News tagged: dollar — Bazar361
All Bazar361 news tagged dollar.
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Iran's Rial Crashes Past 2 Million Per Dollar as Sanctions Tighten
Iran's rial crashed past 2 million per dollar on open markets as US financial pressure mounts. Citizens face collapsing purchasing power amid food price surges and skyrocketing medical costs.
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Canadian Dollar Rallies as Oil Climbs and USD Weakens
The Canadian Dollar extended gains Thursday as WTI crude topped $85.58 and fading Fed rate-hike bets weighed on the US Dollar, driving USD/CAD to 1.3776.
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New Zealand Dollar Climbs Above 0.5950 on China Rate Hold
NZD/USD climbed to 0.5955 after China held lending rates steady for a 15th straight month. ING forecasts the pair reaching 0.60 within six months.
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Pound Slips to Two-Week Low Against Canadian Dollar
GBP/CAD slid to a two-week low as Brent oil topped $90, lifting CAD. UK GDP was solid but durability concerns capped Sterling. Inflation data from both countries dominate the week ahead.
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Naira Holds Steady Against Dollar as Traders Eye CBN Liquidity
The Nigerian naira held near ₦1,367/$ in the official market on August 13, while the parallel rate stayed around ₦1,410-1,425, leaving a ₦58 spread. The CBN's liquidity efforts have brought relative calm after last year's volatility.
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Pound Strikes Two-Week High Against New Zealand Dollar
GBP/NZD climbed to a two-week high near NZ$2.3044 as risk-off sentiment hit the Kiwi amid stalled US-Iran ceasefire talks. UK Q2 GDP data is the next key catalyst.
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Dollar Falls for Fourth Straight Day on Hormuz Deal Optimism
The dollar dropped to 183,500 tomans for a fourth straight session amid Hormuz maritime deal optimism and ebbing speculative demand.