Wednesday in Asia, the Australian and the New Zealand dollars edged down against most major currencies as some Asian stocks pared their early gains. Hong Kong’s Hang Seng is currently down by 0.2%, China’s Shangai composite index is falling by 0.5%, Australia’s S&P 200 index is dropping by 0.2% and the All Ordinaries index is
The Canadian dollar rallied against its major counterparts on Tuesday morning in New York as crude oil, the nation’s largest export rose above $76 per barrel. A surge in stocks driven by a rejected takeover offer for Potash Corp. from the Australian mining giant BHP Billiton Ltd and an upbeat manufacturing sales data for June
The Australian and the New Zealand dollars, which weakened against most major currencies in early Asian deals on Tuesday recouped their losses shortly. The aussie thus rose to a 4-day high against the greenback and the euro. But the aussie remained higher against the kiwi and soared to a 3- 1/2 -month high. Asian stocks
The US dollar that touched a 2-day low of 1.5093 against the Turkish lira in early European session, bounced back during New York trading on Friday. As of now, the greenback is trading near 1.5156 versus the lira, compared to yesterday’s close of 1.5209. Turkey’s exports volume increased in June from the previous year, a
The US currency showed mixed performance against major currencies after the release of Reuters/UofM consumer sentiment index and business inventories reports in New York morning deals on Friday. According to a report released by Reuters and the University of Michigan today, the consumer sentiment saw an improvement in the month of August, with their consumer
