Sentences with phrase «weakest currency after»

After last week's lashing, the Kiwi got whipped some more and ended up as this week's second weakest currency after the pound.

Not exact matches

LONDON, April 24 - Less than two weeks after the latest round of U.S. sanctions plunged Russia's rouble to 16 - month lows, some global funds have already stepped back in to buy rouble - denominated sovereign bonds and take advantage of the weaker currency.

While China is usually singled out for its policies, other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued currency, after the creation of the euro, and on weak wage growth, after the 2003 — 05 labor reforms.

Emerging market currencies have been hit by a sell - off in the first week of trading this year after weak economic data in China rekindled worries over global growth and halted trading on Chinese equity markets on two days.

Shares of BMW AG were losing around 2 percent in the early morning trading in Germany after the luxury carmaker reported Friday that its first - quarter pre-tax profit edged down on weak revenues due to currency effects, while net profit increased from last year.

A few dollar - denominated commodities moved higher on Friday in response to a weaker U.S. Dollar, a drop in U.S. Treasury yields and softer - than - expected U.S. economic data.The dollar was pressured against a basket of currencies after the initial reading on first - quarter gross domestic product came in at 2.3 percent.

The Canadian dollar, also endearingly known as the «loonie» after the bird on the currency, has been and continues to be weak against the U.S. dollar.