Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets.
* Shares up as virus deaths slow in New York, Italy, France. * Oil prices resume slide as Russia-Saudi Arabia delay meeting. * Yen drops as Japan readies for state of emergency. * World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos and Marc Jones.
Latin American currencies firmed on
Monday, coming off four-year lows as optimism over a slowdown in
coronavirus-related deaths and new cases eased some selling
pressure on risk assets.
The Japanese yen dipped and
the Australian dollar outperformed on Monday as risk appetite
improved on optimism that the spread of the novel coronaviurus
in the United States and Europe could be ...
The Canadian dollar
strengthened against its U.S. counterpart on Monday as signs of
a slowdown in coronavirus-related deaths bolstered investors
sentiment, offsetting lower oil prices.
Argentina's peso currency opened 0.12% weaker at 64.99 per U.S. dollar on Monday, traders said, after the government announced it plans to delay local debt payments.
* Euro steady against dollar. * Euro 3M cross currency basis shrinks to smallest in 12 years. * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh. By Olga Cotaga.
* European shares jump as virus deaths slow in Italy and France. * Oil prices fall after Russia-Saudi Arabia delay meeting. * Yen drops as Japan readies for state of emergency. * British pound steadies as PM Johnson stays in hospital. * World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Marc Jones.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Ritvik Carvalho and Thyagaraju Adinarayan.
Lebanese banks will apply an exchange rate of 2,600 pounds per dollar for withdrawals from accounts of up to 5 million Lebanese pounds, a central bank source said on Monday, in the first implementation of new central bank circular. Lebanon is still applying an official peg of 1,507.5 pounds to the dollar for bank transactions and critical imports.
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