gain ground against (something)

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gain ground against (something)

In finance, especially regarding currency, to increase in value in comparison to something else. With Europe's economy still struggling to recover, the US Dollar continued to gain ground against the Euro on Friday.
See also: gain, ground
References in periodicals archive ?
It also features dog-leg holes that could lure the long hitters to take the risk and use their drivers in a bid to gain ground against the rest of the bidders in the P3-million event kicking off a four-leg Visayas swing of the Philippine Golf Tour's milestone 10th season.
It also features dog-leg holes that could lure the power hitters to go for the greens in a bid to gain ground against the rest of the bidders in the P3 million event kicking off a four-leg Visayas swing of the Philippine Golf Tour's milestone 10th season.
Now the local currency is set to gain ground against the dollar which came under pressure due to dharna in Islamabad, he said.
The dollar continued to gain ground against the local currency, trading at 1,183.45 won per dollar as of 2 p.m.
The post Iraqi forces gain ground against Islamic State south of Mosul appeared first on Cyprus Mail .
"Cider sales continue to gain ground against lager sales, although they remain a small percentage of on-premise sales," said Chuck Ellis, CEO and president.
The euro continued to gain ground against the US dollar and the yen, on 19 October, in a currency exchange market buoyed by the hope of a Franco-German agreement that would then be endorsed by the European Council, on 23 October.
The dollar continued to gain ground against the yen in the morning before running out of steam and edging down to just above the 110 yen line around noon.
LOSSIEMOUTH and BRORA meet in a bottom of the table battle, while BUCKIE look to gain ground against ROTHES.
Those likely not to survive the consolidation process are Sun, Hewlett-Packard and Sybase, which AMR says are not making sufficient investment to gain ground against their stronger competitors.
But he said, ''It's unlikely that the dollar will swiftly gain ground against the yen given concerns about (a U.S.-led attack on) Iraq.''
begins an attack on Iraq, the dollar could gain ground against the yen.