Archive for the January 11, 2018
-
Boeing reported record commercial plane deliveries for 2017 on Tuesday and said cargo and customer passenger trends continued to look strong for 2018. The improvements were fuelled by global economic growth of three percent and
Read More -
The dollar extended losses against the yen on Wednesday after the Bank of Japan's move to trim Japanese government bond (JGB) purchases in the previous session triggered speculation that it could begin tapering its massive,
Read More -
The US dollar slumped on Wednesday after a report that China was ready to slow or halt its US treasury purchases, with the greenback posting its biggest single-day drop against the Japanese yen in nearly
Read More -
The dollar edged higher against a basket of major currencies on Tuesday, to hit an eleven-day peak, as its decline last week to the lowest in more than three months continued to draw bargain hunters.
Read More -
The dollar edged higher against a basket of major currencies on Tuesday, to hit an eleven-day peak, as its decline last week to the lowest in more than three months continued to draw bargain hunters.
Read More -
China's yuan weakened to its lowest in nearly two weeks against the US dollar on Wednesday, following changes to the central bank's midpoint fixing mechanism. The People's Bank of China (PBOC) took a step to
Read More -
The Philippine peso hit a more than three-week low on Wednesday after the country posted a record trade deficit, while most other Asian currencies lacked direction as the dollar struggled to sustain its recent recovery.
Read More -
The Sri Lankan rupee closed marginally firmer on Wednesday in dull trade, as dollar conversions by exporters surpassed mild demand for the US currency from importers and banks, dealers said. The spot rupee ended at
Read More -
Sterling edged down on Wednesday to its lowest in almost two weeks against the dollar, as investors locked in profits after a rally and showed reluctance to push it any higher until they see major
Read More -
The Australian and New Zealand dollars suffered a mild setback on Wednesday after a sharp, and sudden, rise in Treasury yields forced a squeeze on short US dollar positions overnight. The Aussie had eased off
Read More