Page 11 - Dollar

Dollar up, euro down as ECB's Lagarde keeps July policy options open

The ECB is widely expected to follow its global peers by raising interest rates in July to try to check soaring inflation though economists are divided on the magnitude of any rate hike.

Rupee drops 48 paise to close at new low of 78.85 against US dollar

Persistent foreign capital outflows and a surge in crude oil prices led to the slump

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

Gold prices steady as investors await fresh impetus; dollar steady

Spot gold held its ground at $1,824.51 per ounce, as of 0246 GMT. U.S. gold futures were flat at $1,824.50

RBI acts in forwards market to protect forex reserves, pulls down premiums

This move by the central bank results in premiums crashing

India's forex reserves drop $5.9 bn in a week as RBI sells dollars

In two weeks, the country's foreign exchange reserves have dropped over $10 billion as the central bank stepped up intervention in the foreign exchange market

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

Gold prices firm in narrow range as weaker dollar buoys bullion demand

Spot gold firmed 0.1% to $1,841.59 per ounce by 0717 GMT, after falling as much as 0.3% earlier in the session.

Euro rises despite French elections outcome as dollar retreats

Analysts and traders shrugged off the election results, with the euro rising 0.2% against the dollar to $1.05155

Gold eases on firmer dollar as investors digest rate hike by US Fed

Spot gold fell 0.3% to $1,827.60 per ounce by 0546 GMT. U.S. gold futures rose 0.6% to $1,830.60.

Rupee closes at new all-time low ahead of Fed's interest rate decision

On Monday, the rupee had breached the 78/$ mark and hit a record low of 78.28/$ intraday.

Gold eases as dollar resumes rally in run up to Fed rate hike decision

Spot gold fell 0.4% to $1,811.80 per ounce by 12:33 p.m. EDT (1633 GMT), while U.S. gold futures slipped 1% to $1,813.40.

Gold ticks up as dollar rally pauses, Fed rate hike bets curb gains

Spot gold rose 0.3% to $1,823.49 per ounce by 0932 GMT, after falling to its lowest since May 19 at $1,810.90 earlier in the session.

Rupee closes at all-time low of 77.74 against USD amid elevated oil prices

The yield on the three-year government bond declined 9 bps, while the five-year bond yield dropped 7 bps

Gold firms below recent highs as rate-hike by world central banks weigh

Spot gold was up 0.1% at $1,851.98 per ounce, as of 0752 GMT, while US gold futures rose 0.2% to $1,854.60.

Global stocks, dollar firm ahead of rate meetings, crude hits $120

The European Central Bank meets on Thursday, though it is not expected to begin raising interest rates until July, with rate setters at the US Federal Reserve and Bank of England gathering next week

Rupee appreciates 4 paise to 77.62 against dollar in early trade

The rupee appreciated 4 paise to 77.62 against the US dollar in opening trade on Monday, supported by a weak American currency in the overseas markets.

Gold rises over 1% buoyed by dollar slide, weak US private payroll data

"(The job data) is really raising the recession concerns that have been brewing in the market and supporting gold," said Ryan McKay, commodity strategist at TD Securities

Currency turmoil risks undermining India's debut sovereign green bond

The currency has slumped more than 45 this year amid concern the RBI is behind the curve in tackling inflation, with elevated crude oil prices adding to pressures on the net

Gold, silver prices slip to two-week low as US yields, dollar rise

A stronger dollar makes bullion more expensive for buyers holding other currencies, while gains in benchmark US 10-year Treasury yields reduce the appeal of zero-yield gold.