Sentences with phrase «year against a currency»

The dollar rose to the highs of the year against a currency basket on Tuesday as investors awaited a FED meeting expected to point to another possible rate hikes this year.

Not exact matches

Elsewhere, the dollar held at a three - month high against a basket of currencies, after having received a boost from U.S. 10 - year Treasury yields holding near the key 3 percent level.

The common currency rose to a two - and - half year high against the dollar on doubts over the U.S. currency but also after European Central Bank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary policy.

The euro, which in the aftermath of January's meeting rose to a new three - year high, started the year surging against other currencies, including the U.S. dollar, as the region's economy improved and political risks dissipated.

Their declining currencies against the dollar (8 - 9 percent over the past 12 months), falling stock market values since the beginning of the year and high (India) and rising (Brazil) bond yields are reflecting their funding difficulties.

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.

SINGAPORE, May 3 - The dollar traded below a four - month high against a basket of currencies on Thursday, with the focus shifting to economic data after the Federal Reserve did little to alter market expectations for further interest rate rises this year.

Elsewhere, the going remains tough for GSK's business, with the full - year earnings hit from currency moves now seen at 8 percent, against 6 percent previously.

Meanwhile its currency, the ringgit, has hit levels seen since the 1998 Asian Financial Crisis and lost as much as 28 percent of its value against the U.S. dollar from the beginning of the year through the end of September.

Brazil's currency, the real (pronounced «Hey - I»), fell as much as 30 % against the U.S. dollar in 2015, trading at around four reals to one U.S. dollar for most of the year.

NEW YORK, Jan 3 - The U.S. dollar extended gains against key currencies on Wednesday after the release of minutes from last month's Federal Reserve meeting, while world shares smashed records on investor optimism in the new year.

Apart from slowing global demand, export growth is seen crimped by a strong dollar, which so far this year has strengthened by about 4 percent against the currencies of the country's main trading partners.

NEW YORK, Feb 5 - The dollar rose against a basket of currencies on Monday as the U.S. bond market selloff levelled off after the 10 - year yield hit a four - year peak on worries that the Federal Reserve might raise interest rates faster to counter signs of wage pressure.

One of the key drivers has been the dollar, which has lost 3.2 % against a basket of major currencies so far this year, a decline that was exacerbated last week when U.S. Treasury Secretary Steven Mnuchin suggested President Donald Trump's administration favored a weaker currency.

A year before that, Treasury's Financial Crimes Enforcement Network (FinCEN) asked digital currencies exchanges — platforms for buying, selling and storing digital currencies — to register with FinCEN, and «report suspicious transactions to adequately guard against money laundering and terrorist financing abuse.»

The greenback is up 4.5 percent year to date against a basket of currencies, and up 3 percent over the past month.

The dollar's 9 % decline this year against a basket of global currencies helped greatly.

In 2015, the dollar enjoyed its fastest rise in 40 years, and it continues to gain steam against the world's other major currencies.

The dollar index, which measures the greenback against a basket of global currencies, is up more than 7 percent over the past year.

The euro and the yen both fell more than 20 % against the U.S. currency over the past year.

They have either fallen off the proverbial patent cliff (Novartis» Diovan, which lost US exclusivity in 2012) or succumbed to a stronger U.S. dollar against European and Asian currencies despite rising sales (Novo Nordisk's NovoLog, which also missed this year's list).

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.

Renewed confidence in the European economy and persistent weakness in the dollar have driven the euro up 16 percent against the U.S. currency from the first quarter last year to the end of March 2018.

But it needs to be viewed in the context of the currency's relative strength: The yuan was one of few currencies to have appreciated against the dollar over the past five years.

The dollar index against the world's major currencies is at a four month high with the interest rate gap set to widen between the dollar and euro - zone as the US Federal Reserve plans several more rate hikes this year.

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.

SYDNEY (Reuters)- The dollar rose to its highest in over four years against a basket of currencies on Thursday after the Federal Reserve's guidance on interest rates highlighted the diverging pathways between the United States and other rich nations.

Apart from slowing global demand, exports are seen crimped by a strong dollar, which so far this year has strengthened by about 4 percent against the currencies of the country's main trading partners.

Chinese companies that borrowed in foreign currency at a record pace in the past three years will buy dollars to protect against losses, he said.

Excerpt below: The dollar fell some 10 % against a basket of currencies last year, the first annual decline in five years.

Based on the U.S. Dollar Index, the greenback has slid so far this year by 9.4 % against rival currencies.

The US dollar has declined more than 10 % against major currencies this year — despite two rate hikes and the Fed's announcement that it plans to reduce its massive balance sheet.

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

Currency strategists gave weaker exchange rate forecasts for major emerging countries such as China, Brazil, South Africa and Turkey in the monthly survey, pointing to a sixth straight year of dollar gains against most high - yielding currencies.

by Silvio Cascione, Sumanta Dey and Vuyani Ndaba (Reuters)- The U.S. dollar is likely to set new records against emerging market currencies this year, although its climb may be slower than in 2015 and possibly hampered by more frequent bouts of volatility, a Reuters poll suggested.

Even though the dollar has raced to 14 - year highs against a basket of currencies in the wake of the Fed meeting, only a slim majority - 52 percent of poll participants who expressed a view - thought the euro / dollar exchange rate would break below parity in 2017.

The currency is one of the few to have appreciated against the US dollar over the past five years (up 6 percent as of last Thursday), Thomson Reuters data show.

The dollar fell a cent against the U.S. currency as traders realized the odds of another interest - rate increase this year had become remote.

The euro may be languishing now, but it could well rebound substantially over the course of a typical five - or seven - year corporate bond term, especially against emerging markets currencies that are on slippery footing themselves.

The currency is strengthening against the US dollar, and has posted a 3.1 % rise since the beginning of the year and 10 % since January 2017.

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.

Further measures are likely during the year as the authorities grapple with slowing growth, adverse balance of payments flows, and the desire to maintain a stable currency against a basket.

It is hard to post US dollar revenue growth when half of your revenues comes from offshore and your currency gained 12 % against other currencies during the same year.

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.

The German index is still stuck in a clear downtrend as the European common currency it a new two and a half year high against the Dollar.

In the past year, the U.S. dollar has declined against virtually every currency and commodity.

They printed a massive amount of Swiss Franc which they've converted to other currencies which they bought equities and they've done so well so the paper profit 55 billion last year equal to eight percent of their GDPall through the creation of money in order to keep the Swiss Franc weak, which they've managed to weaken against the Euro last year also by about 10 percent even though the Swiss itself held against the dollar was a little bit stronger..

China's currency has appreciated 25 - 30 percent against most major currencies over the last eight years.

Asian fixed income looks attractive compared with the US From an investment perspective, most Asian currencies appear undervalued against their true potential — and especially undervalued against the US dollar, which we expect to see weaken over the next few years.

Our exchange rate against the US dollar and the currencies of most of our trading partners has shown little net change over the past year, and the rise in the trade - weighted index in recent months has been due mainly to the weakness being experienced by the Japanese yen.