Archive for the February 21, 2019
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The US dollar paused on Wednesday as traders positioned ahead of the release of monetary policy minutes, while China's yuan rose after the United States pressed Beijing to prevent a sharp weakening of its currency
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The dollar turned lower on Wednesday, as sentiment toward riskier assets improved with US equities holding gains on optimism about US-China trade talks and hope for a resolution of Britain's exit from the European Union.
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The dollar slipped against a basket of other currencies on Tuesday as traders scaled back their safe-haven greenback holdings on optimism that a fresh round of talks between China and the United States would help
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The Australian and New Zealand dollars were grinding higher on Wednesday as hints of progress in Sino-US trade talks lifted the yuan, while dovish signals from a range of central banks supported commodity prices. The
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Asian currencies strengthened against the dollar on Wednesday as hopes for a Sino-US trade deal continued to build. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he
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Sterling weakened on Wednesday after three lawmakers defected from Prime Minister Theresa May's ruling Conservative party in a move that could undermine her Brexit strategy. May has returned to Brussels to try to salvage her
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Chicago Board of Trade wheat futures soured on Tuesday as US wheat sellers failed to nab any export sales and traders waited impatiently for news on the latest of talks on the US-China trade war.
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On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3689. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.404 billion and the number of lots traded 11,104. Major
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Argentina's soya crop is battling storms that have flooded some marginal growing regions while helping yields in prime farm areas, with one grains exchange increasing its harvest forecast while another warned it may cut its
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Technical selling on Tuesday sent Chicago Board of Trade corn futures to the lowest prices in more than two months, as some traders began questioning whether the grains market is finally undergoing a reality check
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