J$ slips vs US dollar up on Pound

In Friday’s forex trading, the Jamaican currency was mixed against the major currencies that Jamaica trades in, with the Jamaica dollar slipping to $112.72 for selling of the US dollar by authorized dealers, compared with $112.60 the previous day.
On Friday, dealers bought the equivalent of $31,703,986 versus US$22,112,178 on Thursday and sold the equivalent of US$30,989,839 compared to US$28,577,278 sold on Thursday.
FX sum 18-7-14In US dollar trading, dealers bought US$26,056,055 compared to US$17,385,127 on Thursday as the buying rate for the US dollar, rose 16 cents to $112.09 and sold US$24,483,036 versus US$21,394,673 on Thursday, as the rate increased 12 cents to $112.72.
The Canadian dollar buying rate fell 11 cents, to $104.39 with dealers buying C$2,592,931 and selling C$4,951,842 as the rate fell a cent, to $106.07.
The Pound closed at $190.38, for the purchase of £1,441,619, up 6 cents, while only £746,122 was sold, with the rate shedding by 97 cents, to $192.53. Other currencies bought, amounted to the equivalent of US$784,739 while selling was the equivalent of US$572,575.
FX HL 18-7-14Highs & Lows| The highest rate for buying the US dollar and the lowest buying rate remained unchanged at $113.20 and $91.85 respectively and the highest selling rate fell 21 cents t0 $117.70, while the lowest selling rate jumped by $17.99 cents to $110.
The highest buying rate for the Canadian dollar declined by 10 cents, to $105.50 and the lowest buying rate was up 17 cents to $83.17, the highest selling rate rose 21 cents to $107.21 and the lowest was up 20 cents to $100.20.
The highest buying rate for the British Pound, climbed 20 cents to $193.20, while the lowest buying fell by 29 cents to $154.38 and the highest selling rate dropped $3.41 to $195.98, the lowest selling rate was down by $2.20 to $186.

J$ gives up some ground on Wednesday

In Wednesday’s trading the Jamaican currency slipped against all three major currencies that Jamaica trades in. On Wednesday, dealers bought the equivalent of $29,964,712 versus US$29,935,750 on Tuesday and sold the equivalent of US$26,521,292 compared to US$29,376,851 sold on Tuesday.
FX sum 16-7-14In US dollar trading, dealers bought US$25,992,810 compared to US$26,382,733 on Tuesday as the buying rate for the US dollar, fell 13 cents to $112.03 and sold US$24,271,674 versus US$26,303,408 on Tuesday, with the rate rising 7 cents to $112.64. The Canadian dollar buying rate climbed $1.03, to $103.57 with dealers buying C$835,190 and selling C$673,642 as the rate rose 30 cents, to $105.14.
The Pound closed at $191.07, for the purchase of £1,827,067, the rate rose 59 cents, while £771,646 was sold, with the rate rising by 20 cents, to $193.04. Other currencies bought, amounted to the equivalent of US$83,624 while selling was the equivalent of US$298,430.
FX HL 16-7-14Highs & Lows| The highest rate for buying the US dollar was up 90 cents to $114, the lowest buying and the highest selling rates remained unchanged at $92.02 and $117.91 respectively, the lowest selling rate jumped $18.09 cents to $110.10. The highest buying rate for the Canadian dollar rose by $1, to $106 and the lowest buying rate was up 5 cents, to $83.42, the highest selling rate was unchanged at $107.48 and the lowest gained 5 cents to $100.50.
The highest buying rate for the British Pound, was slipped 60 cents to $193.60, while the lowest buying was unchanged at $154.38 and the highest selling rate declined by $2.09 to $196.93, the lowest selling rate was up by 50 cents at $186.50.

