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- Commercial Bank of Dubai posts record 2025 profit as loans pass Dh100b
- Saudi Arabia attracts 122 million tourists, pumping SR300 bln into national economy in 2025
- Tawazun Council awards Dh2.3 billion in defence contracts at UMEX and SimTEX 2026
- Indian rupee hits all-time low, inches to INR238 against OMR1
- Oman advances towards cashless economy
- Burgan Bank hires 200 new staff; 94.29% of them Kuwaitis
- TECOM Group acquires university campus in Dubai International Academic City
- Acwa Power unveils Innovation Days 2026 platform
- Stocks stable after tariff-fuelled selloff but uncertainty boosts gold
- State Street, QNB sign strategic agreement to launch new custody servicing model
30/05/2012 23:36 AST
EUR/USD is currently at 1.2465, off from another fresh 2012 lows at 1.2456 and lowest since July 2010, amid a new round in risk-off sentiment sending local share markets to the red again, Nikkei down -0.73%, and gold flirting with fresh weekly lows below $1550. Worse than expected Aussie retail sales figures pressed risk sellers to print new session lows in a downward session that started around 1.2487 highs.
London session ahead shows a soft EUR macro data related agenda, with only EZ M3 money supply at 08:00 GMT along with EU private loans at same time and EU retail PMI 10 minutes later, for then after NY open ECB chairman Draghi due to give a speech at Brussels. Headlines coming from new developings from Spain will probably bring volatility to markets, as well as Italy sovereign bond auctions looking for more than ?6B in 5 and 10 year maturities. Spain 10y yields sit now around the 6.45% and Italy's at 5.90%.
For the immediate term, support to the downside for EUR/USD sits at recent session and 2012 lows 1.2456, followed by June 17/28 2010 highs at 1.2414/1.2398 and June 1st 2010 lows 1.2354. For the upside, closest resistance shows at Friday's lows 1.2490, followed by yesterday's Asian session lows at 1.2508 and Monday's lows 1.2525.
NASDAQ
| Ticker | Price | Volume |
|---|
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
22/01/2026
The Indian rupee plunged to an all-time low on Wednesday, weakening sharply against the US dollar and nearing the 238-mark against the Omani rial at exchange houses in the Sultanate.
The rup
Times of Oman
21/01/2026
Soft Asian currencies continue to give UAE expatriates more value for every dirham they send home, with the Indian rupee, Philippine peso and Pakistani rupee all trading near some of their weakest le
Gulfnews
05/01/2026
Soft Asian currencies continue to give UAE expatriates more value for every dirham they send home, with the Indian rupee, Philippine peso and Pakistani rupee all trading near some of their weakest le
Trade Arabia
04/01/2026
The US dollar kicked off 2026 on a stronger note on Friday after struggling against most currencies last year, as traders awaited a flurry of US economic data next week, including several reports on
Reuters
17/12/2025
The Indian rupee touched a historic low on Tuesday, breaching the 91-mark against the US dollar for the first time. The sharp fall highlights growing pressure on the domestic currency amid continued
Times of Oman
Financial Information Co.
Saudi Arabia