Page 20 - Dollar

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.

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.

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.

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 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.

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.

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

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

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.

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

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

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.

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.

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.

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

Fed rate-path uncertainty, European gas crunch dominate currency markets

The U.S. Federal Reserve starts a two-day meeting later in the day and is expected to deliver a 75 basis-point interest rate rise.

Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq

The S&P 500 was up 5.49 points, or 0.14%, at 3,967.12, while the Nasdaq Composite was down 26.93 points, or 0.23%, at 11,807.19

As rupee continues to slide, RBI may be back to spot intervention

Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion since the end of May to $573 billion, according to its data

Rupee strengthened against all major currencies other than dollar: CEA

He added that unlike earlier crises, the depreciation of the rupee against the US dollar was lower than other major global currencies such as the Swiss Franc, the Euro, the British pound and the Yen

Rupee closes shy of 80/$ as RBI shields currency, exporters sell dollars

The rupee settled at 79.99 per dollar on Wednesday - a fresh closing low for the Indian unit versus the greenback