Page 22 - Us Dollar

Dollar jumps to 20-year high as data supports aggressive Fed hike

The report also showed that layoffs dropped in August, despite hefty interest rate increases from the Fed to quell inflation, which have raised the risk of a recession

Rupee avoids sell-off against a rampant USD, closes flat on oil price drop

The partially convertible rupee eased 0.1% to 79.5550 per U.S. dollar, having firmed up to a more than two-week high of 79.31 during the session

Gold prices slip to six-week low on robust dollar, rate-hike view

Euro zone inflation rose to a record high last month, solidifying the case for further aggressive rate hikes by the European Central Bank.

Rupee outperforms most EM peers as dollar surges to a 20-year high

During the month gone by, the rupee depreciated a mere 0.2% against the greenback even as the dollar index has gained a massive 3%

ECB rate hike bets hoist euro; hawkish Fed comments bolster US dollar

Another month of manufacturing contraction is expected for August, with a reading of 49.2 forecast, marginally higher than the 49.0 reading in July

Gold lingers near 1-month low as possibility of more Fed rate hikes weigh

Data also showed a bigger-than-expected rebound in U.S. consumer confidence in August

Rupee surges to end at 79.46 vs dollar as MSCI rebalancing spurs inflows

Bond yields fall as HDFC's Rs 10,000 crore debt sale plan propels custodian flows

Brent crude stable as market juggles inflation woes with supply fears

Brent crude futures for October settlement fell 9 cents to $105 a barrel by 0841 GMT, after climbing 4.1% on Monday, the biggest increase in more than a month

Gold prices ease on rate-hike pressure, softer dollar checks losses

Spot gold had fallen 0.2% to $1,734.69 per ounce by 0857 GMT after hitting a one-month low of $1,719.56 in the previous session

Rupee appreciates 7 paise to 79.84 against US dollar in early trade

The rupee appreciated 7 paise to 79.84 against the US dollar in early trade on Tuesday in line with a positive trend in domestic equities. However, higher oil prices and month-end dollar demand could restrict the gains for the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 79.92 against the American dollar and touched 79.84 in initial deals, registering a gain of 7 paise over the last close. On Monday, the rupee closed at 79.91 against the US dollar. The rupee opened on a flat note after Monday's volatile session in which RBI had intervened to support the currency amid a fall in equities and a rise in the dollar index, according to experts. Asian currencies are generally down as the market digests US Federal Reserve chief Jerome Powells' hawkish tone on interest rates on Friday. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.06 per cent to 108.76. Global oil benchmark Brent crude futures

Dollar touches 20-year high, but kept in check by euro, as rates in focus

The dollar index, which measures the currency's value against a basket of peers, scaled a fresh two-decade peak of 109.48 before retreating

RBI support pulls rupee up from fresh lows, helps currency recoup losses

Central bank may have sold dollars heavily around the 80.05 mark to shield domestic unit

Gold prices recover from one-month low as dollar index down 0.2%

Spot gold rose 0.3% to $1,742.83 per ounce by 10:09 a.m. ET (1409 GMT). Prices touched their lowest since July 27 at $1,719.56 earlier in the session

Crude oil prices edge higher on prospect of supply cut by OPEC-plus

Oil edged higher on Monday to extend last week's gains as potential OPEC+ output cuts and conflict in Libya helped to offset a strong US dollar and a dire outlook for US growth

Rupee recovers some losses, falls 10 paise to close at 79.94 against dollar

After hitting all-time low, the rupee recovered some of its losses to settle 10 paise down at 79.94 (provisional) against the US dollar on Monday, tracking the strength of the American currency and firm crude oil prices. At the interbank foreign exchange market, the local currency opened at 80.10 and fell to its all-time low of 80.15 against the US dollar in intra-day trade. The local unit finally settled at 79.94 a dollar, down 10 paise over its previous close of 79.84. On July 20, the rupee for the first time closed below the 80-mark at 80.05 against the American currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.28 per cent higher at 109.10, after Federal Reserve Chair Jerome Powell adopted a hawkish tone to battle inflation. According to Anuj Choudhary - Research Analyst at Sharekhan by BNP Paribas, the rupee depreciated and touched an all-time low on a strong dollar and deteriorating global risk ...

The good, bad and ugly of rupee hitting new low against US dollar

Rupee, dragged down by storm of international pressures and geopolitical headwinds, is a wake-up call to regulators and policymakers to strengthen the currency

India bond yields end higher as US Fed's hawkish stance unnerves investors

Indian government bond yields ended higher on Monday, tracking US Treasury yields, as the Fed emphasised it would keep raising rates to rein in inflation

Gold drops 0.8% as US dollar shines on Powell's rate hike warning

Gold prices took a beating as US Federal Reserve Chair acknowledged that a quick undo of central bank's rate tightening was far from over, which boosted the dollar and sent bullion to a one-month low

World stocks and bonds slump; US dollar hot as rate fever takes hold

World stocks slumped as the growing risk of more aggressive interest rate hikes in the US and Europe inflicted fresh pain on bond markets and pushed the dollar to new 20-year highs

Rupee hits new low of 80.14 per $ as Fed's Powell talks tough on inflation

RBI interventions to determine rupee's course amid surging dollar