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The Canadian dollar rose to a one-week high against the U.S. dollar on Wednesday after the Russian central bank said it was preparing to invest some of its foreign exchange reserves in the Canadian currency.
NEW YORK (AP) -- Key currency exchange rates Wednesday, compared with late Tuesday in New York: Dollar vs: Exchange Rate Pvs Day Yen 87.40 88.56 Euro $1.5139 $1.4975 Pound $1.6716 $1.6593 Swiss franc 0.9966 1.0082 Canadian dollar 1.0457 1.0577 Mexican peso 12.8590 12.9350 Metal Price (troy oz.) Pvs Day NY Merc Gold $1186.90 $1165.50 NY HSBC Bank US $1188.00 $1167.00 NY Merc Silver $18.766 $18.448
The dollar rose against the euro in Asian trading Tuesday. The euro was buying $1.4933, down from $1.4999 in North American trading Monday. But the dollar edged lower against the Japanese currency, a low-yielding rival, to trade at 88.69 yen, down from 89.07 yen late Monday.
(RTTNews) - The British pound recovered form early morning session's multi-day lows of 0.9059 against the euro and 1.6692 versus the Swiss franc in New York mid-day trading on Tuesday.
Nov. 26 (Bloomberg) -- The Swiss franc fell against the euro and the dollar on speculation the nation’s central bank sold the currency after it climbed to parity with the greenback yesterday for the first time in 19 months.
The dollar pared a gain versus the euro but held some gains versus other major currencies on Tuesday after a closely-watched gauge of German business sentiment registered a stronger-than-expected increase, boosting optimism that the continent's economy is recovering.
(RTTNews) - Extending its previous sessions' downtrend, the US dollar staged a steep slide against its major counterparts in early trading on Wednesday as traders continued to mull that the FOMC revised its growth rate expectations for the next two years and look for more clues from a slew of economic data including weekly jobless claims.
• British Pound Down as Bank of England Likely to Remain Neutral • Euro Gains Amidst Signs European Central Bank May Wind Down Liquidity Programs • Japanese Yen Dominates as Equities Fall, Bank of Japan Sees Upside Inflation Risks • New Zealand Dollar Down as Currency’s Appreciation Becomes a Political Concern
Nov. 26 (Bloomberg) -- Gold climbed to a record for the third time this week as investors bought the metal to protect their wealth from the declining dollar and Sri Lanka’s central bank purchased bullion.
Nov. 24 (Bloomberg) -- India is considering allowing futures trading in more currencies, including the euro and yen, to give companies more options to hedge exchange-rate risks, the Economic Times reported, without saying where it got the information.
Nov. 25 (Bloomberg) -- Canada’s dollar strengthened to the highest level in a week after Russia’s central bank said it will add the currency to its reserves and as copper rose and gold headed for the longest string of gains in almost three decades.
The dollar was mostly down but off broad lows in late Asian trading Friday, after notching a 14-year low against its Japanese counterpart, as investors expect the U.S. Federal Reserve to keep interest rates at current low levels sold the U.S. unit.
(RTTNews) - The British pound staged a sharp spike against its European and Swiss counterparts by about 2:00 am ET Wednesday. As of now, the UK currency is trading at 0.9009 against the euro and 1.6770 against the franc, compared to yesterday's closing values of 1.6741 and 0.9025, respectively.
Nov. 25 (Bloomberg) -- Canada’s dollar appreciated to the highest in a week after Russia’s central bank said it will add the currency to its reserves, and as crude oil and stock-index futures rose.
The dollar fell more than 1% versus major counterparts Wednesday, lifting the euro back above the key $1.50 level, as economic sentiment was helped by overall upbeat U.S. economic data a day after the U.S. Federal Reserve signaled few qualms about the U.S. unit's decline.
The British Pound retraced the previous day’s decline against the greenback and crossed back above the 20-Day SMA to reach a high of 1.6729, and the currency may continue to appreciate going into the North American trade as the economic docket reinforces an improved outlook for the U.K.
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