Archive for  September 2019
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The dollar climbed on Tuesday to its strongest level in over two years against a basket of currencies as traders favored the greenback on worries about US-China trade tensions and a chaotic British exit from
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The euro plunged to a 28-month low against the dollar on Tuesday as investors priced in deeper negative interest rates for longer in the euro zone. The common currency's drop also came on the back
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The Australian and New Zealand dollars were under pressure on Tuesday amid doubts Sino-US trade talks would make progress anytime soon, though the Aussie got a lift as the country's central bank skipped a chance
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Most emerging Asian currencies weakened against a sturdy dollar on Tuesday as investors fretted over the outcome of Sino-US trade talks, while weak economic data sent the Indian rupee tumbling. Late on Monday, Bloomberg News
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Sterling sank to a three-year low below $1.20 on Tuesday as Prime Minister Boris Johnson's implicit threat to lawmakers to support him on Brexit or face an election sent investors rushing to dump British assets.
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South Africa's rand firmed on Tuesday, buoyed by data showing the economy grew more than expected in the second quarter after a shock contraction previously. At 1545 GMT, the rand was 0.84% firmer against the
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Export prices for Russian wheat fell last week for the fifth consecutive week as competition with Ukraine and other producers intensified, analysts said on Monday. Russian wheat exports have been slow so far this season,
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,120. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.023 billion and the numbers of lots traded were 5,237.
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Euronext wheat futures dropped to a 16-month low on Monday as hefty harvest supplies and chart-based selling again offset a potential export boost from a falling euro. December milling wheat on Paris-based Euronext settled 1.25
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Asia's naphtha crack rose to $13.80 a tonne on Monday after falling to its lowest since June 18 late last week. Still, the intermonth spread, the difference between prices for second-half October and second-half November,
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