Page 68 - Us Dollar

Futures tumble as US consumer price growth unexpectedly rises in August

Excluding the volatile food and energy components, core CPI increased to 6.3% from 5.9% in July, putting further pressure on the Fed to continue on its rate-hiking spree

Top headlines: Rupee at 5-week high; Infosys says no to moonlighting

As many as 34 new drugs were added and 26 dropped from an updated list of essential medicines that will lead to prices being fixed, said the government on Tuesday.

Rupee climbs to 5-week high on dollar inflows, breaches key level

The rupee closed at 79.1475 per US dollar, compared with the previous close of 79.5225, notching up its best session this month

Dollar eyes longest losing streak in a year ahead of US inflation data

Nevertheless, an upside surprise to inflation will easily cement market expectations of another outsized 75 basis points rate hike

Rupee appreciates 28 paise to 79.25 against US dollar in early trade

The rupee appreciated 28 paise to 79.25 against the US dollar in opening trade on Tuesday, tracking the dollar's decline versus its major peers and foreign fund inflows. At the interbank foreign exchange, the domestic unit opened at 79.30 against the dollar, then touched 79.25 in initial deals, registering a gain of 28 paise over its previous close. On Monday, the rupee rose 4 paise to close at 79.53 against the American currency. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.12 per cent to 108.20. Brent crude futures, the global oil benchmark, fell 0.21 per cent to USD 93.80 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 292.69 points or 0.49 per cent up at 60,407.82. Similarly, the broader NSE Nifty rose 93.25 points or 0.52 per cent to 18,029.60. Foreign Institutional Investors (FIIs) were net buyers in the capital markets, as they purchased shares worth Rs 2,049.65 crore on Monday, according

Rupee ends 6 paise up against dollar at 79.52 ahead of inflation data

Brent crude oil prices were at $93.78 a barrel by the closing of Indian market hours

Drop in India's forex reserves worrisome as inflows slow down: Economists

India's forex reserves declined to $553.1 bn in the week ended Sept. 2, their lowest since Oct. 2020 and down by $8 bn from the previous week, RBI data showed on Friday

Euro jumps to 3-week peak on hawkish ECB signals, weakening dollar

In addition, ECB policymakers see growing risks they will have to raise their key interest rate to 2% or more to curb record inflation in the euro zone

Gold price ticks up as dollar slips, US inflation data in investors' focus

While gold is traditionally considered an inflation hedge, rate hikes translate into a higher opportunity cost for holding bullion, which pays no interest

Indices see best weekly gains in over a month; IT, pvt bank stocks lead

Both indices ended the day off their intraday highs, with the Sensex finishing at 59,793, up 105 points or 0.18 per cent, while the Nifty50 at 17,833, up 35 points or 0.2 per cent

JPMorgan puts sell sign on emerging market govt debt amid rate hike

Analysts at JPMorgan put an 'underweight', or sell sign, on international emerging market sovereign debt on Friday due to the global economic slowdown and ongoing rise in interest rates and dollar

Gold hits more than one-week high as dollar slips boosting its demand

Spot gold was up 0.7% at $1,719.89 per ounce by 1230 GMT after rising to its highest since Aug. 30 at $1,729.29 earlier in the session

Euro leaps parity on ECB to 3-week high, US stock futures eye higher open

The euro rose back above parity to a three-week high against the dollar on Friday following a large rate hike and hawkish comments from the European Central Bank

Dollar set for weekly loss as traders eye more ECB hikes, US inflation data

Profit-taking after a sharp extension of the dollar's long rally also took hold and the pullback was broad

US dollar rises vs yen as Federal Reserve reinforces hawkish stance

For the last several months, dollar-yen has been the currency pair most sensitive to U.S. rate expectations

Top headlines: Vehicle sales up 8% in Aug; Fitch affirms rating for 4 NBFCs

Two-wheeler sales were up 8.5 per cent and three-wheeler by 8.3 per cent in August. Passenger and commercial vehicle sales increased 6.5 per cent and 24 per cent

Rupee rises 23 paise to close at 79.72 vs dollar amid easing crude prices

The rupee appreciated 23 paise to close at 79.72 (provisional) against the US dollar on Thursday amid easing crude oil prices and a firm trend in domestic equities. At the interbank forex market, the local unit opened at 79.72 against the greenback. It witnessed an intra-day high of 79.65 and a low of 79.83 during the session. It finally ended at 79.72, up 23 paise from its previous close of 79.72. The dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.11 per cent to 109.72. Brent crude futures, the global oil benchmark, fell 0.60 per cent to USD 87.47 per barrel. On the domestic equity market front, the BSE Sensex ended 659.31 points or 1.12 per cent higher at 59,688.22, while the broader NSE Nifty gained 174.35 points or 0.99 per cent to 17,798.75. Foreign institutional investors (FIIs) remained net buyers in the capital markets as they purchased shares worth Rs 758.37 crore on Wednesday, according to provisional data.

Resilient US dollar soars to 24-year high vs yen, 37-year peak vs sterling

A Northern California sheriff's deputy has turned himself in to law enforcement after he was accused in the fatal slaying of a husband and wife in their home early on Wednesday, authorities said.

Pound falls to weakest level since 1985 against dollar amid dire UK economy

The last time the sterling-dollar exchange rate was this low the world's richest nations signed the Plaza Accord, an agreement to weaken the US currency

Dollar hits 24-year peak against yen on bets for aggressive Fed tightening

The dollar hit a 24-year peak against the yen and reached new highs versus the Australian and New Zealand dollars on Wednesday after U.S. economic data reinforced the view on Fed policy tightening