Welcome to Forexpkcurrencyrates.blogspot.com, This site is designed to provide you upto date forex rates in open market, inter bank & internatioal forex market. You will find historical forex rates, forex charts & graphs, forex articles & much more. Enjoy the site. Currency Rates in Pakistan - Open Market Rates respond directly to changes in supply and demand - Find daily up to date open market currency rates in Pakistan. Get Pak Rupee (PKR) open market Currency exchange rate in major currencies like USD Dollars, Euro, GBP and in other currency money exchange rates. exchangerateslive.blogspot.com Finance provides live open market forex rates, it can be also known as Pakistan forex trade currency conversion rates.
Open market rates are influenced by a number of factors, including supply and demand, current interest rates, and also trading arbitrage by market participants and as opposed to being set by the Federal Reserve Board. Currency Rates in Pakistan at exchangerateslive.blogspot.com every hour update at exchangerateslive.blogspot.com
In equities we drop, the DOW fell by -13 points 11825, by 0.11%, Nasdaq 2725 by 1.46% and S&P following to 1282 by 1.01%. In Asia, Nikkei fell by -120 points to 10,437 by 1.14%, HangSeng to 24,113 by 1.26% and Shanghai 2823 by 2.22% respectively.
Open market rates are influenced by a number of factors, including supply and demand, current interest rates, and also trading arbitrage by market participants and as opposed to being set by the Federal Reserve Board. Currency Rates in Pakistan at exchangerateslive.blogspot.com every hour update at exchangerateslive.blogspot.com
Daily Market Review
The EUR/USD came under pressure in early Asia session when US model funds bought USD against the AUD, NZD, GBP and EUR the EUR/USD still at the highest and opened higher than yesterday in the Asian session at 1.3475 after falling from a two month high at 1.3539 due to EUR/JPY and EUR/CHF selling during a "risk-off" US session. USD/JPY and the whole JPY complex did little in Asia with USD/JPY holding just off the 81.85 low seen overnight and the crosses off from highs seen yesterday and also eyeing moves elsewhere. The USD bounce that commenced in NY overnight following the weaker than expected U.S. housing data continued throughout Asian trading today with the USD higher across the board as concerns about the U.S. recovery weighed on commodities and risk. The GBP/USD opened on its highs at 1.6003 and initially dipped to 1.5942 before pausing following the better than expected China data and the SSEC bouncing off its lows. From there cable traded down to a session low so far of 1.5918 following comments from a China Stats Chief warning against underestimating the upward pressure on Chinas CPI.In equities we drop, the DOW fell by -13 points 11825, by 0.11%, Nasdaq 2725 by 1.46% and S&P following to 1282 by 1.01%. In Asia, Nikkei fell by -120 points to 10,437 by 1.14%, HangSeng to 24,113 by 1.26% and Shanghai 2823 by 2.22% respectively.