Sentences with phrase «lows against the greenback»

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.

Not exact matches

* 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.

Meanwhile, Ukraine's hryvnia has dropped nearly 80 percent against the greenback this year, to trade at 15,7085 per $ 1 on Monday, off last month's all - time low of 15,8817, weighed by tensions between government forces and rebels in the country's eastern regions.

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.

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.

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.

The rise in dollar terms is lower because the greenback has strengthened against the Chinese currency during the period.

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).

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.

The greenback slid against all of its major peers yesterday's, falling to an eight week low against the pound sterling and sliding to 97.08 against the Japanese yen, amongst others.

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

Notching up some hefty losses across the board, the Sterling is more than a full cent weaker when valued against the Greenback this morning at 1.5260 whilst also significantly lower when valued against both the Australian dollar (1.9511) and the New Zealand dollar (2.0097).

Staying on the Euro for a moment, if the Euro trades much lower against the dollar moving towards parity with the greenback, it will likely hit multinationals hard.

After years of trading near decade lows, the greenback rocketed 25 % against major world currencies.

Given how low our dollar has fallen against the greenback, any suggestions for investing in a US index?

Sure enough, the Greenback surged higher against its major peers, but the currency is still just slightly off its 2 - yesr lows against the Euro, so there is ample room for a correction without endangering the underlying trend.