J$ gains as BOJ intervention still impacts market

Bank of Jamaica’s intervention in the forex market last Thursday, continued to affect forex trading on Monday, leaving dealers with US$14 million surplus between Thursday and Monday.
In the three days period they bought US$23 million more of all currencies, than the sold. In today’s trading the Jamaican currency appreciated against all three major currencies that trading takes place in. On Monday, dealers bought the equivalent of $42,467,751 versus US$34,345,235 on Friday and sold the equivalent of US$33,244,982 compared to US$27,608,212 sold on Friday.
FX sum 14-7-14In US dollar trading, dealers bought US$37,691,477 compared to US$26,461,541 on Friday as the buying rate for the US dollar, fell 3 cents to $112.03 and sold US$31,281,273 versus US$22,353,327 on Friday, with the rate falling 6 cents to $112.62.
The Canadian dollar buying rate dropped $2.34 cents, to $102.24 with dealers buying C$1,153,328 and selling just C$666,699 as the rate declined 51 cents, to $104.82.
The Pound closed at $189.67, for the purchase of £1,763,030, the rate fell $1.61, while £559,580 was sold, with the rate declining by 52 cents, to $192.13. Other currencies bought, amounted to the equivalent of US$738,897 while selling was the equivalent of just US$388,590.
FX hl-14-7-14Highs & Lows| The highest rate for buying the US dollar, rose 10 cents to $113.10, the lowest buying rate was unchanged at $92.02 but the highest selling rate rose $4.09, to close at $122 and the lowest selling rate dropped $18.35 to $91.85.
The highest buying rate for the Canadian dollar fell by 85 cents, to $105.10 and the lowest buying rate fell 21 cents, to $83.62, the highest selling rate rose by 54 cents to $108.61 and the lowest settled at 25 cents lower at $100.75.
The highest buying rate for the British Pound, was up 75 cents to $193.75, while the lowest buying rate eased by 4 cents to $154.71 and the highest selling rate rose by $3.16 to $199.45, the lowest selling rate was down by 5 cents at $186.40.

BOJ’s intervention still impacts FX market

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GhanaMoney280x150Bank of Jamaica’s intervention in the forex market on Thursday, continued to affect forex trading on Friday and seems set to do so on Monday, usually the biggest trading day.
On Friday the selling rates for all three main currencies declined, as the Jamaican dollar strengthened. On Friday, dealers bought the equivalent of $34,345,235 versus US$81,413,723 on Thursday and sold the equivalent of US$27,608,212 compared to US$76,753,326 sold on the previous day.
FX sum 11-7-14In US dollar trading, dealers bought US$26,461,541 compared to US$79,215,627 on Thursday as the buying rate for the US dollar fell 45 cents to $112.06 and sold US$22,353,327 versus US$75,110,656 on Thursday, with the rate falling 2 cents to $112.69.
The Canadian dollar buying rate rose $1.78 cents, to $104.58 with dealers buying C$3,168,875 and selling, C$3,114,771 as the rate declined 66 cents, to $105.33.
The Pound closed at $191.28, for the purchase of £2,827,323, the rate climbed $2.08, while £1,313,681 was sold, with the rate declining by 32 cents to $192.66. Other currencies bought, amounted to the equivalent of US$100,110 while selling was the equivalent of just US$97,465.
FX11-7-14 HLHighs & Lows| There were several highs and lows that were unchanged at the end of trading. The highest rate for buying the US dollar fell 20 cents to $113, the lowest buying and the highest selling rates were unchanged at $92.02 and $117.91 respectively and the lowest selling rate rose 40 cents to $110.20.
The highest buying rate for the Canadian dollar fell by 25 cents, to $105.95 and the lowest buying, the highest and lowest selling rates were unchanged at $83.83, $108.07 and $101 respectively.
The highest buying rate for the British Pound, fell 30 cents to $193, while the lowest buying rate was unchanged at $154.75 and the highest selling rate declined by $3.27 to $196.29, the lowest selling rate was unchanged at $186.45.

Bank of Jamaica tames market with big sale

BankofJamaicaBOJBank of Jamaica’s announcement on Wednesday that they would intervene in the forex market on Thursday, led to heavy volume of US dollar being bought and sold, with dealers buying US$79.2 million and selling US$75 million, the rate for selling the US dollar slipped back by 3 cents Jamaican to J$112.71, compared with J$112.74 on Wednesday.
FX sum 10-7-14On Thursday, dealers bought the equivalent of $81,413,723 versus US$30,976,689 on Wednesday and they sold the equivalent of US$76,753,326 compared to US$27,377,149 sold on the previous trading day.
In US dollar trading, dealers bought US$79,215,627 compared to US$27,065,797 on Wednesday as the buying rate for the US dollar rose 36 cents to $112.50 and sold US$75,110,656 versus US$29,837,045 on Wednesday, with the rate falling 3 cents to $112.71.
The Canadian dollar buying rate fell 33 cents, to $102.79 with dealers buying only C$749,467 and selling even less, C$510,916 as the rate declined, 56 cents to $105.99.
The Pound closed at $189.20, for the purchase of £751,860, the rate declined 19 cents, while £341,356 was sold, with the rate unchanged at $192.97. Other currencies bought, amounted to the equivalent of US$248,856 while selling was the equivalent of just US$577,766.
FX hl -10-7-14Highs & Lows| The highest rate for buying the US dollar fell 5 cents to $113.20, the lowest buying and the highest selling rates were unchanged at $92.02 and $117.91 respectively and the lowest selling rate rose $16.33 to $109.80.
The highest buying rate for the Canadian dollar was up by 10 cents, to $106.20 and the lowest buying rate was unchanged at $83.83. The highest selling rate fell 32 cents, to $108.07 and lowest selling rate was unchanged, at $101.
The highest buying rate for the British Pound, fell 35 cents to $193.30, while the lowest buying rate was unchanged, at $154.75 and the highest selling rate climbed by $3.22, to $199.56, the lowest selling rate was rose $1.35 cents, to $186.45.

