wall Street and European markets overnight on upbeat factory data from the United States and the euro zone. US factory activity accelerated

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on FTSE steadies near record high, Next slumps

    Britain's top share index closed slightly firmer and near a record high on Wednesday as a rally in housebuilders was offset by a slump in retailers after Next issued a profit warning. The bluechip FTSE

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Dollar edges back towards recent peak in Asia

    The dollar moved back towards a 14-year peak on Wednesday as US debt yields resumed climbing, giving a lift against the safe-haven yen amid strong investor appetite for riskier assets. The dollar index against a

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Dollar edges down against basket of currencies in Europe

    The dollar edged down from a 14-year high against a basket of currencies on Wednesday, with investors cautious about increasing bets on the greenback before getting fresh clues on the US economy and the timing

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Early trade in New York: dollar falls against euro, yen

    The dollar fell against the euro and yen on Wednesday, backing off a 14-year high against a basket of currencies with investors cautious about increasing bets on the greenback without fresh clues on the US

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Dollar hits 14-year highs in New York

    The US dollar rose to its highest in 14 years against the euro and a basket of major currencies on Tuesday after data showed solid growth in US manufacturing. The dollar index rose to 103.820,

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Bangladesh’s interbank forex rates

    Inter-bank buy/sell rates for the taka against the dollar on Wednesday. 78.70-78.70 (previous 78.70-78.70). Copyright Reuters, 2017

  • The Sri Lankan rupee ended steady in thin trade on Wednesday amid worries over slowing foreign fund inflows and after the central bank chief signalled a change in the monetary authority's intervention policy to defend

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Asian forex: ringgit drops to 19-year low

    The Malaysian ringgit briefly touched a 19-year low against the dollar on Wednesday, as the greenback continued to strengthen on expectations of further US interest rate hikes later this year. The ringgit fell as low

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Upbeat data helps sterling score first rise of 2017

    Sterling posted its first daily rise against the dollar of 2017 on Wednesday, climbing back above $1.23 as upbeat business and consumer data, and a pause in the US currency's upward march, pulled the pound

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