Search Results for 'Trade'

$A rises on retail trade figures

The Australian dollar has risen above 108 US cents on strong domestic retail data. At 1200 AEDT on Wednesday, the Australian dollar was trading at 107.95 US cents, up from 107.83 cents on Tuesday. The local currency hit 108.07 cents after [...]

Posted On : Feb, 29 2012 | Comments : 0

FOREX-Euro sags, trade cautious as risk events loom

SINGAPORE, Jan 11 (Reuters) - The euro fell against the dollar on Wednesday and floundered near a record low versus the Australian dollar in cautious trade a day ahead of a European Central Bank policy meeting and debt sales from Spain. [...]

Posted On : Jan, 13 2012 | Comments : 0

Yen Trades Near Two-Week Low as Asian Stock Gains Curb Deman...

The yen was 0.2 percent from a two- week low against the euro as Asian stocks extended a global equity rally, curbing demand for haven assets. Japan’s currency fell yesterday after six central banks led by the Federal Reserve acted [...]

Posted On : Dec, 01 2011 | Comments : 0

Japanese Yen may trade with appreciation bias:Angel Broking

Euro/INR: The Euro traded lower by almost 1 percent on Monday on account of rising worries over Euro Zone debt tensions. Additionally, dollar strength also acted as a negative factor for the currency yesterday. The Euro touched an intra-d [...]

Posted On : Oct, 19 2011 | Comments : 0

China says US yuan vote could set off trade war

US lawmakers defied warnings from Beijing and the White House to approve the measure, which leaders of the Republican-led House of Representatives also warn could lead to a trade war between the world's two largest economies. Repub [...]

Posted On : Oct, 15 2011 | Comments : 0

Currency Moves to Affect U.S. Trade More Than China’s, BIS S...

U.S. trade will be affected more than China’s by fluctuations in real exchange rates as the world’s largest economy has a higher amount of intra-industry transactions, the Bank for International Settlements said. &n [...]

Posted On : Sep, 19 2011 | Comments : 0

Rupee gains against U.S. dollar in opening trade

The Indian rupee rose by 13 paise to Rs. 47.09 per dollar in opening trade on the Interbank Foreign Exchange on Tuesday as the American currency weakened against the euro and other rivals amid a rally in the domestic equity market. On [...]

Posted On : Sep, 13 2011 | Comments : 0

Dollar weak against yen in thin trade

The dollar weakened slightly against the yen on Friday, hovering not far off a post-war low against the Japanese currency, in subdued trading at the start of the summer holiday season. The greenback traded at 76.77 yen in the afternoon in [...]

Posted On : Aug, 12 2011 | Comments : 0

Iran Trade in local currency a step forward to boost regiona...

Dr Ashfaq Ahsan Khan, renowned economist, on Monday said trade in local currency would help boost regional economy and create better understanding among the people of Islamic countries. “President Asif Ali Zardari’s suggestion [...]

Posted On : Jul, 19 2011 | Comments : 0

Traders raise bets against sterling

What is the world’s favourite funding currency? The dollar, perhaps, or the yen. Wrong, say strategists. Sterling, which last week tumbled to a 16-month low against the euro and a five-month trough versus the dollar, now looks the [...]

Posted On : Jul, 05 2011 | Comments : 0

Foreign Exchange Report : GBP AUD, GBP NZD and GBP ZAR Rates...

The Pound Euro exchange rate (GBP EUR) is 1.1198. The Pound Dollar exchange rate (GBP USD) is 1.6412. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5403. Ben Bernanake, Chairman of the US Federal Reserve, spoke at a banking con [...]

Posted On : Jun, 14 2011 | Comments : 0

China trade going yuan

MORE than half of China's trade — about $US2 trillion ($A1.87 trillion) annually — will be settled in Chinese yuan by 2015, making it the third most traded currency in the world. Yet despite the seismic shift in global cur [...]

Posted On : May, 31 2011 | Comments : 0

Yuan set to become No. 3 trade currency

THE Chinese yuan looks set to become the third most popular currency for settling trades in the next six months, according to an HSBC trade confidence survey. The yuan's increasing acceptance around the world on the back of China' [...]

Posted On : May, 24 2011 | Comments : 0

Currency Traders Ponder Future As Risk-On/Oil Correlation Fa...

As crude-oil futures spiked through $100 a barrel Wednesday, they left behind two partners that had previously accompanied them on such rallies: the euro and the Australian dollar. It's early days, but some see moves like this one- [...]