Inflows don’t meet outflows

In Forex trading on Wednesday, the total inflows of funds was less than outflows, with the equivalent of US$30,976,689 being purchased to US$32,934,235 sold and compares to the equivalent of US$27,377,149 bought and US$29,447,519 sold on the previous trading day.
In US dollar trading, dealers bought US$27,065,797 compared to US$23,344,802 on Tuesday as the buying rate for the US dollar rose 21 cents to $112.14 and sold US$29,837,045 versus US$27,193,483 on Tuesday, with the rate rising 13 cents to $112.74.
FX 9-7-14SumThe Canadian dollar buying rate rose 6 cents to $103.12 with dealers buying C$1,001,201 and selling only C$1,469,073, the rate rose by $1.30 to $106.55.
The Pound closed at $189.39 for the purchase of £1,054,247, the rate decline $1.29, while £539,822 was sold, with the rate inching up by 3 cents to $192.97. Other currencies bought, amounted to the equivalent of US$1,209,746 while selling was the equivalent of just US$784,851.
FX 9-7-14HLHighs & Lows| The highest rate for buying the US dollar fell $3.83 to $113.25, the lowest buying rate climbed 17 cents to $92.02 and the highest selling rates increased by 21 cents to $117.91 and the lowest selling rate rose $1.62 to $93.47.
The highest buying rate for the Canadian dollar fell $1.87 to $106.10 and the lowest buying rate declined by 29 cents to $83.83. The highest selling rate was unchanged at $108.39 and lowest selling rate, slipped by 35 cents to $101.
The highest buying rate for the British Pound, fell 15 cents to $193.65, while the lowest buying rate rose 4 cents at $154.75 and the highest selling rate dropped by $3.11 to $196.34, the lowest selling rate was down $1.35 cents to $185.10.

More inflows than outflows but J$ still slips vs US

In Forex trading on Monday, the total inflows of funds was more than outflows, with the equivalent of US$42,845,590 being purchased to US$36,734,655 sold compared to the equivalent of US$24,376,857 bought and US$22,464,188 sold on the previous trading day.
In US dollar trading, dealers bought US$36,457,358 compared to US$20,362,496 on Friday as the buying rate for the US dollar fell 1 cent to $111.89 and sold US$32,914,257 versus US$18,760,043 on Friday, with the rate rising 3 cents to $112.52.
FX sum 7-7-14The Canadian dollar buying rate fell $1.97 to $103 with dealers buying C$1,284,007 and selling only C$770,986, the rate eased by 51 cents to $105.60.
The Pound closed at $190.71 for the purchase of £2,508,638, the rate rose 91 cents, while £1,297,137 was sold, with the rate inching up by 29 cents to $192.88. Other currencies bought, amounted to the equivalent of US$930,317 while selling was the equivalent of just US$873,204.
Highs & Lows| The highest rate for buying the US dollar gained 40 cents to $113.30, the lowest buying and the highest selling rates were unchanged at $91.85 FX hl 7-7-14and $117.70 respectively, but the lowest selling rate declined by 83 cents to $91.02.
The highest buying rate for the Canadian dollar fell 35 cents to $105.95 and the lowest buying rate was up 25 cents to $84.08. The highest selling rate was up 32 cents, to $108.39 and lowest selling rate, dropped by $18.16 to $82.84.
The highest buying rate for the British Pound, increased by $1.20 to $194.50, while the lowest buying rate increased 8 cents to $154.71. The highest selling rate climbed $3.34 to $199.45 and the lowest selling rate was up by $3.44 to $186.40.

