Page 73 - Us Dollar

Dollar edges higher as investors turn attention to key US jobs data report

The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22% to 105.93, after sliding 0.68% on Thursday, the largest fall since July 19.

Rupee gains 26 paise in afternoon trade to 79.20 against US dollar

The Indian rupee appreciated 26 paise during the afternoon trade at 79.20 against the US dollar by 12.37 pm on Friday, as against 79.46 close on the previous trading session

Rupee weakens 1% in two days as renewed talks of 'hawkish' Fed boost dollar

Record high trade deficit, technical factors add to woes

Gold gains more than 1% as US dollar, yields pull back; palladium gains 3%

(Reuters) - Gold prices jumped more than 1% on Thursday as a pullback in the dollar and U.S. Treasury yields provided support ahead of a key U.S. jobs report that could influence the Federal Reserve's policy stance.

Rupee drops 17 paise to close at 79.3 against dollar amid US-China tensions

The rupee depreciated 17 paise to close at 79.32 (provisional) against the US dollar on Thursday, weighed down by disappointing macroeconomic data and US-China tensions. At the interbank foreign exchange market, the local currency opened at 79.21 and finally ended at 79.32, down 17 paise over its previous close. On Wednesday, the rupee had slumped by 62 paise to close at 79.15, marking its worst single-day fall in the current fiscal year. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.27 per cent to 106.22. Brent crude futures, the global oil benchmark, advanced 0.69 per cent to USD 97.45 per barrel. According to Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services, volatility for the rupee will remain high following increasing tensions between China and Taiwan. Moreover, traders may also remain cautious ahead of the RBI's monetary policy decision on Friday. "We expect the USD-INR (spot) to trade sideways

Trading desks should prepare for much lower liquidity surpluses: B Prasanna

Expects rupee to trade in the range of 78-80 per US dollar in the near term because of still relatively weak BoP fundamentals

Gold expected to be contained by interest rates and strong dollar

(Reuters) - Gold will average $1,745 an ounce in 2023, slightly below current prices, as high interest rates and a strong dollar reduce its appeal, a Reuters poll showed on Wednesday.

Top headlines: IndiGo Q1 net loss narrows; rupee plummets 68 paise

Adani Power on Wednesday reported 16-fold jump in consolidated net profit at Rs 4,780 crore for the quarter ending June 30, 2022.

Rupee plummets 68 paise at 79.21 against USD as macro data disappoints

At the interbank foreign exchange market, the local currency opened lower at 78.70 and fell further to settle at the day's low of 79.21.

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.

Rupee depreciates 27 paise to 78.80 against US dollar in early trade

The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities

Gold rebounds as dollar retreat, Sino-US tensions offset higher bond yields

Gold prices rose on Wednesday as a pullback in the dollar and Sino-US tensions helped counter pressure from a rise in US Treasury yields after hawkish comments from Federal Reserve officials.

Dollar climbs with US yields after Fed doves say expect more rate hikes

The US dollar remained elevated on Wednesday following its biggest surge in three weeks against major peers overnight

Oil prices fall in early trade on demand worries, stronger US dollar

Oil prices fell about 1% in early trade on Wednesday, reversing gains from the previous session ahead of a meeting OPEC+ producers on fears of a slowdown in global growth

Rupee back to 78 levels vs dollar as FPIs return to Indian markets

The US dollar index, a measure of the currency against six major rival pairs, was at 105.67 around 6.15 pm IST on Tuesday. It had climbed to a 20-year high of 108.54 in late July

No collapse, rupee taking its natural course, says FM Nirmala Sitharaman

Sitharaman informed the Rajya Sabha that the RBI is continuously monitoring the local currency and intervening only if there is volatility.

Rupee jumps 53 paise to close at one-month high of 78.53 on FII inflows

Persistent foreign fund inflows into capital markets, softening crude oil prices and a weak US dollar in the global markets boosted the local currency.

Gold steadies as lower US treasury yields counter uptick in dollar

Spot gold was flat around $1,771.29 per ounce by 0843 GMT, after hitting its highest since July 5 at $1,780.39 earlier in the session.

Shapoorji Pallonji sells entire stake in Jammu-Udhampur highway to NIIF

Contract for the project, which connects with Mata Vaishno Devi shrine, allowed the firm to collect a semi-annual sum for 20 years

Asian stocks slide with oil on recession jitters; dollar drops against yen

Asia stocks continued a decline from Wall Street, and US long-term Treasury yields sank to a four-month low, pulling dollar down against the yen