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Page 19 - Dollar

Euro bounces back to parity with the dollar as investor sentiment improves

The euro briefly rebounded back above parity with the dollar on Thursday as the US currency's recent rally ran out of steam

Euro bounces back to parity with the dollar as investor sentiment improves
Updated On : 25 Aug 2022 | 7:40 PM IST

Gold hits one-week high as dollar dips; Jackson Hole symposium in focus

Rate hikes increase the opportunity cost of holding bullion, which pays no interest, while boosting the greenback

Gold hits one-week high as dollar dips; Jackson Hole symposium in focus
Updated On : 25 Aug 2022 | 2:38 PM IST

High commodity prices to keep rupee under pressure: BofA Securities

"India has continued to post wide trade deficits due to higher prices of oil and other commodities, which have eroded INR's basic balance buffer," the research house said.

High commodity prices to keep rupee under pressure: BofA Securities
Updated On : 24 Aug 2022 | 5:49 PM IST

Dollar, treasury yields slip as US data suggests less hawkish Fed

Gold snapped a six-session losing streak while Wall Street was little changed on hopes the Fed will turn dovish

Dollar, treasury yields slip as US data suggests less hawkish Fed
Updated On : 23 Aug 2022 | 9:39 PM IST

Weaker German, French economic data compound energy and euro woes

The S&P flash composite PMI, which tracks manufacturing and services, showed that a downturn in Germany, Europe's biggest economy, deepened in August due to high inflation and rising interest rates.

Weaker German, French economic data compound energy and euro woes
Updated On : 23 Aug 2022 | 4:46 PM IST

Gold, other precious metals slump as dollar hits fresh five-week high

Extending losses into a sixth session, spot gold was down 0.7% to $1,736.03 per ounce by 11:23 a.m. EDT (1523) GMT after hitting its lowest level since July 27 earlier in the session.

Gold, other precious metals slump as dollar hits fresh five-week high
Updated On : 22 Aug 2022 | 11:32 PM IST

Euro again below parity versus dollar; gas supply crisis weighs

China's yuan dropped to its lowest in nearly two years after the central bank cut key lending rates.

Euro again below parity versus dollar; gas supply crisis weighs
Updated On : 22 Aug 2022 | 5:33 PM IST

Global shares slide, dollar dominates as interest rate hike fears mount

U.S. Federal Reserve Chair Jerome Powell headlines a host of policy makers at Jackson Hole later in the week and the risks are that he will not meet investor hopes for a dovish pivot on policy.

Global shares slide, dollar dominates as interest rate hike fears mount
Updated On : 22 Aug 2022 | 4:20 PM IST

Dollar strength sets gold on its longest losing streak since November

Spot gold dropped 0.6% to $1,748.58 per ounce by 1:47 p.m. ET (1747 GMT), having hit its lowest since July 28 earlier in the session. U.S. gold futures settled down 0.5% at $1,762.9.

Dollar strength sets gold on its longest losing streak since November
Updated On : 21 Aug 2022 | 4:11 PM IST

Dollar holds gains as minutes suggest Fed set for lengthy inflation fight

The dollar touched a three-week high on Thursday after minutes from the Federal Reserve's July meeting pointed to U.S. interest rates staying higher for longer to bring down inflation.

Dollar holds gains as minutes suggest Fed set for lengthy inflation fight
Updated On : 18 Aug 2022 | 6:22 PM IST

Precious metals fall as dollar firms, gold hits its lowest since Aug 8

Spot gold slid 1.3% to $1,778.35 per ounce by 11:16 ET, having hit its lowest since Aug. 8 earlier in the session. U.S. gold futures dropped 1.2% to $1,794.20.

Precious metals fall as dollar firms, gold hits its lowest since Aug 8
Updated On : 15 Aug 2022 | 9:16 PM IST

Dollar tumbles after cooler-than-expected US July inflation data

Economists polled by Reuters had forecast a 0.2% rise on the heels of a roughly 20% drop in the cost of gasoline

Dollar tumbles after cooler-than-expected US July inflation data
Updated On : 10 Aug 2022 | 8:45 PM IST

Global stocks slip as caution reigns ahead of US inflation data tomorrow

Stakes are high for July US consumer prices report on Wednesday after an unexpectedly strong US jobs data last week boosted expectations of a sharp interest rate increase to tackle soaring inflation

Global stocks slip as caution reigns ahead of US inflation data tomorrow
Updated On : 09 Aug 2022 | 6:41 PM IST

US dollar dips as investors parse Fed Reserve's hints on rate hikes

LONDON (Reuters) - The U.S. dollar edged lower on Wednesday but held on to most of the previous day's gains, after leaping on Federal Reserve officials' hints at aggressive rate hikes and drawing support amid a U.S.-China flare-up over Taiwan.

US dollar dips as investors parse Fed Reserve's hints on rate hikes
Updated On : 03 Aug 2022 | 4:16 PM IST

Tackle higher cost of foreign education with diligent planning: Experts

When deciding on a college and country, estimate the entire cost and not just the tuition fee and accommodation

Tackle higher cost of foreign education with diligent planning: Experts
Updated On : 31 Jul 2022 | 11:12 PM IST

Utilise price corrections to buy gold; this safe haven's here to stay

If the Fed turns less aggressive, the yellow metal could stage a comeback

Utilise price corrections to buy gold; this safe haven's here to stay
Updated On : 28 Jul 2022 | 9:36 PM IST

Dollar pares gains as US economic growth contracts for second quarter

The second straight quarterly decline in GDP meets the standard definition of a recession. It comes as the Fed aggressively hikes rates in an attempt to choke off soaring inflation.

Dollar pares gains as US economic growth contracts for second quarter
Updated On : 28 Jul 2022 | 8:30 PM IST

Global shares take breather after Fed rally, dollar retreats on yen

The U.S. Federal Reserve had surprised no one by lifting rates 75 basis points (bps) to 2.25%-2.50% on Wednesday, but did alter its statement to cite some softening in recent data.

Global shares take breather after Fed rally, dollar retreats on yen
Updated On : 28 Jul 2022 | 3:57 PM IST

Euro fragile following a cut in Russian gas supply and a looming Fed hike

Euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply sent energy prices soaring, while the dollar held ground ahead of an expected Fed hike.

Euro fragile following a cut in Russian gas supply and a looming Fed hike
Updated On : 27 Jul 2022 | 12:14 PM IST

After falling to record lows, rupee regains footing against US dollar

RBI's interventions and a less hawkish view on US Federal Reserve among factors that help currency

After falling to record lows, rupee regains footing against US dollar
Updated On : 26 Jul 2022 | 10:35 PM IST