Not exact matches
The common
currency was 0.6 percent
lower against the U.S. dollar at 12:30 p.m. London time Monday as traders worried over an independence vote in Spain.
LONDON, April 11 - The U.S. dollar slipped to a two - week
low against a basket of
currencies on Wednesday as trade war fears receded but uncertainty over possible Western military action
against Syria bred risk aversion among some investors.
two - week
low against a basket of
currencies.
As a result, the value of the Russian
currency, the ruble, has deteriorated by 30 %
against the dollar so far this year, routinely hitting new record
lows along the way.
The dollar index, which tracks the U.S.
currency against a basket of six major peers, was little changed at 95.693, holding above Friday's 95.384, its
lowest since July 5.
NEW YORK, May 2 (Reuters)- The U.S. dollar rose to four - month highs
against a basket of major
currencies and world stock indexes mostly edged
lower on Wednesday as investors awaited the outcome of a Federal Reserve meeting and possible indications on the interest rate outlook.
Russia's sovereign credit rating was recently downgraded by ratings agency Moody's, while its
currency slumped to record
lows against the greenback amid ongoing incursions in Ukraine and the risk of harsher sanctions from the West.
NEW YORK, Dec 29 - The dollar fell to its
lowest in over three months
against a basket of major
currencies on Friday, on track for its biggest annual drop since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul.
NEW YORK, Dec 29 - The dollar fell to its
lowest in over three months
against a basket of major
currencies on Friday, marking its steepest annual drop since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul.
NEW YORK, Jan 2 - The S&P 500 and the Nasdaq Composite notched record closing highs on Tuesday, the first trading day of 2018, while European equities finished
lower and the U.S. dollar fell to its weakest level in over three months
against key
currencies.
NEW YORK, Jan 2 - European stocks closed
lower on Tuesday, the first trading day of 2018, while Wall Street advanced and the U.S. dollar fell to its weakest in over three months
against key
currencies.
* The dollar index, which measures the greenback
against a basket of
currencies, was little changed at 90.800,
lower than 91.076 hit in the previous session, its strongest level since Jan. 12.
Earlier the euro zone common
currency had fallen to a session
low against the dollar and yen on speculation that some large German banks could be asked to split their investment banking operations, driving European shares
lower.
So shared Wong's sentiment on apparent ineptitude among Chinese officials, suggesting that the PBoC's decision to fix the yuan
lower against the dollar in recent days had given the impression the central would not defend the value of the
currency for the time being.
The dollar was mixed Friday, higher
against the euro and many other
currencies but
lower against the yen.
The dollar index, which measures the greenback
against six rival
currencies, was down 0.48 percent at 91.89, after falling to a nearly one - week
low 91.808.
The last time the G - 20 issued such a firm statement
against currency wars Japan was in the spotlight as its campaign of monetary stimulus pushed the yen to its
lowest level
against the dollar in about five years.
In April however the single
currency has fallen rapidly to a four - month
low against the dollar, with the greenback buoyed by the U.S. Treasury yields topping three percent and expectations the Federal Reserve will further raise interest rates.
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 lira, one of the worst - performing emerging market
currencies this year, weakened to a record
low of 4.2487
against the dollar, from Wednesday's close of 4.1785.
Many of these investments involve buying companies in foreign
currencies, like the Australian dollar or British pound, that are trading near multi-year
lows against the US dollar, and far below their historic averages.
The rise in dollar terms is
lower because the greenback has strengthened
against the Chinese
currency during the period.
Turkish Airlines (TKHVY) shares were one of the benchmark's biggest movers, falling 8.2 % to 8.53 lira each while the
currency was marked 2.2 %
lower against the U.S. dollar at 3.6945.
Already some of his comments have been blamed for the
currency falling, most recently to two month
lows against the Japanese yen, after he claimed the strength of the US dollar
against China's yuan was «killing us».
The
currency, the world's worst performer
against the euro in the past month with a 4.2 percent decline, reached a record -
low 324.24 on Jan. 5.
Lower consumer spending means less sales by U.S. and foreign manufacturers — especially those in countries whose
currency is rising
against the dollar (e.g., Japan).
Sterling rose on Wednesday, extending gains from earlier in the day as better - than - expected construction PMI data calmed investors after a selloff that took the
currency five percent
lower against the dollar in two weeks.
As of today, the unemployment level maintains to the
lowest levels since 2009, but any increase in unemployment may weaken the European
currency against major pairs, including Yen.
Using the European
Currency Unit (the precursor to the euro) as a proxy, the bilateral exchange rate
against the euro area was the
lowest since 1992, when it reached the equivalent of 1.45.
The single
currency dropped 1.1 %
against the dollar Thursday after data showed that inflation in the euro zone fell to a near four - year
low in October.
I have been, and still am, a gold and hard assets investor to, number one, hedge
against global monetary inflation and fiat
currency devaluation and, number two, leverage rising demand for the metal in an environment of
low market confidence.
The U.S. dollar index (DXY) ended
lower against a basket of
currencies this week, settling down 0.6 % at 94.39.
It was a mixed message, to be sure, necessitated by the need to keep interest rates
low to help the economy advance
against headwinds such as a strong
currency and a tepid U.S. recovery.
Turkey's
currency hit another record
low against the dollar on the morning of May 3 after official data showed the inflation rose higher than expected in April.
The dollar was marked
lower against the euro and the yen, falling 1 percent
against the European
currency.
WCB said Fonterra had nothing to do with the strength of the Australian and New Zealand
currencies against the US
currency, New Zealand's ability to sign a free trade agreement with China ahead of Australia, and
lower production costs across the Tasman.
In foreign exchange markets, the U.S. dollar hit its
lowest level since December, 2014
against a basket of other leading
currencies.
If the dollar gets much
lower against the major
currencies of our world, I would expect to see some
currency intervention to try to raise the value of the US dollar.
One thing that fights
against them is the
currency; much stimulus comes from keeping the yuan
low.
Indiscriminately going long a higher - yielding
currency against a
lower - yielding
currency can land oneself in trouble.
Carry trading as it relates to forex involves going long a high - yield
currency against a
low - yield
currency
A deep ITM
currency option (FX option) where the strike
currency has a
lower interest rate than the
currency to be received will often be exercised early because the time value sacrificed is less valuable than the expected depreciation of the received
currency against the strike.
So Canadian investors will be exposed to
currency risk with this ETF: if the loonie appreciates
against any of these foreign
currencies, the fund's returns will be
lower.
Carry Trading: Carry trading, or simply «the carry trade» as it is called, is the strategy of simply buying a high interest - rate
currency against a
low interest - rate
currency and holding the position for what is usually a long period of time.
After years of trading near decade
lows, the greenback rocketed 25 %
against major world
currencies.
Carry - related forex trading involves being long a higher - yielding
currency against a
lower - yielding
currency and trying to profit off the spread between the two.
U.S. Dollar Falls to 15 Month
Low against Basket of Major Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currenci
Low against Basket of Major
Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
Currencies The U.S. Dollar fell to a 15 month
low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currenci
low against a basket of
currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding c
currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding
currenciescurrencies.
U.S. Dollar Losing Ground Ahead of ADP and ISM Services Report The U.S. Dollar is trading
lower against most
currencies with the exception of the Japanese Yen as stronger equity markets in Europe and Asia helped drove up demand for higher yielding assets.
Higher interest rates also impact demand for a
currency, with higher - yielding
currencies expected to appreciate
against lower - yielding
currencies, holding all else equal.
I wonder if anyone has thoughts about using forex to put up a crude hedge
against currency risk for a fairly
low cost.