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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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Rupee strengthens by 37 paise against dollar in early trade

Rupee strengthens by 37 paise against dollar in early trade

Mon, Jun 06, 2016

Rupee strengthened by 37 paise to 66.88 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters amid foreign fund inflows.

Rupee recovers by 5 paise against dollar in early trade

Rupee recovers by 5 paise against dollar in early trade

Tue, May 31, 2016

Forex dealers said a higher opening in the domestic equity market and a weakening US dollar against other currencies overseas supported the rupee.

Asian shares steady but set for monthly loss

Asian shares steady but set for monthly loss

Tue, May 31, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4%, poised to end the month down 1.9%.

Janet Yellen hints at interest rate hike in coming months

Janet Yellen hints at interest rate hike in coming months

Sun, May 29, 2016

The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, the US central bank chief Janet Yellen said on Friday, bolstering the case for a rate increase in June or July.

Rupee gains 4 paise against dollar in early trade

Rupee gains 4 paise against dollar in early trade

Thu, May 26, 2016

Forex dealers said weakness in the US dollar against other currencies overseas supported the rupee.

Chinese yuan falls to sixth place among most-used world payment currencies: SWIFT

Chinese yuan falls to sixth place among most-used world payment currencies: SWIFT

Thu, May 26, 2016

The yuan jumped to the fourth place last August but gradually lost growth momentum as the volatile foreign exchange rate and China's sluggish economy dampened foreign investors' appetite to use or hold the currency.

Rupee depreciates 18 paise against dollar in early trade

Rupee depreciates 18 paise against dollar in early trade

Tue, May 24, 2016

Besides, persistent demand for the American currency from importers and banks and US dollar's strength against other currencies overseas on renewed possibility of the US Federal Resrerve raising borrowing costs as early as June weighed, forex dealers said.

Oil prices little changed as dollar gains, US drawdown seen

Oil prices little changed as dollar gains, US drawdown seen

Tue, May 24, 2016

The US commercial crude oil stocks fell by around 2.5 million barrels to 538.8 million in the week ended May 20, a preliminary Reuters analysts' poll taken ahead of weekly industry and official inventory data showed on Monday.

Gold inches up but lingers near three-week lows on US Fed rate views

Gold inches up but lingers near three-week lows on US Fed rate views

Mon, May 23, 2016

Bullion has been under pressure since the Fed released the minutes of their April meeting last week that showed officials believe the US economy could be ready for another interest rate increase next month.

Chinese yuan strengthens 55 basis points against dollar on Monday

Chinese yuan strengthens 55 basis points against dollar on Monday

Mon, May 23, 2016

The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Asian oil prices slip on strong dollar, firm global supplies

Asian oil prices slip on strong dollar, firm global supplies

Mon, May 23, 2016

In a further sign of abundant supply, the number of rigs operated by US drillers was steady last week for the first time this year.

Asian shares rise, but Japan stocks fall on weak economic data

Asian shares rise, but Japan stocks fall on weak economic data

Mon, May 23, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, after the US shares rallied on Friday, shrugging off growing expectations of further tightening in monetary policy.

Gold heads for biggest weekly drop in eight weeks on Fed rate outlook

Gold heads for biggest weekly drop in eight weeks on Fed rate outlook

Fri, May 20, 2016

New York Fed President William Dudley said on Thursday there was a strong sense among the central bank officials that markets were underestimating the probability of policy tightening and that the Fed was on track for a rate hike in June or July.

Toyota Motor forecasts 35% tumble in net profit for FY17

Toyota Motor forecasts 35% tumble in net profit for FY17

Wed, May 11, 2016

The Japanese automaker said on Wednesday profit for the year ending in March 2017 will fall to 1.5 trillion yen ($13.81 billion) from 2.31 trillion yen in the previous year, and far short of the average 2.25 trillion yen for the current year estimated by 28 analysts, according to Thomson Reuters I/B/E/S.

Yen falls near two-week lows after Japan's verbal warnings

Yen falls near two-week lows after Japan's verbal warnings

Wed, May 11, 2016

Finance Minister Taro Aso said on Monday that Tokyo was ready to intervene to weaken the currency if moves were volatile enough to hurt the country's trade and economy.

Rupee trades lower by 12 paise against dollar in early trade

Rupee trades lower by 12 paise against dollar in early trade

Tue, May 10, 2016

According to dealers, strength in the US dollar against other overseas currencies and a lower opening in domestic equities also kept the pressure on the domestic unit.

Oil prices down on brimming crude stocks, Canada fires move away from oil sands

Oil prices down on brimming crude stocks, Canada fires move away from oil sands

Tue, May 10, 2016

"A reversal in the US dollar will continue to weigh on commodity markets. With concerns easing over Canadian oil supply disruptions, crude oil could come under additional pressure," ANZ Bank said.

Oil prices end slightly lower on profit-taking after solid gains

Oil prices end slightly lower on profit-taking after solid gains

Sat, Apr 30, 2016

The US oil surged about 20% in April, the largest monthly gain in a year, helped by a weaker US dollar and reduced US crude output.

Rupee recovers by 7 paise against dollar in early trade

Rupee recovers by 7 paise against dollar in early trade

Fri, Apr 29, 2016

According to forex dealers, the weakness in the US dollar against other currencies overseas supported the rupee.

Japanese Yen hits 18-month high against dollar

Japanese Yen hits 18-month high against dollar

Fri, Apr 29, 2016

The yen also pushed higher against the euro, which fell 0.4% to 122.295 yen.

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