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US dollar rises as trade tensions ease

US dollar rises as trade tensions ease

Tue, May 22, 2018

The US dollar rose as market sentiment was boosted by an easing of trade tensions between China and the US. In late New York trading on Monday, the euro fell to $1.1772 from $1.1775 in the previous session, and the British pound was down to $1.3414 from $1.3482 in the previous session.

Unilever warns of British price hikes as pound falls

Unilever warns of British price hikes as pound falls

Thu, Oct 13, 2016

Dutch food giant Unilever, reportedly caught up in a pricing war with a British supermarket chain, warned Thursday the falling pound will likely hike its prices in Britain.

Finance leaders issue fresh warnings amid Deutsche worries, fall in pound

Finance leaders issue fresh warnings amid Deutsche worries, fall...

Fri, Oct 07, 2016

Deutsche Bank has been struggling to overhaul its business model that is built around trading activities that have become much less lucrative under new regulation enacted sin ce the 2008-2009 financial crisis.

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Pound slumps to 31-year low versus dollar

Pound slumps to 31-year low versus dollar

Tue, Oct 04, 2016

"It seems that it is going to be hard to provide a tourniquet for sterling`s recent wounds given the solidity of the newly announced Brexit timeline," said Connor Campbell, analyst at traders Spreadex.

IMF includes China's yuan in elite club of reserve currencies

IMF includes China's yuan in elite club of reserve currencies

Sat, Oct 01, 2016

The yuan joins the US dollar, the euro, the yen and British pound in the IMF's special drawing rights (SDR) basket, which determines currencies that countries can receive as part of IMF loans.

Asia shares gain, pound weakens on BoE rate cut

Asia shares gain, pound weakens on BoE rate cut

Fri, Aug 05, 2016

Japan`s Nikkei advanced 0.3%, on track for a loss of 1.6% for the week.

Brexit impact: Currency volatility may hit India's exports, says FIEO

Brexit impact: Currency volatility may hit India's exports, says FIEO

Sat, Jun 25, 2016

Currency volatility post Britain's decision to exit from the European Union (EU) may put pressure on India's exports in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products, exporters' body FIEO said on Friday.

Crude oil climbs as Brexit risks ease

Crude oil climbs as Brexit risks ease

Mon, Jun 20, 2016

Oil extended gains in Asian trading on Monday as a weaker dollar and easing worries over Britain's possible exit from the European Union (EU) helped support crude.

Will Brexit push Indian Rupee to 70?

Will Brexit push Indian Rupee to 70?

Fri, Jun 17, 2016

CARE Ratings, in May said that Rupee is likely to depreciate in value and trade around 69 to a dollar in the current year. Although its reasoning were more to do with the US Federal Reserve, and FCNR deposits that are coming up for redemption.

US dollar up 0.41% in late trading on upbeat jobless data

US dollar up 0.41% in late trading on upbeat jobless data

Fri, Jun 10, 2016

The dollar climbed to 0.9638 Swiss francs from 0.9587 Swiss francs, and it inched up to 1.2721 Canadian dollars from 1.2711 Canadian dollars.

US dollar index down 0.25% in late trading as rate-hike expectation dims

US dollar index down 0.25% in late trading as rate-hike expectation dims

Thu, Jun 09, 2016

The dollar index, which measures the greenback against six major peers, was down 0.25% at 93.591 in late trading.

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