Page 80 - Us Dollar

Dollar falters as Treasury yields retreat amid recession risks, rate hike

Treasury 10-year yields slid more than 1 basis point in Tokyo, trading to around 3.17% as Asian equities followed Wall Street lower

Euro holds below $1.06 as ECB's Lagarde sticks to policy outlook script

Oil prices are up 10% in barely a week on supply constraint concerns with Brent crude holding near $117 levels pushing Canadian and Australian dollar up 0.3% and 0.4% respectively versus the greenback

Dollar treads water as stock markets reassess rate hike bets; ECB eyed

US Federal rate hikes are being counted on while share market investors are hedging their bets, leading to a Dollar drop

Rupee ends almost flat at 78.34 against US dollar despite equity rally

The rupee slipped 1 paisa to close at its fresh life-time low of 78.34 (provisional) against US dollar on Monday despite a rally in the domestic equity markets. Firm crude oil prices in the international market and unabated foreign capital outflows put pressure on the domestic unit. However, a weak dollar overseas supported the local currency, forex dealers said. At the interbank forex market, the local unit opened sharply higher at 78.24 against the greenback, but paired all of its initial gains to settle at 78.34. It witnessed an intra-day high of 78.24 and a low of 78.36. In the previous session, the rupee had settled at 78.33 against the greenback. On the domestic equity market front, the BSE Sensex ended 433.30 points or 0.82 per cent higher at 53,161.28, while the broader NSE Nifty rose 132.80 points or 0.85 per cent to 15,832.05. The dollar index, which measures the greenback's strength against a basket of six currencies, slipped 0.21 per cent to 103.97. Brent crude futur

US dollar, Japanese Yen find support as investors put safety first

The dollar and Japanese yen both found support in a choppy Asia session on Monday, benefiting from a bid for safety as investors worried rising interest rates and softening economic data

Rupee slips by 1 paisa, settles at all-time low of 78.33 against US dollar

During the day, the local unit witnessed an intra-day high of 78.19 and a low of 78.35 against the American currency.

US dollar headed for first weekly decline in June as traders dial down bets

Dollar lost some of its shine since investors started betting the Fed could slow the rate-tightening pace following another 75 basis-point increase in July, and may start easing policy after Mar 2023

Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Central bankers are vying to boost domestic buying power at the expense of exporters

Rupee settles at record low of 78.32 against dollar on forex outflows

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.41% to 104.62

RBI may have boosted forwards intervention to slow rupee fall, save reserve

The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April

Rupee hits fresh all-time low vs dollar as US rate hike worries deepen

Ends at 78.39/$1 as against 78.08 on Tuesday. Wednesday's closing level also marks new record intraday low for the rupee versus greenback

World stocks, oil fall as recession fears mount; yen hits 24-yr low on USD

Enthusiasm that had given Wall Street its best day in a month on Tuesday was suddenly gone as Europe suffered a 1.5% morning drop and Brent crude prices plunged 4%.

Rupee falls 4 paise against US dollar in early trade tracking muted markets

The rupee depreciated 4 paise to 78.17 against the US dollar in opening trade on Wednesday, tracking a muted trend in the domestic equity market and a firm American dollar

Rupee ends at record low as rebound in crude deepens CAD, inflation worries

Settles at 78.0825 to the dollar as against 77.9800 at 3:30 p.m. on Monday. The previous record closing low for the domestic currency was 78.0700 on June 17

Rupee inches 6 paise lower in early trade at 78.04 against US dollar

The rupee inched lower by 6 paise to 78.04 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and strong dollar demand globally weighed on investor sentiments

Rupee gains 7 paise to close at 77.98 to the dollar as oil price falls

The rupee appreciated by 7 paise to settle at 77.98 (provisional) against the US dollar on Monday as crude oil prices retreated from elevated levels. However, unabated foreign fund outflows restricted the appreciation bias in the rupee, forex dealers said. At the interbank forex market, the local unit opened strong at 77.98 against the greenback and witnessed an intra-day high of 77.87 and a low of 78.03. It finally settled at 77.98, a rise of 7 paise over its previous close of 78.05. "Rupee consolidated in a broad range despite volatility in domestic and global equities. Fed projection showed economic growth slowing to a below-trend rate of 1.7 per cent," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. On the domestic equity market front, the BSE Sensex ended 237.42 points or 0.46 per cent higher at 51,597.84, while the broader NSE Nifty advanced 56.65 points or 0.37 per cent to 15,350.15. The dollar index, which measures the greenback's strength

Reserve Bank of India turns net buyer of dollars in April, shows data

According to the latest data, the RBI purchased $1.96 billion in April

Gold steadies in choppy trade as US dollar dip counters rate hikes

Gold prices have turned stable as the Dollar has fallen countring the US Federal Reserve's rate hikes.

Rupee at 80, 10-year IGB at 8%: The five bearish forecasts from UBS

The brokerage sees the yield on the 10-year India government bond (IGB) topping the 8 per cent mark before the end of the fiscal.

Rupee recovers from record low, rises 12 paise to 78.10 per US dollar

The rupee on Thursday recovered from its record low to close 12 paise higher at 78.10 against the American currency, tracking the overnight weakness of the dollar and falling crude oil prices.