XE CURRENCY CONVERTER
| 1.00 ETB | = | 0.0536566 USD |
| Ethiopian Birr | ↔ | US Dollar |
| 1 ETB = 0.0536566 USD | 1 USD = 18.6370 ETB |
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Mid-market rates: 2013-05-21 10:42 UTC
EUR/USD2013-05-21 10:25 UTC
EUR-USD threatened 1.2900 in early Europe. However, it was unable to progress further due to an overhang of offers and dollar dip buying versus JPY and GBP. Fund demand for euros appeared just under 1.2860, leaving recent ranges intact. There isn't much appetite to break the current holding pattern as market participants are mostly on the sidelines ahead of Wednesday's testimony from Fed Chairman Bernanke. However, a short term shift in ... Read More ►
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North American Edition2013-05-21 10:25 UTC
The dollar index posted modest gains, leaving it close to 84.00 after mixed flows during the European morning. EUR held stable close to 1.2865 after it was unable to clear offers from the 1.2900 level in early Europe. Cable headed back to 1.5170 after U.K. inflation data came in on the weaker side. USD-JPY dip buyers returned after Japan Economy Minister Amari clarified his position on FX amid speculation that PM Abe may have reproached him for his ... Read More ►
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European Edition2013-05-21 06:07 UTC
The dollar was weighed by further repositioning head of Wednesday's testimony from Fed Chairman Bernanke. The dollar is perhaps due a slight correction after various proprietary models point to excessive long positions. JPY saw more selling pressure on upticks today after Japan Economy Minister Amari offered clarification on his FX positions after he appeared to call an end to yen selling on the weekend. Overnight, he called for FX markets to strike the ... Read More ►
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Asian Edition2013-05-17 17:41 UTC
The dollar got a boost from some strong Michigan sentiment and leading indicators on Friday, which reignited the sustainable U.S. growth meme once again. Stocks rallied, Treasury yields bounced, as risk appetite returned just in time for the weekend. EUR-USD ran into a band of sell stops around 1.2850 ahead of the data, taking the pairing to 1.2820 lows, before briefly dipping under 1.2800 in the aftermath of the data. USD-JPY meanwhile, moved to trend ... Read More ►
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