Search Results for: US Dollar
Russian ruble drops to historic low amid sanctions
September 16th, 2014
Russia’s currency dropped to an all-time low against the dollar on Tuesday as investors fret about the fallout of economic sanctions. The United States and the European Union last week imposed a new round of sanctions against Russia for ...
Rupee extends losses against dollar
September 15th, 2014
The rupee-dollar pair hit 61.0875, its highest since September 18. The pair was trading at 61.06/07 versus Wednesday’s 60.96/97 close. Nifty was down 0.6 per cent. Month-end demand from importers further helped the pair. Foreign fund flows will remain ...
Australia 200 – Drops Sharply Back to Key 5500 Level
September 15th, 2014
Australia 200 for Monday, September 15, 2014 For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to consolidate just under the 5600 level, before falling ...
Dollar’s rise pressures commodities amid Fed anxiety
September 12th, 2014
The U.S. dollar was riding high in Asia on Friday as unceasing speculation about the prospects for rising U.S. interest rates undermined commodity prices and spurred investors to unwind leveraged trades in higher-yielding currencies. Talk the Federal Reserve might ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
Russian Oil Exploration Could Be Next on West’s Hit List
September 11th, 2014
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world’s largest energy companies including Exxon Mobil Corp and BP Plc, U.S. government sources said. The planned sanctions over Russia’s ...
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Gold Remains Under $1260 on U.S. Dollar Strength
September 9th, 2014
Gold hovered near its lowest in three months on Tuesday after sharp overnight losses as the dollar traded at 14-month highs against a basket of major currencies, dimming the metal’s appeal as a currency hedge. Spot gold had slipped ...
Dollar sweeps higher, Japan shares shy from peaks
September 9th, 2014
The U.S. dollar held on to broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors. As the dollar finally broke to a ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
