Archive for  September 2019
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The dollar edged lower against the euro on Thursday, giving up some of the sizeable gains from the previous session, as the common currency recovered a little after sinking to a 28-month low amid an
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The dollar rose across the board on Wednesday, rebounding from the previous day's slide as investors nervous about an impeachment inquiry against US President Donald Trump sought a safe haven, and as sterling fell 1%
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South Africa's rand steadied against the dollar in afternoon trade on Thursday, after hitting a new three-week low earlier in the session as the greenback rose amid optimism over a trade deal between the United
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Most Asian currencies inched higher on Thursday, with investors cautiously optimistic after US President Donald Trump hinted the United States and China could resolve their trade differences soon. Trump said that a trade deal with
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The Australian dollar ticked upwards on Thursday helped by hopes of a Sino-US trade deal soon while its New Zealand cousin jumped after the country's central bank governor said unconventional monetary policy was unlikely. However,
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The pound recouped earlier losses on month-end rebalancing flows and edged higher on Thursday as investors waited for parliament's next step to break the Brexit impasse as opposition leaders gathered to discuss tactics. Against the
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Asia's naphtha crack fell for the third straight session to reach a 1-1/2 week low of $40 a tonne on Wednesday, in tandem with lower oil prices. But the inter-month time spread at $10 a
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On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,214. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.970 billion and the numbers of lots traded were 9,633.
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ICE Canadian canola futures dipped on Wednesday, with trading muted as concerns about bad weather disrupting the harvest were outweighed by declines in soyabeans that dragged canola lower. The benchmark November canola futures contract closed
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A lack of rainfall and late frosts over Argentina's main wheat-producing region are already leading to drop in crop yields, the Rosario grains exchange said on Tuesday. Argentina, a major global wheat exporter, had reported
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