J$ holds firm v US on Monday

Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar holding value against the US dollar on Monday but falling against the Pound and rising versus Canadian. The market ended with dealers buying the equivalent of US$55,938,398 and selling US$42,243,409, in contrast to US$43,527,882 purchased and US$36,684,327 sold on Friday.
FX sum 14-03-16In US dollars trading, dealers bought US$52,402,992 compared to US$39,284,534 on Friday, with the buying rate for the US dollar falling 2 cents to $121.46. A total of US$40,586,538 was sold versus US$34,523,089 on Friday as the selling rate remained unchanged at $122.03. The Canadian dollar buying rate lost 35 cents to end at $88.38 with dealers buying C$1,376,828 and selling C$587,689, at an average rate that fell 87 cents to $90.82. The rate for buying the British Pound climbed 85 cents to $170.89 for the purchase of £1,685,921, while £723,740 was sold, the rate rose 83 cents to $173.04. At the end of trading, the selling rate for Euro, climbed 18 cents to close at J$136.17, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.53 for a rise of 32 cents on Friday’s rate. The US dollar equivalent of other currencies FX HL 14-03-16 traded, amounts to US$161,443 being bought, while US$193,250 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a fall of $18.22 in the lowest selling rate of the US dollarto end at $99.78 a fall of $1 in the lowest selling rate of the Canadian dollar that closed at $86.20 and a fall of $1 in the highest buying rate of the British Pound that landed at $174.70 and a rise of $1.10 in the lowest selling rate to $167.

J$ slips v US on Friday

Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar slipping slightly against the US dollar on Friday but rising against the Pound and Canadian. The market ended with dealers buying the equivalent of US$43,527,882 and selling US$36,684,327, in contrast to US$30,209,395 purchased and US$32,885,951 sold on Thursday.
FX sum 11-03-16In US dollars trading, dealers bought US$39,284,534 compared to US$27,859,338 on Thursday, with the buying rate for the US dollar rising 15 cents to $121.48. A total of US$34,523,089 was sold versus US$30,893,426 on Thursday as the selling rate climbed 2 cents to $122.03. The Canadian dollar buying rate gained 77 cents to end at $88.73 with dealers buying C$1,158,202 and selling C$1,229,514, at an average rate that fell 57 cents to $91.69. The rate for buying the British Pound climbed 42 cents to $170.04 for the purchase of £2,250,064, while £558,147 was sold, the rate fell 15 cents to $172.22. At the end of trading, the selling rate for Euro, climbed $1.70 to close at J$135.99, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.21 for a rise of $170 on Thursday’s rate. FX HL 11-03-16 The US dollar equivalent of other currencies traded, amounts to US$247,992 being bought, while US$449,658 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a rise of $1.10 in the lowest selling rate of the Canadian dollar that closed at $87.20 and a rise of $1.50 in the highest buying rate of the British Pound that landed at $175.60.

Buoyant FX trading on Monday

USDollarClock Trading in the Jamaican foreign exchange market on Monday saw a continuation of relatively high volumes with dealers buying the equivalent of US$44,518,271 and selling US$47,139,125, in contrast with US$46,633,736 purchased and US$39,279,414 sold on Friday.
In US dollars trading, dealers bought US$40,700,061 compared to US$42,784,797 on Friday, with the buying rate for the US dollar declining 12 cents to $121.23. A total of US$44,798,976 was sold versus US$37,116,900 on Friday as the selling rate slipped 2 cents to $121.85. FX sum 07-03-16The Canadian dollar buying rate fell 45 cents to end at $87.17 with dealers buying C$1,351,796 and selling C$765,595, at an average rate that climbed 50 cents to $90.20. The rate for buying the British Pound rose 71 cents to $169.35 for the purchase of £1,901,755, while £1,068,937 was sold, with the rate rising $1.80 to $171.93. At the end of trading, the selling rate for Euro, climbed 91 cents to close at J$134.14, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.57 for a rise of 90 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$189,659 being bought, while US$265,153 was sold.
FX HL 07-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a jump of $1.90 in the highest buying rate for the Canadian dollar that ended at $93, the lowest selling rate climbed $3.10 to $86.20 and the highest selling rate for the British Pound gained $1.94 to $180.36 and the lowest selling rate jumped $2.50 to end at $164.50.

