FOREX-Dollar perched at 4-month highs as yield-seeking strategies bloom [Reuters]
BANK OF CHINA UNSP/ADR (BACHY)
NASDAQ:AMEX Investor Relations:
boc.cn/en/investor
Company Research
Source: Reuters
FOREX-Dollar perched at 4-month highs as yield-seeking strategies bloom * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh By Saikat Chatterjee LONDON, Feb 11 (Reuters) - The dollar climbed to a four-month high against its rivals on Tuesday and closed within striking distance of a 2019 peak as subdued price swings encouraged hedge funds to load up on the relatively high-yielding greenback. Daily price fluctuations or market volatility have fallen sharply in recent months, prompting investors to borrow in low-yielding currencies such as the euro and the franc and invest in dollars or other high-yielding currencies. While that strategy has faced some setbacks thanks to some geopolitical events, generally such carry-trade strategies have proved to be rewarding. For example, in 2018-2019, when daily price swings for the euro/dollar exchange rate held at around 3%, a trade involving borrowing in euros and investing in U.S. dollars would have generated a return of nearly 5%. “The dollar b
Show less
Read more
Impact Snapshot
Event Time:
BACHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BACHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BACHY alerts
High impacting BANK OF CHINA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
BACHY
News
- China refuses to work with Russian financial institutions under US sanctions [Yahoo! Finance]Yahoo! Finance
- China Telecom Gulf Officially Launches in Saudi Arabia for Business [Yahoo! Finance]Yahoo! Finance
- Chinese banks block Russian companies' accounts over sanctioned addresses [Yahoo! Finance]Yahoo! Finance
- Major Chinese bank begins blocking yuan transfers to Russia from "friendly" countries – media [Yahoo! Finance]Yahoo! Finance
- UnionPay International Powers CIIE with Enhanced Cross-border Payment Solutions, Boosting Cross-border Trade Payments [Yahoo! Finance]Yahoo! Finance