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Dollar steady in cautious start to busy data, Fed week

Dollar steady in cautious start to busy data, Fed week

Mon, Jan 29, 2024

US dollar rate index news: The dollar started the week on a steady footing as investors took stock of US economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check.

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Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Fri, Jan 26, 2024

US dollar rate index news: The US dollar held firm on Friday after rising overnight, as traders weighed how domestic GDP data that surprised to the upside would impact the Federal Reserve's rate path and awaited key inflation data later in the day.

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US dollar falls ahead of GDP, inflation data; Fed in focus

US dollar falls ahead of GDP, inflation data; Fed in focus

Thu, Jan 25, 2024

US dollar rate index news: The US dollar dropped on Wednesday, taking a breather from recent gains, as investors consolidated positions and looked to economic data this week and the Federal Reserve policy meeting next week for more clues about the start of the easing cycle.

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TRENDING NOW

Plastic Rs 10 notes to be out on 'field trial' in five locations in India: Govt

Plastic Rs 10 notes to be out on 'field trial' in five locations in India: Govt

Fri, Mar 17, 2017

The government of India on Friday announced a field trial with plastic banknotes at five locations of the country.

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Dollar crunched, bonds boosted as Fed goes gradual

Dollar crunched, bonds boosted as Fed goes gradual

Thu, Mar 16, 2017

"The Fed makes the world safe for risk until June," said CitiFX strategist Steven Englander. "Buy emerging market FX, equities, commodities."

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Blockchain technology to move beyond bitcoins and cryptocurrencies

Blockchain technology to move beyond bitcoins and cryptocurrencies

Thu, Jan 19, 2017

Blockchain technology came about initially as a way to verify bitcoin transactions online and to enable two parties to transact business without having to know or trust each other.

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India's first International Exchange at GIFT city to start trading from January 16

India's first International Exchange at GIFT city to start trading from January 16

Fri, Jan 13, 2017

Trading on the new India International Exchange at Gujarat International Finance Tec-City (GIFT city) will begin from January 16, Monday in equity, currency and interest rate derivatives to start with, a top company official said.

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TCS Q2 result: Shares drop over 1%; What to expect?

TCS Q2 result: Shares drop over 1%; What to expect?

Thu, Oct 13, 2016

TCS is estimated to report 2.4% growth in c/c and cross-currency impact of 90 bps. Also, cross-currency headwind from 13% exposure to GBP (depreciated 8.5% versus US$) will be partly offset by about 4% exposure to Japanese yen (appreciated 5% versus US$).

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Asia stocks weak, dollar shines as rate view unchanged; China eyed

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Thu, Oct 13, 2016

Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last U.S. Federal Reserve policy meeting indicated a December rate increase was still on the cards.

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IMF includes China's yuan in elite club of reserve currencies

IMF includes China's yuan in elite club of reserve currencies

Sat, Oct 01, 2016

The yuan joins the US dollar, the euro, the yen and British pound in the IMF's special drawing rights (SDR) basket, which determines currencies that countries can receive as part of IMF loans.

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Will Brexit impact Indian exports?

Will Brexit impact Indian exports?

Mon, Jun 27, 2016

Federation of Indian Export Organisations on Indian Express reported, that India’s export will face pressure led by currency volatility post Brexit decision in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products.

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