Buoyant FX trading on Friday

FX_USPound2 Trading in the Jamaican foreign exchange market on Friday saw relatively of high volumes for with dealers buying the equivalent of US$46,633,736 and selling US$39,279,414, in contrast with US$44,241,712 purchased and US$39,776,239 sold on Thursday.
In US dollars trading, dealers bought US$42,784,797 compared to US$40,866,243 on Thursday, with the buying rate for the US dollar rising 1 cent to $121.35. A total of US$37,116,900 was sold versus US$38,015,855 on FX sum 04-03-16Thursday as the selling rate slipped 1 cent to $121.87. The Canadian dollar buying rate fell $1.10 to end at $87.62 with dealers buying C$1,343,026 and selling C$557,528, at an average rate that fell $1.10 to $89.70. The rate for buying the British Pound rose 92 cents to $168.64 for the purchase of £1,864,225, while £489,331 was sold, with the rate falling 41 cents to $170.13. At the end of trading, the selling rate for Euro, climbed $1.28 to close at J$133.24, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.66 for a rise of $1.43 from Thursday’s rate. The US dollar equivalent of other currencies FX HL 04-03-16 traded, amounts to US$288,389 being bought, while US$1,069,050 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a jump of $1.20 in the highest selling rate for the US dollar that ended at $128.90, the highest selling rate of the Canadian dollar climbed $1.85 to $94.45 and the highest selling rate for the British Pound gained $2.73 to $178.42.

Big FX trading continues on Tuesday

FX_USPound2 Trading in the Jamaican foreign exchange market on Tuesday saw another day of high volumes for the third consecutive day with dealers buying the equivalent of US$76,783,088 and selling US$77,003,971, in contrast with US$77,059,769 purchased and US$85,477,235 sold on Monday.
In US dollars trading, dealers bought US$71,080,717 compared to US$73,434,983 on Monday, with the buying rate for the US dollar rising 9 cents to $121.51. A total of US$73,587,571 was sold versus US$83,624,941 on Monday as the selling rate slipped 2 cents to $121.82. FX trde sum 16-02-16The Canadian dollar buying rate rose $1.45 to end at $85.53 with dealers buying C$1,852,682 and selling C$796,989, at an average rate that fell 19 cents to $86.59. The rate for buying the British Pound rose 65 cents to $173.36 for the purchase of £2,250,589, while £1,001,147 was sold, with the rate being up $2.57 to $174.54. At the end of trading, the selling rate for Euro, ended with a fall of $1.18 to close at J$135.78, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.28 for a decline of $1.09 from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$1,187,546 being bought, while US$1,415,534 was sold.
FX H&L 16-02-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a jump of $18.14 in the lowest selling rate for the US dollar that ended at $117.50, the lowest selling rate of the Canadian dollar dropped $1.36 to $80.14 and the highest buying rate for the British Pound rising by $1.85 to $177.85 whilst the lowest selling rate fell $1 to $167.

More FX sold as J$ slips – Monday

1000front Trading in the Jamaican foreign exchange market ended Monday with outflows more than $8 million than inflows, with dealers buying the equivalent of US$77,059,769 and selling US$85,477,235, in contrast with US$59,840,782 purchased and US$63,107,330 sold on Friday.
In US dollars trading, dealers bought US$73,434,983 compared to US$56,067,039 on Friday, with the buying rate for the US dollar rising 10 cents to $121.42. A total of US$83,624,941 was sold versus US$61,386,330 on Friday as the selling rate rose 3 cents to $121.84.FX trde sum 15-02-16 The Canadian dollar buying rate fell 62 cents to end at $84.08 with dealers buying C$1,618,650 and selling C$851,202, at an average rate that climbed $1.26 to $86.78. The rate for buying the British Pound rose 37 cents to $172.71 for the purchase of £1,641,392, while £322,934 was sold, with the rate being down $2.21 to $171.97. At the end of trading, the selling rate for Euro, ended with a fall of $1.04 to close at J$136.96, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.37 for a decline of 78 cents from Friday’s rate. FX H&L 15-02-16 The US dollar equivalent of other currencies traded, amounts to US$169,006 being bought, while US$790,203 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a fall of $1.97 in the lowest selling rate for the US dollar that ended at $99.36, the highest buying rate of the Canadian dollar rising $1.10 to $89 and lowest selling rate falling by $1 to $81.50 whilst the highest buying rate for the British Pound fell $2 to $176.

Slight US$ imbalance on Friday

FX_USPound2 Trading in the Jamaican foreign exchange market ended Friday with inflows and outflows once more almost matching each other, with dealers buying the equivalent of US$32,891,082 and selling US$31,317,005, in contrast with US$35,408,853 purchased and US$34,875,156 sold on Thursday.
In US dollars trading, dealers bought US$29,718,543 compared to US$31,462,644 on Thursday, with the buying rate for the US dollar falling 2 cents to $120.84. A total of US$30,451,008 was sold versus US$32,362,621 on Thursday as the selling rate rose 7 cents to $121.49.FX trde sum 5-02-16 The Canadian dollar buying rate fell 36 cents to end at $85 with dealers buying C$1,129,977 and selling C$461,187, at an average rate that climbed by 1 cent to $86.89. The rate for buying the British Pound dipped $1.18 to $172.39 for the purchase of £1,083,530, while £292,137 was sold, with the rate being down $1.65 to $174.02. At the end of trading, the selling rate for Euro, ended with a rise of $1.52 to close at J$135.63, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.98 for a rise of $1.67 from Thursday’s rate. FX H&L 05-02-16 The US dollar equivalent of other currencies traded, amounts to US$831,891 being bought, while US$117,715 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a fall of $1.91 in the lowest selling rate for the US dollar that ended at $93.20, the highest buying rate of the Canadian dollar rising $1.01 to $89.31 and lowest buying rate climbing $1.07 to $70.38 whilst the highest buying rate for the British Pound fell $1.20 to $177 with the highest selling falling by $1.48 to $180.09.

