Sentences with phrase «rose against the greenback»

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.

The yuan has been rising against the greenback since early morning Wednesday, after a four - day depreciation.

Not exact matches

Since the election, the dollar index, which measures the greenback against a basket of currencies, has risen 3.6 percent.

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

Europe's common currency rose to two - and - half year highs against the greenback Monday.

It is hard to remember now, but much of that $ 4 trillion in IOUs was racked up when developing markets finance ministers blasted Washington for driving the greenback down, and the Chinese yuan seemed poised to rise against the dollar indefinitely.

With a couple notable exceptions, the consensus on the street appears to be that the single currency will rise to 1.25 or 1.30 against the greenback by the end of the year, supported by accelerating economic growth in the Eurozone and an end to the European Central Bank's (ECB) quantitative easing program.

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 $ 10 rise in the price of crude oil between the 1st and 22nd of August strengthened the Canadian dollar against the Greenback.