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Page 2 - Dollar

Dollar hovers near nine-month low against euro as yen bounces

Elsewhere, the dollar fell 0.4% to 130.18 yen, breaking a two-day rally

Dollar hovers near nine-month low against euro as yen bounces
Updated On : 24 Jan 2023 | 4:42 PM IST

Rupee closes at 81.70 against dollar amid unabated foreign fund outflow

The rupee fell 28 paise to close as 81.70 (provisional) against the US dollar on Tuesday as unabated foreign fund outflow hit market sentiments. However, a weak dollar and fall in crude prices capped the losses in the local currency, forex traders said. At the interbank foreign exchange market, the rupee opened lower at 81.61 to a dollar against the previous close of 81.42. The local unit moved in a range of 81.43 to 81.76 during the day. On Monday, the rupee had declined by 25 paise to close at 81.42 against the US dollar. Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.01 per cent to 102.15 amid concerns over US economic growth. The Brent crude was trading 0.41 per cent lower at USD 87.83 per barrel. On the domestic equity market front, the 30-share BSE Sensex ended almost flat at 60,978.75, up 37.08 points or 0.06 per cent. The broader NSE Nifty inched up 0.25 points to 18,118.30. Foreign Institutional Inve

Rupee closes at 81.70 against dollar amid unabated foreign fund outflow
Updated On : 24 Jan 2023 | 4:32 PM IST

Gold prices ease as dollar ticks up, but set for fifth weekly rise

The dollar rose 0.3% against its rivals, making gold more expensive for holders of other currencies

Gold prices ease as dollar ticks up, but set for fifth weekly rise
Updated On : 20 Jan 2023 | 10:13 PM IST

Dollar hovers around seven-month lows as economic storm clouds gather

Data on Friday showed Japan's core consumer prices in December rose 4.0% from a year earlier, double the central bank's 2% target

Dollar hovers around seven-month lows as economic storm clouds gather
Updated On : 20 Jan 2023 | 5:37 PM IST

Gold prices reverse course to trade higher as US dollar loses ground

Despite the gains on Wednesday, prices have pulled back from their highest level since April 2022, reached on Monday

Gold prices reverse course to trade higher as US dollar loses ground
Updated On : 18 Jan 2023 | 8:33 PM IST

Rupee slides 0.5% as importers continue to lock in dollar purchases

FPI outflows, likely RBI dollar purchases weigh on domestic currency

Rupee slides 0.5% as importers continue to lock in dollar purchases
Updated On : 17 Jan 2023 | 10:56 PM IST

Yen perched near 7-mth high as investors wait for policy shift at BOJ

The dollar drifted above multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at the Bank of Japan

Yen perched near 7-mth high as investors wait for policy shift at BOJ
Updated On : 17 Jan 2023 | 12:32 PM IST

Dollar steadies after hitting 7-month low against major peers; yen in focus

The Fed's aggressive rate increases were a main driver of the dollar index's 8% surge last year

Dollar steadies after hitting 7-month low against major peers; yen in focus
Updated On : 16 Jan 2023 | 4:30 PM IST

Yen tests seven-month high ahead of BOJ policy decision; dollar wobbles

With the BOJ due to announce its monetary policy decision on Wednesday, expectations are for further tweaks to its yield control policy or a full abandonment of it

Yen tests seven-month high ahead of BOJ policy decision; dollar wobbles
Updated On : 16 Jan 2023 | 7:25 AM IST

Dollar wobbles as US inflation fuels hopes of slower Fed rate path

The dollar index, which measures the U.S. currency against six others, rose 0.059% to 102.220 but was languishing around its lowest level since June

Dollar wobbles as US inflation fuels hopes of slower Fed rate path
Updated On : 13 Jan 2023 | 9:42 AM IST

Dollar falls to nearly nine-month low vs euro after U.S. inflation data

The dollar hit $1.0845 against the euro, its weakest versus the common currency since April 25 following the CPI report

Dollar falls to nearly nine-month low vs euro after U.S. inflation data
Updated On : 12 Jan 2023 | 9:27 PM IST

Yen jumps, dollar near 7-month low against euro ahead of US inflation data

"You could start to see the normalisation of monetary policy which would be a huge step for Japan (and) a very positive tailwind for the yen," Turner added

Yen jumps, dollar near 7-month low against euro ahead of US inflation data
Updated On : 12 Jan 2023 | 4:14 PM IST

Dollar stands firm amid low bond yields, traders await consumer price data

The U.S. dollar was steady elsewhere, loitering just above a seven-month low on the euro at $1.0737 in the lead-up to U.S. inflation data due on Thursday

Dollar stands firm amid low bond yields, traders await consumer price data
Updated On : 11 Jan 2023 | 9:03 AM IST

Dollar holds near seven-month lows as traders await inflation data

But Fed Chair Jerome Powell avoided speaking about rate hikes in a speech in Sweden on Tuesday

Dollar holds near seven-month lows as traders await inflation data
Updated On : 10 Jan 2023 | 11:01 PM IST

Dollar slips near 7-month low after US jobs data; labour market still tight

Fed fund futures now show investors believe the most likely outcome for the Fed's February meeting is for a 25-basis point increase

Dollar slips near 7-month low after US jobs data; labour market still tight
Updated On : 09 Jan 2023 | 4:31 PM IST

Dollar dips after US jobs report, wage growth below expectations

The euro was little changed on the day at $1.0521, and the dollar was up 0.25% against the Japanese yen at 133.70

Dollar dips after US jobs report, wage growth below expectations
Updated On : 06 Jan 2023 | 9:17 PM IST

Dollar holds near an almost one-month high on resilient US jobs market

The index was on track for a weekly gain of more than 1.8%, its largest since September

Dollar holds near an almost one-month high on resilient US jobs market
Updated On : 06 Jan 2023 | 4:48 PM IST

Dollar jumps on strong US employment data; yen rebounds dramatically

The dollar was last up 0.65% against the euro at $1.0536, and up 0.91% against the Japanese yen at 133.81

Dollar jumps on strong US employment data; yen rebounds dramatically
Updated On : 05 Jan 2023 | 10:45 PM IST

Dollar roughly flat in choppy trading after Fed minutes offer few surprises

The dollar surged in 2022 as the Fed hiked interest rates aggressively, luring investors towards higher-yielding US assets

Dollar roughly flat in choppy trading after Fed minutes offer few surprises
Updated On : 05 Jan 2023 | 3:37 PM IST

Dollar falls as European inflation cools and China lifts the Aussie

A series of separate reports showed business-sector activity across the euro zone held up better than expected in December, despite intense pressure from soaring energy prices

Dollar falls as European inflation cools and China lifts the Aussie
Updated On : 04 Jan 2023 | 4:35 PM IST