30/03/2012 22:38 AST

The yen rose against the dollar and euro as concern the rate of global economic growth is slowing spurred demand for safer assets as the nation approaches its fiscal year end.

The Japanese currency strengthened against the majority its 16 major counterparts amid speculation Japanese companies will repatriate overseas earnings before the end of the fiscal year on March 31. The dollar strengthened earlier after a report showed U.S. factory orders trailed forecasts and the United Kingdom revised first-quarter growth downward. The 17-nation euro erased losses against the dollar after a draft statement from European finance ministers showed governments are preparing to increase rescue funds.

For more on this Click Here


Bloomberg

Ticker Price Volume
QNBK 124.50 582,235
SABIC 100.87 2,504,855
BURUJ 34.50 110,831
MMG 0.00 0
TAWUNIYA 95.40 17,663
STC 71.32 119,991
ZAIN 511.00 5,635,957
US Dollar 1.00
Saudi Riyal 3.75
Derham Emirati 3.67
Qatari Riyal 3.75
Kuwaiti Dinar 0.30
Bahraini Dinar 0.38
Omani Riyal 0.39
Euro 0.84
British Pound 0.76
Japanese Yen 109.79
After Friday Brexit blip, pound traders to focus on BoE, Moody’s

25/09/2017

Prime Minister Theresa May’s Brexit speech might have hogged the headlines on Friday, but expect pound traders’ focus to swing back to the Bank of England and a credit-rating downgrade of the UK.

Gulf Times

Week Ahead: Geopolitics Dampen Dollar Rally

24/09/2017

The US dollar is higher against major pairs at the end of trading on September 22. The NZD and the EUR are the main exceptions with elections in the next 48 hours in both regions. Parliamentary elect

Seeking Alpha

EURUSD drop was only temporary, as we had expected

23/09/2017

European Central Bank President Mario Draghi stressed once again that the central bank's goal is to "ensure price stability and price stability is defined as an inflation rate which is close to 2%",

FX Street

Yuan fundraising surges well above 2016 levels

23/09/2017

China-focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in

Reuters

EURUSD Speculatively and Fundamentally Ripe for Reversal

21/09/2017

While there have been more abrupt and larger percentage change moves to develop through 2017, none really rival EURUSD for its exceptional performance. This benchmark currency pair - arguably the mos

DailyFX