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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 Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar

Rupee Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar

Wed, Aug 02, 2023

Rupee Vs Dollar: The rupee fell 38 paise to settle at 82.60 (provisional) against the US dollar on Wednesday on weak domestic equities and elevated crude prices in international markets. Rupee is trading in a negative note on risk aversion in global markets and weak Asian currencies

Dollar gains after relatively strong data, Aussie dollar tumbles

Dollar gains after relatively strong data, Aussie dollar tumbles

Wed, Aug 02, 2023

US dollar rate index news: The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction in June offset a decline in job openings last month to the lowest level in more than two years.

Dollar gains after Fed loan survey, yen slips

Dollar gains after Fed loan survey, yen slips

Tue, Aug 01, 2023

US dollar rate index news: The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during the second quarter, a sign rising interest rates are having an impact on the economy.

US dollar rises as strong data push against dovish policy narrative

US dollar rises as strong data push against dovish policy narrative

Fri, Jul 28, 2023

US dollar rate index news: The dollar strengthened against the euro on Thursday, after better-than-expected U.S. economic data continue to foil investors' expectation for relatively dovish monetary policy from the Federal Reserve.

US dollar flat as market awaits clarity from central banks

US dollar flat as market awaits clarity from central banks

Wed, Jul 26, 2023

US dollar rate index news: The dollar was flat against a basket of its major peers on Tuesday, as investors hope a trio of central bank meetings this week will provide guidance on the outlook for monetary policy. Signs of an extremely resilient U.S. economy helped the currency recover from a recent 15-month low, as well as persistent weakness in Europe.

Dollar gains, stocks fall as US data suggests rates to stay higher

Dollar gains, stocks fall as US data suggests rates to stay higher

Fri, Jul 21, 2023

US dollar rate index news: The dollar rallied and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the Federal Reserve will keep interest rates higher for longer to curb inflation.

Corporate funding in global solar sector grows 54% to USD 18.5 billion in January-June: Mercom report

Corporate funding in global solar sector grows 54% to USD 18.5 billion in January-June: Mercom report

Wed, Jul 19, 2023

According to a Mercom Capital report, the total corporate funding was at USD 12 billion in the January-June period in 2022, the report said, adding that corporate funding includes venture capital, public market and debt financing.

Dollar decline slows as investors wait on Fed

Dollar decline slows as investors wait on Fed

Tue, Jul 18, 2023

US dollar rate index news: The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but held above more than one-year lows reached on Friday with no major catalysts to drive market direction.

Analyzing the Weakness of the Dollar: Causes and Implications Know From Ajay Bagga

Analyzing the Weakness of the Dollar: Causes and Implications Know From Ajay Bagga

Mon, Jul 17, 2023

Why is the dollar getting worse?, How long will the online dollar weakness last?, How are China's manufacturing data? View the full analysis from Ajay Bagga of Elements Platforms

Rupee gains 12 paise to 81.96 against US dollar in early trade

Rupee gains 12 paise to 81.96 against US dollar in early trade

Fri, Jul 14, 2023

The rupee appreciated 12 paise to 81.96 against the US dollar in early trade on Friday, as a strong opening in domestic equity markets and a weaker greenback against major rivals overseas strengthened investor sentiments.

Dollar at 15-month low as easing inflation firms rate peak bets

Dollar at 15-month low as easing inflation firms rate peak bets

Fri, Jul 14, 2023

US dollar rate index news: The dollar hovered at 15-month lows on Friday after a steep dive overnight, as markets wagered the Federal Reserve was close to the end of its rate hike cycle due to easing inflation.

Rupee gains 21 paise to 81.97 against US dollar in early trade

Rupee gains 21 paise to 81.97 against US dollar in early trade

Thu, Jul 13, 2023

In the previous session on Wednesday, the rupee had settled at 82.18 against the dollar.

US dollar stumbles, drops to more than one-year low as inflation eases in June

US dollar stumbles, drops to more than one-year low as inflation eases in June

Thu, Jul 13, 2023

US dollar rate index news: The dollar crashed to its lowest in more than a year on Wednesday after data showed the rise in U.S. consumer prices moderated in June, suggesting the Federal Reserve may have to raise interest rates only one more time this year.

Pakistan lost over USD 4 billion in FY23 in remittances as illegal channels offer higher exchange rates

Pakistan lost over USD 4 billion in FY23 in remittances as illegal channels offer higher exchange rates

Tue, Jul 11, 2023

Pakistan lost over USD 4 billion in remittances sent by expatriates to illegal channels in the current fiscal year, much higher than the amount the cash-strapped government struggled to secure from the IMF as a bailout.

US dollar drops to three-week low as Fed rate hikes nearly done

US dollar drops to three-week low as Fed rate hikes nearly done

Tue, Jul 11, 2023

US dollar rate index news: The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central bank is near the end of its tightening cycle.

Dollar softens, China inflation data takes centre stage

Dollar softens, China inflation data takes centre stage

Mon, Jul 10, 2023

US dollar rate index news: The dollar was on the back foot on Monday after a miss in U.S. jobs data scaled back market expectations on how much further the Federal Reserve would need to raise rates, while focus in the Asia day was on China's inflation data release.

Vedanta Group to acquire semiconductor business from sister concern Twin Star

Vedanta Group to acquire semiconductor business from sister concern Twin Star

Sat, Jul 08, 2023

Anil Agarwal-led Vedanta Group will acquire 100 per cent stake in semiconductor and display units from sister concern Twin Star Technologies, the conglomerate said.

Rupee Vs Dollar: Rupee falls 13 paise to close at 82.73 against US dollar

Rupee Vs Dollar: Rupee falls 13 paise to close at 82.73 against US dollar

Fri, Jul 07, 2023

Rupee Vs Dollar: The rupee depreciated further by 13 paise to close at 82.73 (provisional) against the US dollar on Friday, weighed down by losses in domestic markets and a rise in crude oil prices.

Dollar eases after strong labor market reports

Dollar eases after strong labor market reports

Fri, Jul 07, 2023

US dollar rate index news: The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest rates later this month.

Dollar gains after Fed minutes reinforce rate hike expectations

Dollar gains after Fed minutes reinforce rate hike expectations

Thu, Jul 06, 2023

US dollar rate index news: The U.S. dollar edged higher against other major currencies on Wednesday after minutes from the Federal Reserve's June policy meeting reinforced market expectations of another interest rate hike at the end of July.

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