Balanced FX flows on Thursday

US$ bungle Trading in the Jamaican foreign exchange market ended Thursday with inflows and outflows almost matching each other, with dealers buying the equivalent of US$35,408,853 and selling US$34,875,156, in contrast with US$30,741,701 purchased and US$45,468,988 sold on Wednesday.
In US dollars trading, dealers bought US$31,462,644 compared to US$27,773,808 on Wednesday, with the buying rate for the US dollar rising by 22 cents to $120.86. A total of US$32,362,621 was sold versus US$43,559,983 on Wednesday as the selling rate rose 4 cents to $121.42.FX trde sum 4-02-16 The Canadian dollar buying rate rose $1.78 to end at $85.36 with dealers buying C$1,136,090 and selling C$753,990, at an average rate that climbed by $1.19 to $86.88. The rate for buying the British Pound climbed $1.83 to $173.57 for the purchase of £1,777,186, while £776,985 was sold, with the rate jumping $2.45 to $175.67. At the end of trading, the selling rate for Euro, ended with a rise of $1.80 to close at J$134.11, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.31 for a rise of $1.60 from Wednesday’s rate. FX H&L 04-02-16 The US dollar equivalent of other currencies traded, amounts to US$591,627 being bought, while US$848,923 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a rise of $1.95 in the lowest selling rate for the US dollar that ended at $101.11, the highest buying rate for the British Pound climbing $1.50 to $178.20, the highest selling being up by $1.99 to $181.57 and the lowest selling rate gaining $1.50 to $168.50.

Strong FX inflows on Tuesday

J$5000 Trading in the Jamaican foreign exchange market ended Tuesday with dealers buying the equivalent of US$39,102,745 and selling US$45,483,303, in contrast with US$64,626,781 purchased and US$55,140,235 sold on Monday.
In US dollars trading, dealers bought US$36,005,606 compared to US$60,897,375 on Monday with the buying rate for the US dollar slipping by 9 cents to $120.80. A total of US$43,512,355 was sold versus US$53,714,041 on Monday as the selling rate rose by 3 cents to $121.37. The Canadian dollar FX trde sum 2-02-16buying rate rose 54 cents to end at $83.11 with dealers buying C$1,054,742 and selling C$1,429,307, at an average rate that climbed $2.37 to $87.27. The rate for buying the British Pound jumped $1.90 to $170.69 for the purchase of £1,573,451, while £523,262 was sold, with the rate rising $1.46 to $172.53. At the end of trading, the selling rate for Euro, ended with a rise of 85 cents to close at J$132.18, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.72 for a gain of 85 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$148,241 being bought, while US$199,528 was sold.
FX H&L 02-02-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a recovery of $18.34 in the lowest selling rate for the US dollar that ended at $117.50 and the highest buying rate for the British Pound climbing $1.50 to $174.30 and lowest selling rate gaining $2.05 to end at $166.50.

FX trading jumps on Monday

FX_USPound2 Trading in the Jamaican foreign exchange market ended Monday with dealers buying the equivalent of US$64,626,781 and selling US$55,140,235, in contrast with US$55,187,652 purchased and US$45,669,815 sold on Friday.
In US dollars trading, dealers bought US$60,897,375 compared to US$51,122,324 on Friday with the buying rate for the US dollar slipping by 2 cents to $120.89. A total of US$53,714,041 was sold versus US$43,774,345 on Friday as the selling rate fell by 3 cents to $121.34. The Canadian dollar buying rate FX trde sum -02-16fell 64 cents to end at $82.57 with dealers buying C$1,301,740 and selling C$615,650, at an average rate that slipped 84 cents to $84.59. The rate for buying the British Pound dived $2 to $168.79 for the purchase of £1,208,967, while £455,237 was sold, with the rate declining $2.83 to $171.06. At the end of trading, the selling rate for Euro, ended with a loss of $1.42 at J$131.33, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.87 for a fall of FX H&L 1-02-16 $1.59 from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$1,152,324 being bought, while US$353,692 was sold.Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a drop of $18.84 in the lowest selling rate for the US dollar that ended at $99.16 and the highest buying rate for the British Pound falling $1.25 to $172.80.