GulfBase Live Support
Leave a message and our representative will contact you soon
07/02/2014 09:36 AST
The dollar held a gain versus the yen before U.S. data that may show jobs growth quickened last month from the slowest pace in almost three years, fanning speculation the Federal Reserve will end asset purchases this year.
A gauge of traders’ expectations of future currency volatility slid for a fourth day, the longest this year. Goldman Sachs Group Inc. said the dollar-yen rate will be firmly range-bound. The euro held yesterday’s biggest advance in two weeks after the European Central Bank refrained from introducing stimulus measures. South Korea’s won climbed against major peers, adding to signs an emerging-market selloff is easing.
“I see a good chance markets will recover from the disappointment caused by the December jobs data, which I think could be revised upward,” said Noriaki Murao, the New York-based managing director of the marketing group at the Bank of Tokyo-Mitsubishi UFJ Ltd. “Dollar-yen is more likely to be bought if the jobs figures turn out to be good.”
For more on this Click Here
Bloomberg
US Dollar | 1.00 |
Saudi Riyal | 3.75 |
Derham Emirati | 3.67 |
Qatari Riyal | 3.65 |
Kuwaiti Dinar | 0.30 |
Bahraini Dinar | 0.38 |
Omani Riyal | 0.39 |
Euro | 0.81 |
British Pound | 0.71 |
Japanese Yen | 104.70 |
05/04/2018
Oman has the means to maintain its currency peg and has no plans to change it even though the decline in oil prices has hurt its finances, central bank Governor Tahir Al Amri said.
Oman’s g
Gulf News
02/04/2018
China’s yuan firmed against the dollar on Friday and is set to post its biggest quarterly gain in a decade, as the country attracts capital inflows and US trade frictions bolstered expectations of a
Gulf News
01/04/2018
The US dollar’s share of currency reserves reported to the International Monetary Fund declined in the final quarter of 2017 to a four-year low, as other currencies’ shares of reserves grew, data rel
Gulf News
29/03/2018
The US Dollar Index, a measure of the value of the US dollar against a basket of currencies, teetered and dropped to quarterly lows in March, which also happen to be the lowest the index has been sin
The National
29/03/2018
Turkey’s lira weakened beyond the psychologically important level of 4.0 to the US dollar yesterday, bringing it close to a record low, as concerns about double-digit inflation, and politics, continu
Gulf Times