Archive for the January 30, 2018
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With correlations between interest rates and currencies approaching their lowest levels in more than a decade, investors are pondering whether the traditionally dominant driver for foreign exchange markets remains relevant. In usual times, currencies can
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The dollar crawled up from lows on Monday but struggled to pull ahead from six straight weeks of losses on its evaporating yield advantage and doubts about Washington's commitment to a strong currency. The dollar
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The dollar rose on Monday against a basket of currencies as US bond yields climbed and traders waited for a Federal Reserve meeting and a US jobs report later in the week, while the euro
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The dollar consolidated losses against a basket of currencies on Monday as US bond yields rose but traders were cautious on the broader outlook as recent strong data has not changed expectations about the path
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Interbank buy/sell rates for the taka against the dollar on Monday. 82.90-82.90 (Previous 82.90-82.90). Copyright Reuters, 2018
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The Sri Lankan rupee ended slightly weaker on Monday in dull trade as banks and importers bought dollars, dealers said. The spot rupee, which traded at 153.80 per dollar during the day, ended at 153.75/85
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Asian currencies consolidated recent strong gains on Monday, starting the week on a subdued note against the dollar as the US currency made little headway after faltering over the past month. The dollar was marginally
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China's yuan edged up slightly against the US dollar on Monday, following a much stronger midpoint fixing by the central bank. The dollar crawled up from lows on Monday but struggled to pull ahead from
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Sterling headed on Monday for its biggest one-day fall against the dollar since November 2 as new concerns over Prime Minister Theresa May's ability to advance her plans for Brexit encouraged traders to take profits
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The Australian dollar eased from 2-1/2 year peaks on Monday as speculators booked some profits on short US dollar positions while bracing for a key report on domestic inflation later in the week. The Aussie
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