Archive for the October 2, 2019
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The dollar fell against the euro and the yen on Tuesday after data showed weakness in the US manufacturing sector and a lower-than-expected rise in construction spending. Against a basket of six major currencies, the
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The euro fell to its lowest in two-and-a-half years against the US dollar on Monday as concerns about euro zone growth weighed on the single currency, while the greenback benefited from seasonal demand and uncertainty
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The Turkish lira tumbled 1.25% on Tuesday, on track for its worst performance in more than a month, after President Tayyip Erdogan said Turkey had no choice but to act alone without US cooperation to
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Most Asian currencies edged lower against a stronger dollar on Tuesday, with the South Korean won weakening the most after dismal inflation and exports data stoked bets of further monetary policy easing. The US dollar
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The Australian dollar weakened to a one-month low on Tuesday after the central bank cut rates to a record low, while its New Zealand counterpart stumbled after the country's business confidence deteriorated in the September
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The British pound extended losses on Tuesday, plunging through technical support levels to a one-month low against the dollar as traders became increasingly nervous about Britain crashing out of the European Union at the end
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,107. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.838 billion and the numbers of lots traded were 9,220.
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Chicago Board of Trade soyabean futures rallied higher on Monday on Chinese buying and tighter-than-expected US stockpiles, traders said. November soyabeans jumped 23 cents to $9.06 per bushel and hit their highest price since July
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Euronext wheat futures rose to a seven-week high in late trading on Monday after lower-than-expected estimates of US grain stocks added to earlier support from a falling euro. Benchmark December milling wheat on the Paris-based
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Export prices for Russian wheat rose last week for a second week with futures rising in Chicago and Paris, analysts said on Monday. Egypt's state grains buyer GASC agreed to buy 240,000 tonnes of Russian
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