The Canadian dollar took the top spot against the struggling greenback in January as a combination of strong gains in risky assets and a 15 percent rally in oil prices boosted appetite. On Thursday, the

Read More

The dollar fell on Wednesday, after the Federal Reserve held interest rates steady, as expected, and struck a cautious tone on its outlook for the economy and future interest rate increases. The greenback hit session

Read More

The Australian and New Zealand dollars held hefty gains on Thursday after their US counterpart was scuppered by a surprisingly dovish turn from the Federal Reserve, which also boosted bonds world wide. The kiwi dollar

Read More

The Federal Reserve's dovish turn supported Asian currencies on Thursday and sent the dollar lower as the move improved sentiment across the region which had been hit hard by the US central bank's tightening cycle

Read More

Sri Lanka's rupee rose 0.5 percent on Thursday, and posted a gain of 2.4 percent for the month, as foreign investors purchased government securities, while Fitch rating agency revised down forecast for the currency for

Read More

The pound steadied on Thursday as Britain prepared to resume negotiations with the European Union over how to resolve the issue of Irish border arrangements after Brexit. Sterling has strengthened 4 percent this year due

Read More

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,667. The traded value of Metals, Energy and COTS/FX was recorded at PKR 14.036 billion and the number of lots traded 20,255. Major

Read More

ICE Canadian canola futures eased on Wednesday, pressured by a surging Canadian dollar. The dollar's strength more than offset the otherwise bullish influence of a rally in soyaoil, a trader said. The Canadian dollar touched

Read More

Chicago Board of Trade soyabean futures closed modestly higher on Wednesday on technical selling and optimism about the start of high-level US-China trade talks in Washington, traders said. CBOT March soyabeans settled up 2 cents

Read More

Asia's open-specification naphtha price for first-half March was $8.50 higher than first-half April on Wednesday, the highest intermonth premium since Aug. 6, 2018, supported by tighter supplies and firm demand, traders said. They added that

Read More