Welcome Guest! | World Time






New York


Dollar subdued as confidence returns, focus on U.S.-China trade talks

Friday,   17-Aug-2018   09:10 (IST)

The dollar was little changed against other major currencies on Friday after nudging away from 13-1/2-month highs amid easing risk aversion and as investors awaited the next developments in the U.S.-China trade saga.The dollar index, a measure of the greenback's strength against a basket of six major peers, was steady at 96.647.It had climbed to 96.984, its highest since late June 2017 on Wednesday during a week in which a plunge by the Turkish lira to record lows and concerns over China's economic health hit emerging market currencies, driving up demand for the safe-haven greenback.Th...

Dollar Eases, Still Supported Near 14-Month Highs

Thursday,   16-Aug-2018   02:54 (IST)

The dollar eased against a basket of the other major currencies on Thursday, but was supported near 14-month highs amid ongoing concerns over Turkey's currency crisis and fears of an economic slow...

Dollar holds near 13-month peak as emerging market peers wobble

Thursday,   16-Aug-2018   09:06 (IST)

The dollar held near a 13-month peak on Thursday as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market cur...

Turkish lira Stabilizes; U.S. Dollar Slips

Tuesday,   14-Aug-2018   03:06 (IST)

The Turkish lira stabilized while the U.S. dollar slipped on Tuesday as Turkey’s central bank promised to save the country’s financial crisis.Turkey’s central bank announced on Monda...

Euro on defensive as lira, EM currencies seen vulnerable

Tuesday,   14-Aug-2018   08:56 (IST)

The euro hovered near one-year lows against the dollar and the Swiss franc on Tuesday as the Turkish lira wobbled, on worries economic troubles in Turkey could hit European banks and spread to other e...

Dollar Climbs To 13-Month High

Monday,   13-Aug-2018   04:05 (IST)

The U.S. dollar climbed to a 13-month high, as the falling lira fueled demand for safe havens.The dollar index, which measures the greenback against a basket of currencies, was a shade higher at 96.30...

Turkish lira pulls back from record low, markets rattled

Monday,   13-Aug-2018   02:29 (IST)

Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but its meltdown con...

Euro soft as investors bid up safe havens on Turkish crisis

Monday,   13-Aug-2018   09:06 (IST)

The euro was on the defensive on Monday after touching a 13-month low against the dollar as investors bid up safe havens such as the U.S. dollar and the yen on worries about the exposure of European b...

Euro whacked as Turkey sell-off boosts dollar

Friday,   10-Aug-2018   03:53 (IST)

The euro sank to its lowest levels in over a year on Friday after a report that the European Central Bank is growing concerned about exposure of banks to Turkey. The ECB has concerns about banks in Sp...

Turkish Lira Continues To Plunge; Euro Falls

Friday,   10-Aug-2018   02:13 (IST)

Political turmoil continued to pull the Turkish lira down on Friday, as the euro was also lower amid trade and geopolitical uncertainty. The lira fell to new lows against the dollar after a meeting be...