Sage Investment Club

Pakistani rupee fall slows as PM Sharif hopes for IMF funds By Reuters

© Reuters. FILE PHOTO: A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee’s two-day decline slowed on Friday on news that an IMF team was visiting Islamabad next […]

European equity close: Another week of gains but the momentum slows

On the day: Stoxx 600 +0.2% German Dax flat France’s CAC -0.1% UK’s FTSE 100 flat Spain’s Ibex +0.2% Italy’s FTSE MIB +0.8% On the week: Stoxx 600 +0.6% German Dax +0.7% France’s CAC +1.3% UK’s FTSE 100 -0.2% Spain’s Ibex +1.5% Italy’s FTSE MIB +2.5% It’s been an incredible run to start the year […]

Asia FX steadies as dollar rebound slows ahead of Fed minutes By Investing.com

© Reuters. By Ambar Warrick Investing.com– Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was […]