Sentences with phrase «against the greenback as»

When oil prices fall, the loonie typically follows suit, especially against the greenback as oil prices are denominated in U.S. dollars.

Commodity - driven currencies like the Canadian, Australian and New Zealand dollars are also likely to weaken against the greenback as commodity prices fall.

Not exact matches

The dollar, measured against a basket of currencies, has now given up more than half of the gains it notched up this month when investors rushed into the greenback as equity markets suffered a violent sell - off.

Although Bernanke denies it, the Fed's money - printing naturally depressed the value of the greenback against other important currencies, such as the euro and yen.

Other commodity currencies such as the Australian and New Zealand dollars also lost heavily against the greenback.

The greenback may lag further against its peers in 2018 as investors expected other major central banks to reduce their stimulus while the Federal Reserve has signaled it would raise interest rates further, analysts said.

As I said, the greenback's been on the decline for most of the year so far, but it slumped to a 13 - month low against the euro last week following European Central Bank (ECB) president Mario Draghi's remark that «monetary accommodation» would continue in the European Union (EU) until at least the end of the year.

China may have played an early card in this week's trade summit with the United States as officials pegged the yuan at the lowest levels against the greenback in more than three months as the country's trade surplus swells to $ 58.25 billion.

Investors sold the greenback against most major currencies, as the potential for an asset purchase tapering when the FOMC meets in two weeks was diminished slightly.

As the global economy recovers, pressure is increasing on China to loosen that peg, which nearly all currency experts believe would cause the yuan to rise against the greenback.

As US consumer prices declined unexpectedly on a month - to - month basis, Treasury yields retreated, while the Dollar remained under pressure against the Euro (although a break above 1.24 didn't happen in the EUR / USD), while the safe - haven Yen regained some of its recent losses against the Greenback.

The yuan lost against the greenback in the previous day to as low as 6,5430 after the central bank changes two regulations on foreign exchange, seeming to indicate to let the yuan move more freely.

However, it wasn't just EM, as the greenback closed firmer against the majors as well.

The euro has gained against the greenback over the last two weeks as the Eurozone approaches a much - need agreement to release More...

The euro has gained against the greenback over the last two weeks as the Eurozone approaches a much - need agreement to release further aid to Greece.

Gold recovered as the U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, slid 0.21 % to 92.09, pulling back from Tuesday's four - month highs of 92.37.

As the weekly chart below shows, the greenback has been trending consistently lower against the Singaporean Dollar since the start of 2017.

CFB have suffered back - to - back losses due to the high Aussie dollar but, as the dollar falls against the greenback, their profits rise.

The Greenback's troubles only worsened as the day progressed, thanks to news that special counsel Robert Mueller filed charges against Trump's associates from the election campaign.

As for the Greenback, it was able to claw its way higher against the Swissy.