Tag: dollar

Retail Asia26/07/2021
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The U.S. Trade Representative’s office has determined that no tariff action is warranted against Vietnam after its central bank agreed to refrain from “competitive devaluation” of the dong. “I commend Vietnam for its commitment to addressing U.S. concerns with its currency practices,” U.S. Trade Representative Katherine Tai said in a statement. The recent agreement between […]

Retail Asia10/09/2020
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4min0
Vietnam’s currency will likely remain stable this year as the greenback weakens and foreign exchange reserves rise, experts say. The reference rate set by the State Bank of Vietnam (SBV) has remained mostly stable this year and was at VND23,205 Tuesday. Rates at commercial banks for the last two months have also been stable. Vietcombank […]

Retail Asia17/09/2019
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The Australian dollar rebounded overnight and is buying 67.69 US cents Wednesday, up from 67.25 US cents on Tuesday. Yesterday, the local currency neared its decade low before rebounding. The Aussie dollar dipped to close to a recent 10-year low on weak retail sales figures. The Aussie dollar dipped as low as 66.88 US cents […]

Retail Asia28/08/2019
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3min0
The Australian dollar has declined Friday, buying 67.75 US cents from 67.83 US cents on Thursday. Yesterday, better-than-expected jobs data has helped edge up the Aussie dollar as fears the global economy is headed for recession continue to weigh on the currency. The Australian dollar has struggled under the weight of worldwide economic anxiety even […]

Retail Asia21/08/2019
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The Australian dollar has risen Thursday, buying 67.59 US cents from 67.11 US cents on Wednesday. Yesterday, the local currency hit a 10-year low of 66.77 US cents after New Zealand’s central bank cut the country’s cash rate by a larger than expected 50 basis points. The Aussie was trading as high as 67.83 US […]

Retail Asia17/07/2019
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The Australian dollar is only slightly changed Wednesday, buying 69.61 US cents from 69.60 US cents on Tuesday. Yesterday, the local currency was on track for a sixth straight session of gains against a US dollar weakened by expectations for an aggressive cut in interest rates by the Federal Reserve next month. The Australian dollar […]

Retail Asia12/07/2019
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The New Zealand dollar lifted Thursday, trading at 65.39 US cents at 0800 in Wellington from 65.26 at 1700. The trade-weighted index was at 71.88 from 71.91. The kiwi was at 51.66 British pence from 51.96, at 58.19 euro cents from 58.32, at 70.63 yen from 70.71, and at 4.5096 Chinese yuan from 4.5064

Retail Asia01/07/2019
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4min0
The Australian dollar has risen Wednesday, buying 69.62 US cents from 69.55 US cents on Tuesday. The local currency was on the back foot yesterday as its US counterpart continued to benefit from the trade truce with Mexico, even as Washington kept up the war of words with China. The Aussie was pinned at 69.56 […]

Retail Asia07/06/2019
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3min0
The Australian dollar has risen Friday, buying 68.88 US cents, from 69.13 US cents on Thursday. Australia’s unemployment rate rose in April to the highest in eight months while full-time jobs fell, ABS data showed on Thursday, cementing views the central bank may be forced to lower rates soon to stimulate the economy. Yesterday, the […]

Retail Asia04/06/2019
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3min0
The Australian dollar has fallen Tuesday, buying 69.45 US cents from 69.75 US cents on Monday. Yesterday, the local currency lost ground as the stalemate in Sino-US trade talks clouded the outlook for the Asian giant in its demand for resources. The Aussie dollar slipped 0.4 percent to 69.75 US cents on Monday and ever […]

Retail Asia16/05/2019
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The New Zealand dollar has fallen slightly against the US dollar Tuesday, trading at 66.70 US cents at 0750 in Wellington from 66.79 US cents at 1700 yesterday. The trade-weighted index was at 72.71 points from 72.82. The local currency was at 94.46 Australian cents from 94.85 and was at 51.54 British pence from 51.63. […]

Retail Asia02/05/2019
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The Australian dollar has dipped slightly, buying 71.70 US cents from 71.69 US cents on Monday. On Monday morning, the dollar was buying 71.71 US cents from 71.61 US cents on Friday. Last Friday morning, the local currency has fallen, buying 71.25 US cents from 71.61 US cents on Thursday. It had flatlined near a six-week peak […]

Retail Asia26/04/2019
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The Australian dollar has fallen Wednesday, buying 71.23 US cents from 71.44 US cents on Tuesday. The local currency rose on Tuesday morning, buying 71.24 US cents from 70.99 US cents on Monday. It was at 71.07 US cents Monday morning, dropping from 71.25 US cents on Friday.

Retail Asia14/03/2019
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The Australian dollar has risen slightly over the weekend to 70.42 US cents, up from 70.22 US cents on Friday. The Aussie dollar also trades at 62.67 euro cents, 54.20 British pence, $1.03 New Zealand dollars, 78.24 Japanese Yen, and 4.733 Chinese Renminbi. Australian markets are also expected to be affected by Monday’s public holiday […]

Retail Asia07/03/2019
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The Australian dollar has fallen against its US counterpart Tuesday, buying 70.91 US cents from Monday’s 71.11 US cents. The local currency is at  79.39 Japanese yen, from 79.23 ; 62.40 euro cents, from 62.36 ; 53.57 British pence, from 53.48 and 104.16 NZ cents, from 104.04. Last Friday, the local currency has been given […]

Retail Asia29/01/2019
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6min0
The dollar eased versus most of its peers on Monday as investors turned their attention to this week’s Federal Reserve policy meeting, with traders wagering policymakers will signal a pause in their tightening cycle. The Federal Open Market Committee meets between Jan 29-30, and Chairman Jerome Powell is widely expected to acknowledge growing risks to […]

Retail Asia07/01/2019
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The ringgit is expected to face a challenging upcoming week as the market uncertainty over trade tensions and a slowdown in the global economy encourage investors to remain risk-off. FXTM Research Global Head of Currency Strategy Jameel Ahmad said that the local unit may face the risk of falling below RM4.15 against the greenback next […]


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