Page 6 - Dollar Rise

Dollar hits two-decade high, rattled investors plump for safe haven

LONDON (Reuters) - The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into the safe-haven currency.

Rupee falls by 23 paise to 76.65 against US dollar in early trade

The rupee declined 23 paise to 76.65 against the US dollar in the opening trade on Monday tracking the strength of the dollar in the overseas market. At the interbank foreign exchange, the rupee opened on a muted note at 76.58 against the American dollar, then fell and touched an early low of 76.65 in initial deals, registering a fall of 23 paise over its previous close. On Friday, The rupee declined by 25 paise to close at 76.42 against the US currency. The rupee opened weaker against the US dollar weighed by hawkish comments from Federal Reserve Chair Jerome Powell last week, said Sriram Iyer, Senior Research Analyst at Reliance Securities. Most Asian and emerging market peers are trading weaker this Monday morning and could weigh on sentiments. Meanwhile, global oil benchmark Brent crude futures fell 2.85 per cent to USD 103.61 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02 per cent to 101.23. On the domestic

US dollar continues to garner support from Fed hike expectations

The US rate futures market has priced in 96% chance of a 50 basis-point hike at next month's Fed policy meeting, and about 215 basis points in cumulative rate increases

US dollar inches up to new two-year peak, set for best week in four

The dollar index rose as high as 99.904 in early Asia trade, its best level since May 2020.

Dollar edges up after Putin's comment about progress in Ukraine talks

Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been 'certain positive shifts' in negotiations with Ukraine

Race for liquidity boosts dollar as Russia contagion risk rises

The dollar rose as much as 0.7%, extending on last week's 0.4% gain

Safe-haven currencies fall on hopes for easing in Ukraine crisis

Safe-haven Japanese yen fell back on Friday and the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.

Dollar rises on Ukraine jitters after Russia reports attack

The dollar bounced on Thursday after a Russian news report of mortar fire in eastern Ukraine jangled market nerves and sent investors in to safe havens.

European stocks rise, dollar slips, as investors focus on Russia-Ukraine

LONDON (Reuters) - European stocks opened slightly higher on Tuesday, the dollar eased and gold was just below an 8-month high as investors remained focused on the risk of Russia invading Ukraine.

Dollar gains as Ukraine tensions rise after US warning

A Russian attack could begin any day and would likely start with an air assault, White House national security adviser Jake Sullivan told a media briefing

Dollar posts solid gains after higher-than-expected US CPI data in Jan

CPI rose 0.6% last month from December, the Labor Department said, while in the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982

Gold prices range-bound as investors brace for US inflation data

A robust inflation reading is expected to burnish gold's appeal as an inflation hedge, but interest rate hikes would raise the opportunity cost of holding non-yielding bullion

Gold steady as dollar slides in run-up to United States jobs data

If the jobs report out of the United States encourages the Fed's hawkish mood, it should lead to a significant breakdown in gold, DailyFX currency strategist Ilya Spivak said

Australia, New Zealand dollars on the ropes as RBA enters the ring

The Aussie was huddled at $0.7036, having shed 2.5% last week to the lowest since July 2020 at $0.6967

Dollar posts biggest weekly rise in 7 months on rate bets

Dollar steadily rose in a week highlighted by a more hawkish tone coming out of a Federal Reserve meeting

US dollar set for biggest weekly rise in seven months on rate bets

The dollar was in the limelight even as broader currency markets quietened somewhat after an eventful week in global markets punctuated by a hawkish Federal Reserve meeting

Australia, NZ dollars join bond rout as markets price for multiple hikes

The Aussie was stuck at $0.7094, having shed 0.5% overnight to test the recent two-month trough of $0.7090

Dollar edges up on Fed and Ukraine jitters, cryptocurrencies slip

Tensions in Ukraine have been increasing for months after the Kremlin massed troops near its borders, which the West says is preparation for a war to prevent Ukraine from joining NATO

Dollar steadies above two-month lows as US inflation test looms

Federal Reserve Chair Jerome Powell on Tuesday gave no clear indication that the Fed was in a rush to speed up plans for tightening monetary policy

Dollar finds its footing; Turkish lira holds its gains amid Covid scare

Turkey's lira steadied and held to its recent gains amid a rollercoaster ride for the currency this week