Welcome Guest! | World Time






New York


Yen sinks, Aussie climbs as Evergrande contagion fears recede

Monday,   27-Sep-2021   08:41 (IST)

The safe-haven yen sank to its lowest in nearly three months on Monday, while the risk-sensitive Australian dollar continued to recover from an almost one-month low, as fears of widespread contagion from China Evergrande Group receded. The yen also fell as higher U.S. yields attracted Japanese investor money, while rising commodity prices helped the Aussie and Norway’s crown. U.S. yields climbed to their highest since the start of July in anticipation of tighter U.S. monetary policy, while the dollar hovered in the middle of its range of the past week versus major peers. The euro traded ...

Sterling dips after rally triggered by hawkish BoE

Friday,   24-Sep-2021   02:50 (IST)

Sterling dipped against the dollar on Friday, losing some of its gains from a rally which followed the Bank of England taking a hawkish tone on interest rates and its pandemic-era government bond buyi...

Dollar hovers above one-week low as Evergrande questions persist

Friday,   24-Sep-2021   02:20 (IST)

The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer C...

Dollar Edges Higher as Policy Gap Widens; Evergrande Fears Continue to Bubble

Friday,   24-Sep-2021   01:41 (IST)

The dollar nudged higher against both developed and emerging markets currencies on Friday, as a fresh wave of caution hit global markets in the wake of real estate group China Evergrande’s failu...

Dollar wallows near one-week low as haven demand ebbs

Friday,   24-Sep-2021   08:59 (IST)

The dollar wallowed near its lowest level in a week versus major peers on Friday, as improved risk sentiment wiped out recent gains amid easing concerns about contagion from a potential China Evergran...

Dollar Edges Off One-Month High; Traders Digest Fed Statement

Thursday,   23-Sep-2021   01:37 (IST)

The dollar eased lower in early European trade Thursday, retreating from a one-month high as traders digested the previous session’s Federal Reserve meeting and what it means for future monetary...

Currencies Fall After Fed Hints At Taper In November; Shares Recover

Thursday,   23-Sep-2021   09:41 (IST)

Asian currencies declined after the U.S. Federal Reserve signaled it would likely announce the start of the scaling back of bond purchases at its next meeting. Regional shares shrugged off the taper t...

Dollar hits one-month high as traders eye Fed rates liftoff

Thursday,   23-Sep-2021   09:00 (IST)

The dollar hit its highest in a month on Thursday and pressed the euro towards major support levels, after the Federal Reserve set the stage for rate hikes next year -- far sooner than its developed m...

Risk-sensitive currencies perked up by Evergrande, dollar anchored before Fed

Wednesday,   22-Sep-2021   03:18 (IST)

Risk-sensitive currencies such as the Australian dollar and Chinese yuan jumped and the safe-haven yen eased slightly on Wednesday after Chinese property giant Evergrande said it would make an upcomin...

Pound at one-month low as expectations of BoE rate hike pushed back

Wednesday,   22-Sep-2021   03:03 (IST)

Sterling fell to a one-month low on Wednesday as investors pushed back expectations of a rate hike by the Bank of England after a flurry of weak data. In early London trade, the British currency eased...