Page 3 - Dollar Rise

Gold sector finds reprieve after selloff as US dollar rally cools

(Reuters) - Gold rose on Thursday as the dollar pulled back slightly and some investors scooped up bargains after two sessions of heavy losses that plunged prices below the crucial $1,800 level.

Rupee consolidates against dollar after sharp depreciation this week

Dealers say magnitude of RBI interventions slowed down over past couple of days

Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices

The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading.

Rupee plunges to all-time low against dollar as US Treasury yields spike

The rupee declined by 17 paise to close at its all-time low of 77.71 against the US currency on Tuesday as surging US bond yields dampened the appeal of riskier assets.

Dollar steady near one-month low as Fed minutes contain few surprises

LONDON (Reuters) - The U.S. dollar was little changed on Thursday, hovering above a one-month low, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.

Global stocks edge up before Fed minutes, dollar off one-month low

LONDON (Reuters) - Stock markets and the dollar moved cautiously higher on Wednesday before the latest Federal Reserve meeting minutes, while New Zealand's dollar soared as its central bank joined those now aggressively jacking up interest rates.

Gold set to snap 5-session winning run by stronger dollar ahead of Fed mins

(Reuters) - Gold prices fell on Wednesday as the dollar firmed in the run-up to minutes from the U.S. Federal Reserve's May policy meeting, which could provide cues on its policy tightening path.

Global stocks rebound as unease over economy continues; dollar gains

NEW YORK (Reuters) - Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession.

Gold's lustre dulls as dollar rates rebound, rate hike fears loom

By Ashitha Shivaprasad

Rupee falls 16 paise to record low of 77.60 against the US Dollar

The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign fund outflows and a stronger greenback in overseas markets. At the interbank foreign exchange market, the rupee opened lower at 77.57 and later hit the day's low of 77.61 as the dollar rebounded in global markets following hawkish comments from US Federal Reserve chief Jerome Powell. Crude oil prices also surged over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44. "The dollar index took support near 103.50 and the capital market witnessed profit booking from higher levels, sending rupee into weakness," said Jateen Trivedi, VP Research Analyst at LKP Securities. The US Fed chief asserted that the central bank would increase interest rates as high as needed to contain a spike in inflation which threatens the foundation of the economy. The dol

Gold prices near 14-week lows as dollar rises, Fed chief hardens stance

(Reuters) - Gold prices on Wednesday steadied near their lowest levels since late January pressured by a recovering dollar and an aggressive inflation stance from the U.S. Federal Reserve chief.

US dollar rebounds after Fed chair Powell reaffirms hawkish outlook

LONDON (Reuters) - The U.S. dollar bounced back on Wednesday, a day after its biggest daily loss in more than two months, as U.S. Federal Reserve chief Jerome Powell struck a more hawkish tone as the central bank battles to rein in surging inflation.

Dollar rally pauses after strong run, rivals seek tentative recovery

LONDON (Reuters) - The dollar eased for a third straight day on Tuesday as investors cautiously trimmed bets on a rally which sent the greenback to a two-decade high last week.

Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

World stocks in a tailspin, dollar soars as hard landing fears grow

LONDON (Reuters) - Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears grew that fast-rising inflation will drive a sharp rise in interest rates that brings the global economy to a standstill.

Dollar hits two-decade high, rattled investors plump for safe haven

LONDON (Reuters) - The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into the safe-haven currency.

Rupee falls by 23 paise to 76.65 against US dollar in early trade

The rupee declined 23 paise to 76.65 against the US dollar in the opening trade on Monday tracking the strength of the dollar in the overseas market. At the interbank foreign exchange, the rupee opened on a muted note at 76.58 against the American dollar, then fell and touched an early low of 76.65 in initial deals, registering a fall of 23 paise over its previous close. On Friday, The rupee declined by 25 paise to close at 76.42 against the US currency. The rupee opened weaker against the US dollar weighed by hawkish comments from Federal Reserve Chair Jerome Powell last week, said Sriram Iyer, Senior Research Analyst at Reliance Securities. Most Asian and emerging market peers are trading weaker this Monday morning and could weigh on sentiments. Meanwhile, global oil benchmark Brent crude futures fell 2.85 per cent to USD 103.61 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02 per cent to 101.23. On the domestic

US dollar continues to garner support from Fed hike expectations

The US rate futures market has priced in 96% chance of a 50 basis-point hike at next month's Fed policy meeting, and about 215 basis points in cumulative rate increases

US dollar inches up to new two-year peak, set for best week in four

The dollar index rose as high as 99.904 in early Asia trade, its best level since May 2020.

Dollar edges up after Putin's comment about progress in Ukraine talks

Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been 'certain positive shifts' in negotiations with Ukraine