Forex flows down sharply

In Forex trading on Friday, the total inflows of funds was more than outflows, with the equivalent of US$24,376,857 purchased to US$22,464,188 sold compared to the equivalent of US$38,577,518 bought and US$32,619,871 sold on the previous trading day.
FXsum4-7-14In US dollar trading, dealers bought US$20.36 million compared to US$33.54 million on Thursday as the buying rate for the US dollar fell 6 cents to $111.90 and sold US$18,760,043 versus US$29,180,481 on Thursday, with the rate rising 9 cents to $112.48.
The Canadian dollar buying rate was up $1.57 to $104.97 with dealers buying C$2,289,929 and selling C$2,105,928, the rate rose by 46 cents to $106.11.
The Pound closed at $189.80 for the purchase of £986,464, the rate fell 31 cents, while £452,417 was sold, with the rate inching down by 70 cents to $192.59. Other currencies bought, amounted to the equivalent of US$192,950 while selling was the equivalent of just US$942,867.
FXhl4-7-14Highs & Lows| The highest rate for buying the US dollar was unchanged at $112.90, the lowest buying rate climbed 42 cents to $91.85, the highest selling rate was unchanged at $117.70 but the lowest selling rate was up 83 cents to $91.85.
The highest buying rate for the Canadian dollar rose 35 cents to $106.30, the lowest buying rate was up 54 cents to $83.83, the highest selling rate was unchanged at $108.07 and lowest selling rate rose by $1 to $101.
The highest buying rate for the British Pound declined by 20 cents to $193.30 while the lowest buying rate increased 62 cents to $154.63. The highest selling rate fell $3.61 to $196.11 and the lowest selling rate was down by $3.04 to $182.96.

Inflows out strip sales but J$ slips

In Forex trading, the total inflows of funds was more than outflows, with the equivalent of S$38,577,518 purchased to US$32,619,871 sold compared to the equivalent of US$25,437,601 bought and $28,097,173 sold on the previous trading day.
In US dollar trading, dealers bought US$33,538,397 compared to US$22,803,724 on Wednesday as the buying rate for the US dollar increased by 20 cents to $111.95 and sold US$29,180,481 versus US$25,704,876 on Wednesday, with the rate rising 8 cents to $112.39.
FX sum 3-7-14The Canadian dollar buying rate was up 90 cents to $103.41 with dealers buying C$1,258,480 and selling C$1,132,601 as the rate fell by 30 cents to end at $105.66.
The Pound closed at $190.12 for the purchase of £2,233,157, the rate increased by 39 cents, while £1,353,848 was sold, with the rate climbing by $1.16 to $193.28. Other currencies bought, amounted to the equivalent of US$84,491 while selling accounted for the equivalent of just US$46,361.
FX hl-3-7-14Highs & Lows| The highest rate for buying the US dollar fell 2 cents to $112.90, the lowest buying rate was unchanged at $91.43, the highest selling rate was up 53 cents to $117.70 but the lowest selling rate was unchanged at $91.02.
The highest buying rate for the Canadian dollar rose 45 cents to $105.95, the lowest buying rate was unchanged at $83.29, the highest selling rate rose by 43 cents to $108.07 and lowest selling rate fell $1.50 to $100.
The highest buying rate for the British Pound gained 45 cents to $193.50 while the lowest buying rate increased 83 cents to $154.01. The highest selling rate increased $3.88 to $199.72 and the lowest selling rate was up by 97 cents to $186.

J$112.26 to buy the US dollar

In Forex trading the total inflows of funds was slightly higher than outflows, with the equivalent of US$34,797,225 purchased, to US$33,786,541 sold compared to the equivalent of US$43,468,700 bought and $39,107,616 sold on the previous trading day.
In US dollar trading, dealers bought US$30,303,191 compared to US$36,202,132 on Monday as the buying rate for the US dollar increased by 14 cents to $111.66 and sold US$31,522,303 versus US$32,694,269 on Monday with the rate closing up 6 cents at $112.26.
FX sum 1-7-14The Canadian dollar buying rate fell 43 cents to $103.36 with dealers buying C$1,447,974 and selling C$964,815 as the rate declined by 71 cents to end at $105.01.
The Pound closed at $189.51 for the purchase of £1,649,198, the rate rose 32 cents, while £684,741 was sold, with the rate climbing by 12 cents to $192.02. Other currencies bought, amounted to the equivalent of US$354,670 while selling accounted for the equivalent of just US$190,442.
FX hl 1-7-14fHighs & Lows| The highest rate for buying the US dollar rose 10 cents to $112.80, the lowest buying rate was unchanged at $91.02, the highest selling rate rose 54 cents to $117.17 at the end of trading but the lowest selling rate rose $18.69 to $109.50.
The highest buying rate for the Canadian dollar rose 15 cents to $105.70, in the meantime the lowest buying rate rose 46 cents at $83.29, the highest selling rate rose by 37 cents to $107.37 and lowest selling rate climbed 55 cents to $100.35.
The highest buying rate for the British Pound increased $1.50 to $194 while the lowest buying rate inched up $1.04 to $153.18. The highest selling rate rose by $1.34 to $197.47 and the lowest selling rate was up $1.25 to $184.55.