Page 39 - Us Dollar
Dovish Bank of Japan sends yen to 20-year low, pressure on euro grows
The dollar rose past the psychological level of 130 yen on Thursday for the first time since 2002, after the Bank of Japan (BOJ) doubled-down on its super-low yield policy
 "Dovish Bank of Japan sends yen to 20-year low, pressure on euro grows")
Gold prices fall to 2-month low on lofty dollar, imminent US rate hike
The dollar index had reached a five-year top of 103.28, and a further push above 103.82 would see it to levels not visited since late-2002
 "Gold prices fall to 2-month low on lofty dollar, imminent US rate hike")
Why dollar will remain dominant
Although the US dollar's share in global reserves has declined over the years, and attempts are being made to popularise other currencies, there has been no real threat to its dominance.
 "Why dollar will remain dominant")
Euro falls below $1.06 for first time in five years amid growth slowdown
The euro slipped to a five-year low of $1.05860 after Russia's Gazprom said it would cut gas supply to Poland and Bulgaria, as the crisis in Ukraine deepened
 "Euro falls below $1.06 for first time in five years amid growth slowdown")
Rupee slumps 16 paise to 76.72 against US dollar in early trade
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent higher at 102.34
 "Rupee slumps 16 paise to 76.72 against US dollar in early trade")
Rupee recovers to 76.60 against US dollar as crude falls, stocks rally
At the interbank forex market, the rupee opened at 76.48 against the greenback and moved in a range of 76.43 to 76.69 in the day trade
Gold regains some ground as US treasury yields, dollar edge lower
The dollar eased from a two-year high scaled in the previous session, making greenback-priced gold cheaper
 "Gold regains some ground as US treasury yields, dollar edge lower")
Dollar ascends amid China's Covid-19 fears, Fed rate hike pace meanwhile
The price of the US Dollar has ascended amid China's fear on another impending wave of Covid-19 in the country. Meanwhile Fed rates have also peaked up.
 "Dollar ascends amid China's Covid-19 fears, Fed rate hike pace meanwhile")
Euro drops after ECB's mixed comments; dollar hits fresh 25-month high
ECB President Christine Lagarde struck a dovish tone by saying the central bank might need to cut its growth outlook
Rupee slumps 32 paise to close at 76.49 against dollar on equities sell-off
Persistent foreign capital outflows also dented investor sentiment, forex traders said
As equities rally, Rupee gains 15 paise to end at 76.15 against US dollar
The rupee appreciated by 15 paise to close at 76.15 (provisional) against the US dollar on Thursday amid a weak greenback overseas and a rally in domestic equities. However, surging crude prices and persistent foreign fund outflows capped the gains, forex traders said. At the interbank forex market, the rupee opened slightly higher at 76.28 against the greenback and moved in a range of 76.36 to 76.09. It finally settled at 76.15, higher by 15 paise over its previous close of 76.30. On the domestic equity market front, the BSE Sensex ended 874.18 points or 1.53 per cent higher at 57,911.68, while the broader NSE Nifty jumped 256.05 points or 1.49 per cent to 17,392.60. Brent crude futures, the global oil benchmark, rose 1.02 per cent to USD 107.89 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.43 per cent to 99.98. Foreign institutional investors were net sellers in the capital market on Wednesday as they offloade
 "As equities rally, Rupee gains 15 paise to end at 76.15 against US dollar")
Indian rupee almost flat against US dollar at 76.31 in early trade
Unabated foreign fund outflows and fluctuations in international crude prices weighed on investor sentiments, forex traders said
 "Indian rupee almost flat against US dollar at 76.31 in early trade")
Rupee surges 19 paise to 76.31 against US dollar in early trade
The rupee appreciated 19 paise to 76.31 against the US dollar in opening trade on Wednesday, tracking positive trends among Asian and emerging market currencies
US dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference
"The BOJ has done the opposite of normalization. They have dug their heels in," said Richard Benson, co-chief investment officer at Millennium Global Investments in London
Gold prices retreat over 1% as dollar and Treasury yields advance
Spot gold fell 1.3% to $1,953.19 per ounce by 02:30 p.m. ET (1830 GMT). U.S. gold futures settled down 1.4% at $1,959
 "Gold prices retreat over 1% as dollar and Treasury yields advance")
Rupee sheds 22 paise, ends at 76.51 vs dollar on pullout from equities
The rupee depreciated for the fourth straight day, during which it has lost 38 paise against the American currency
 "Rupee sheds 22 paise, ends at 76.51 vs dollar on pullout from equities")
US Dollar steadies after hitting fresh 20-year high on yen
The dollar's gains have been most striking against the yen, climbing to its highest level of 128.32 yen against the Japanese currency since May 2002
Oil steady despite Libya supply drop, Shanghai preparing to reopen
Brent crude futures rose 21 cents, or 0.2%, to $113.37 a barrel at 0020 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $108.19 a barrel
 "Oil steady despite Libya supply drop, Shanghai preparing to reopen")
Yen hits record low at 127.44 against US dollar; lowest in 20 years
Dollar has risen 4.5% on the Japanese currency so far this month, which would be its second-biggest monthly percentage gain since 2016 behind March's 5.8%
 "Yen hits record low at 127.44 against US dollar; lowest in 20 years")
US dollar touches fresh two-year high on steep Fed rate hike view
The benchmark U.S. 10-year Treasury yield, meanwhile, touched a three-year high of 2.884%
