Category: strengthens

  • Shekel strengthens as hostage deal hopes rise

    The shekel price rose sharply against the US dollar this morning, and the market assessment is that the main reason is the significant progress reported in a deal to release Israeli hostages held by Hamas and a ceasefire in the Gaza Strip. The dollar-shekel exchange rate currently stands at 3.6328…

  • FloQast Strengthens Global Expansion with New Executive Appointment in EMEA

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on January 7, 2025 • 2 min…

  • Trump victory strengthens shekel and boosts TASE

    After Donald Trump’s victory in the US presidential election, Tel Aviv Stock Exchange (TASE) indices rose to new records while the shekel price rose. After Donald Trump’s victory in the US presidential election, Tel Aviv Stock Exchange (TASE) indices rose to new records while the shekel price rose. Analysts had…

  • Dollar strengthens ahead of key payrolls release; Middle East turmoil helps By Investing.com

    Investing.com – The US dollar rose on Thursday, benefiting from strong employment data as well as uncertainty caused by unrest in the Middle East. At 04:30 EDT (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, rose 0.2% to 101.597, not far from…

  • Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes By Reuters

    By Chibuike Ojoh and Linda Pasquini NEW YORK/LONDON (Reuters) – The dollar rose against the yen on Friday to a two-week high after the Bank of Japan left interest rates unchanged and signaled it was in no rush to raise them again. Bank of Japan Governor Kazuo Ueda said at…

  • Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters

    By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) – The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later this week. The dollar fell to a…

  • Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report

    Markets: Gold falls $19 to $2,501 West Texas Intermediate crude oil fell $2.47 to $73.44 a barrel. US 10-year Treasury yields rise 4.3 basis points to 3.81% S&P 500 rises 0.6% The US dollar advances, the yen lags. It was hard to relate fundamentals to market movements today, as is…

  • Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report

    Markets: Gold falls $19 to $2,501 West Texas Intermediate crude oil fell $2.47 to $73.44 a barrel. US 10-year Treasury yields rise 4.3 basis points to 3.81% S&P 500 rises 0.6% The US dollar advances, the yen lags. It was hard to relate fundamentals to market movements today, as is…

  • Kenyan banks see forex losses from subsidiaries as shilling strengthens

    Kenyan banks recorded currency losses of about Ksh50 billion in the first half of the year when translating financial statements of regional subsidiaries into Kenyan shillings due to the appreciation of the shilling during the period. The shilling has appreciated by between 19 and 31 percent against the currencies of…

  • Aussie surges on hawkish RBA, yen strengthens amid BOJ speculation By Investing.com

    Most Asian currencies rose on Thursday, with the Australian dollar making strong gains after Reserve Bank of Australia Governor Michelle Bullock said the bank would not hesitate to raise interest rates further to curb inflation. The Japanese yen also rose, steadying after falling in the previous session as data from…

  • Dollar steady, while yen strengthens ahead of BOJ meeting By Investing.com

    Investing.com – The U.S. dollar was steady in Europe on Tuesday, while the yen rose in the wake of suspected government intervention last week. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 104.067, rebounding from…

  • Argentina’s parallel peso strengthens on new economic measures, stock index plummets By Reuters

    BUENOS AIRES (Reuters) – Argentina’s black market peso strengthened against the U.S. dollar on Monday while local stocks suffered after new economic measures introduced by President Javier Milei’s government over the weekend took effect. Argentina’s economy minister on Saturday announced a plan to halt expansion of the monetary base in…

  • Dollar strengthens after Trump shooting; Asia FX weakens By Investing.com

    Most Asian currencies were little changed on Monday, while the dollar received some safe-haven demand after the assassination attempt on former U.S. President Donald Trump over the weekend. Regional trading volumes were thin due to a Japanese market holiday. The yen also weakened slightly against the dollar, keeping markets on…

  • Pinterest strengthens UK sales team with key senior hires

    Pinterest is strengthening its UK sales team with two new hires this summer. Caroline Orange-Northy has been appointed retail sales director, while Noreen Mohammed will take on the role of consumer packaged goods sales director. Caroline Orange Northey joins Pinterest from Amazon Ads, where she spent nine years as part…

  • Dollar strengthens ahead of PCE data; euro weighed by political uncertainty By Investing.com

    Investing.com – The US dollar rose in early European trade on Friday, on track for its second straight quarterly gain, the euro fell and the Japanese yen remained on watch for intervention. At 04:00 ET (09:00 GMT), the U.S. dollar, which tracks the greenback against a basket of six other…

  • B2C2 Strengthens Asia-Pacific Presence with New Singapore Office

    B2C2, a cryptocurrency market maker owned by Japan’s SBI Holdings, has opened a new office in Singapore and will apply for a Master Payment Institution (MPI) license in the city-state. The move, announced today (Monday), comes as the company prepares to strengthen its presence in the Asia-Pacific region, describing it…

  • Coinbase Strengthens Case For Interlocutory Appeal In Latest Petition

    The long-running legal battle between Coinbase and the US Securities and Exchange Commission (SEC) continues to deliver more twists and turns in what may be a pivotal case in the regulatory history of cryptocurrencies. In a recent development, the US cryptocurrency exchange has now filed a response to the Commission’s…

  • Shekel strengthens ahead of April CPI

    The shekel is gaining strength today against the US dollar and the euro, and is at its strongest levels against the dollar since early April. In the afternoon interbank session, the shekel was down 0.73% against the dollar at NIS 3.697/$, and down 0.63% against the euro at 4.002/€. On…