Meanings of recent trough in English

The dollar firmed to 98.21 yen, from its recent trough of 96.94.

Despite this, the value of exports remains well above its recent trough, registered at the end of 2009.

The recent trough was early November.

Against a basket of currencies, the dollar was flat at 97.616, moving away from the recent trough of 96.355.

Against a basket of currencies, the dollar had firmed to 97.624 and away from the recent trough of 96.355.

Investors moved to pick up stocks as the Nikkei average got closer to the recent trough at the 12,900 level, he said.

Against a basket of currencies the dollar was a fraction lower at 93.0-08, still uncomfortably close to the recent trough of 92.521.

In commodities, oil prices remained in a rut amid plentiful supply with Brent not far from its recent trough of $104.07.

Payroll growth was 329,000 last December after revisions, carving a recent trough of 126,000 in March but rose a relatively-modest 215,000 in July.

Analysts say few investors are expecting oil to fall back to its recent troughs.

Gains in the GDRs and ETF have stalled though they are well off recent troughs.

Emerging stocks were up 1.2 percent after hitting five-month lows earlier this week, while the Turkish lira and South African rand held above recent troughs.