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US Dollar

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.

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.

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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Asia struggles for traction, dollar near 14-year peak on Fed rally

Asia struggles for traction, dollar near 14-year peak on Fed rally

Fri, Dec 16, 2016

The dollar on Friday stood near a 14-year peak, bond yields were highly elevated and Asian stocks struggled for traction as global markets continued adjusting to the idea of higher US interest rates.

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

Mon, Dec 12, 2016

Oil prices jumped more than 5% on Monday after OPEC and non-OPEC producers agreed to curb oil output and ease a global glut, while the US dollar extended gains ahead of an expected rate hike this week.

Asian shares edge up as markets look to ECB after Italian vote

Asian shares edge up as markets look to ECB after Italian vote

Wed, Dec 07, 2016

Asian shares edged up on Wednesday as investors covered short positions in European equities as they pondered the ramifications of Italy`s referendum and looked to the upcoming policy meeting of the European Central Bank (ECB).

China November data to show steady growth, but yuan, capital controls a worry: Reuters poll

China November data to show steady growth, but yuan, capital controls a worry: Reuters poll

Tue, Dec 06, 2016

A flood of data from China in coming weeks is expected to show the economy continued to grow at a steady pace in November, with inflation quickening and credit expanding at a faster pace despite concerns about rising debt, a Reuters poll showed.

Rupee strengthens by 16 paise against dollar in early trade

Rupee strengthens by 16 paise against dollar in early trade

Tue, Dec 06, 2016

The rupee strengthened by 16 paise to 68.05 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

Oil, dollar and bond yields sharply higher after OPEC deal

Oil, dollar and bond yields sharply higher after OPEC deal

Thu, Dec 01, 2016

The Organization of the Petroleum Exporting Countries on Wednesday agreed to its first output cut since 2008, with Saudi Arabia accepting "a big hit" on its production. Non-OPEC Russia will also join output reductions for the first time in 15 years to help OPEC prop up oil prices.

Rupee gains 9 paise against dollar in early trade

Rupee gains 9 paise against dollar in early trade

Wed, Nov 30, 2016

The rupee firmed up 9 paise to 68.56 against the dollar in early trade on Wednesday, rising for the second straight day on increased selling of the US currency by exporters and banks.

Asia stocks edge up on US growth data cues; dollar steady

Asia stocks edge up on US growth data cues; dollar steady

Wed, Nov 30, 2016

Asian stocks edged higher on Wednesday reflecting upbeat US growth news while oil steadied after a sharp drop overnight as Organisation of Petroleum Exporting Countries (OPEC) struggled to agree on a glut-draining production cut.

Rupee edges higher by 5 paise against dollar in early trade

Rupee edges higher by 5 paise against dollar in early trade

Tue, Nov 29, 2016

The rupee edged higher by 5 paise to 68.71 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters and banks.

Gold rises from multi-month lows as US dollar weakens

Gold rises from multi-month lows as US dollar weakens

Mon, Nov 28, 2016

Gold rose over 1% on Monday, recovering from a nine-and-a-half-month low in the previous session, as the US dollar extended losses after touching a 14-year highs touched last week.

Zimbabwe rolls out 'surrogate' dollars amid unease

Zimbabwe rolls out 'surrogate' dollars amid unease

Mon, Nov 28, 2016

Zimbabwe on Monday starts issuing "bond notes", its own currency equivalent to the US dollar in a bid to ease critical cash shortages amid widespread fears of a return to hyperinflation.

Rupee weakens by 11 paise against dollar in early trade

Rupee weakens by 11 paise against dollar in early trade

Mon, Nov 28, 2016

The rupee weakened by 11 paise to 68.57 against the dollar in early trade on Monday at the Interbank Foreign Exchange market on month-end demand for the American currency from importers.

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Fri, Nov 25, 2016

The rupee strengthened further from early gains by 30 paise to 68.43 against the American currency in late morning deals in sustained bouts of dollar selling from banks and exporters amid higher domestic equites.

Indian Rupee's tumble not surprising, says Sue Trinh

Indian Rupee's tumble not surprising, says Sue Trinh

Thu, Nov 24, 2016

While another Sue Trinh, head of Asia FX strategy at RBC Capital Markets was quoted by Bloomberg as saying that INR tumble is unsurprising and is not a sign of panic as losses are due largely to stronger dollar.

Donald Trump effect hits Mexico's growth forecast

Donald Trump effect hits Mexico's growth forecast

Thu, Nov 24, 2016

The Mexican central bank slashed the country's economic growth forecast on Wednesday, citing concerns that US President-elect Donald Trump will make good on his pledge to upend regional trade.

Asia stocks at 1-week highs on U.S. gains; oil up

Asia stocks at 1-week highs on U.S. gains; oil up

Tue, Nov 22, 2016

Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street closed at a record peak they were also wary of chasing prices higher until President-elect Donald Trump picks his economic team.

China weakens yuan-dollar rate beyond landmark 6.8 level

China weakens yuan-dollar rate beyond landmark 6.8 level

Fri, Nov 11, 2016

China weakened the yuan`s reference rate to beyond 6.8 to the dollar for the first time in more than six years on Friday as the greenback rebounded strongly, with analysts warning the unit could drop further.

Rupee hits new 2-month high of 66.34 against dollar

Rupee hits new 2-month high of 66.34 against dollar

Thu, Nov 10, 2016

The rupee strengthened by 9 paise to quote at fresh two-month high of 66.34 against the US dollar in early trade on Thursday on an increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market.

Asia shares rebound as Donald Trump turnaround 'astonishes'

Asia shares rebound as Donald Trump turnaround 'astonishes'

Thu, Nov 10, 2016

Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump`s presidential victory, dumping safe-havens for the tempting returns of risk assets.

Dollar, Mexican peso, stocks sink as Donald Trump edges ahead

Dollar, Mexican peso, stocks sink as Donald Trump edges ahead

Wed, Nov 09, 2016

The US dollar sank and stock markets slammed into reverse in wild Asian trade on Wednesday as every new exit poll in the US presidential election showed the race to be a nail-biter, sending investors stampeding to safe-haven assets.

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