Page 28 - Dollar

Dollar races higher as markets brace for larger, faster rate hikes

A day after Fed flagged that it was ready to start lifting rates in March to contain inflation, money markets moved to price in as many as five quarter-point increases by year-end

Rupee falls 41 paise to 75.19 against US dollar in early trade

Forex traders said muted domestic equities, sustained foreign fund outflows and firm crude oil prices also weighed on the local unit

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

Rupee falls by 19 paise to 74.62 against US dollar on high crude prices

The rupee on Monday slumped by 19 paise to 74.62 against the US dollar at close due to high crude oil prices, forex outflows and heavy losses in domestic equities amid growing geo-political worries.

Dollar slides toward worst week in more than a year as longs lose faith

The dollar has dropped 1.53% against the yen over the week, its worst showing since June 2020, and pushed as low as 113.64 for the first time since Dec. 21.

Dollar rides high on rate hike bets ahead of payrolls report

But firming expectations that the Fed could raise rates as soon as March and several times this year is pushing up U.S. yields and the currency.

PE inflows spurt 15% in 2021 to record $40 billion, says report

According to the data collated by Refinitiv, an LSEG business, while the value of inflows rose 15.2 per cent from USD 34.8 billion in 2020 to USD 40.1 billion in 2021

Dollar jumps to five-year high versus yen; rupee slides 30 paise

The dollar index rose 0.009 per cent, with the euro up 0.03 per cent to $1.1297

Dollar ticks up against rivals in trading even as Omicron cases surge

The dollar rose against major rival currencies in holiday-thinned trading, as investors remained cautiously optimistic about economic consequences of a surge in cases of Omicron coronavirus variant.

Sri Lanka to shut three foreign missions as dollar crisis worsens

Sri Lanka's tourism-dependent economy was severely hit by the pandemic and the government in March last year imposed a broad import ban to shore up forex reserves

World shares rise, dollar set for worst week since Sep as Omicron fears ebb

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, and Japan's Nikkei inched 0.1% higher, after the S&P 500 had finished at a record closing high

Dollar rises after US Federal Reserve policy statement

The dollar index was up 0.2% for the day to 96.737 shortly after the announcement

International funds can provide protection against rupee depreciation

When remitting money abroad, go with the player that offers the most attractive exchange rate

Indian Rupee declines by 10 paise to 75.88 against US dollar

In the previous session, the rupee had settled at 75.78 against the greenback

Dollar near one-week high, hawkish Fed overshadows central bank peers

Data later in day on US factory gate inflation may cement expectations Fed will announce an accelerated tapering of stimulus, allowing it to wrap up bond-buying around March, proceed with rate hikes

Dollar jumps on hawkish US Fed, strong consumer spending data

The dollar index gained 0.37% on the day to 96.853. The euro fell 0.44% to $1.1199

Dollar takes a break, hovers below its 16-month peak in early trade

The dollar hovered below a 16-month peak in early Asian trade

Dollar at 16-month high after US retail sales higher than expected

The dollar rose to a 16-month high on Tuesday after data showed US consumers looked past rising prices and drove retail sales higher than expected last month

Dollar wavering with inflation looming as next test for rates

The data due on Wednesday is expected to show U.S. consumer prices galloped and Chinese factory gate prices soared in October

Dollar dips as traders focus on rate hike prospects elsewhere

The dip in the greenback pulled the dollar index to a one-month low in Asian hours