Not exact matches
LONDON, Oct 24 - The euro fell to a one - week low
against the
dollar on Wednesday after worse - than - expected German business activity and sentiment data fuelled concerns of
weakness in the euro zone's largest economy.
Gartner noted that the
weakness of other currencies
against the
dollar had led to price hikes in certain regions, leading in turn to fewer sales.
Renewed confidence in the European economy and persistent
weakness in the
dollar have driven the euro up 16 percent
against the U.S. currency from the first quarter last year to the end of March 2018.
Elsewhere in forex markets, it's a relatively calm day, with a slight correction in the risk - off trade that we have been monitoring for weeks, as the yen is a tad lower today
against all of its major peers, while the
Dollar couldn't gain on risk - on currencies, despite the equity
weakness.
The
dollar's
weakness has also been pervasive
against Canada and Mexico, which have not had growth surprises.
It was unable to rally
against some early
weakness in the
dollar (DX to 91.49) during Asian hours from some early strength in the yen (109.40 — 109.13, BOJ kept policy steady, removed time frame on reaching 2 % inflation target).
The U.S.
Dollar Index is modestly lower today at 92.43 with the greenback displaying
weakness against the euro -LRB--0.3 % at 1.1988) and the yen -LRB--0.6 % at 109.22).
Furthermore,
weakness of the euro and the British pound
against the US
dollar, combined with market volatility caused by ongoing geopolitical uncertainty, presents managers with additional stock - picking opportunities in the region.
Our exchange rate
against the US
dollar and the currencies of most of our trading partners has shown little net change over the past year, and the rise in the trade - weighted index in recent months has been due mainly to the
weakness being experienced by the Japanese yen.
Despite the continued
weakness in commodity markets, the further decline in the Australian
dollar against the major international currencies has meant that, in domestic - currency terms, commodity prices have remained roughly stable in recent months.
The US
dollar's
weakness extended into another month, making the US currency's performance
against other major currencies over the first seven months of 2017 its worst start to a year for more than three decades.
You pay for the vehicle's incredible off - road capability (whether you use it or not) and, in terms of parts and tuneup work, you will pay for the
weakness of the
dollar against the British pound.
Since c. 2008 - 9, investors are hedging
against «inflation, US
dollar weakness and possible geopolitical events,» instead of investing in the front end of the oil market.