Page 40 - Us Dollar
RBI turns net purchaser of US currency in February, buys $771 mn
In the reporting month, the central bank bought $5.946 billion and sold $5.175 billion in the spot market, RBI said in its monthly bulletin for April 2022
 "RBI turns net purchaser of US currency in February, buys $771 mn")
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 continues to garner support from Fed hike expectations")
Rupee declines 24 paise to 76.43 against US dollar in early trade
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 100.67
 "Rupee declines 24 paise to 76.43 against US dollar in early trade")
Japan's yen bounces briefly after policymaker Haruhiko Kuroda's comment
Yen fell to a two-decade low of 126.795 in early Asian trading, before both Bank of Japan Governor Haruhiko Kuroda and Fin Min Shunichi Suzuki voiced concerns and caused it to bounce as far as 126.25
 "Japan's yen bounces briefly after policymaker Haruhiko Kuroda's comment")
Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low
The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020.
 "Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low")
Euro hovers near two-year low vs dollar as ECB disappoints markets
The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827
 "Euro hovers near two-year low vs dollar as ECB disappoints markets")
US dollar drops, euro rises as markets look to ECB's policy meet
Money markets are pricing in about 70 basis points of interest rate tightening by December.
US dollar climbs to near 20-year peak vs yen as more Fed hikes loom
Against a basket of six major currencies, the dollar climbed to 100.52, the highest since May 2020, but was last little changed at 100.29
 "US dollar climbs to near 20-year peak vs yen as more Fed hikes loom")
Asia stocks wobble, dollar firm as markets wary before US inflation data
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild losses.
 "Asia stocks wobble, dollar firm as markets wary before US inflation data")
Euro boosted by Macron lead in French election, dollar near two-year highs
U.S. Treasury yields have soared on expectations of more aggressive tightening by the Federal Reserve, boosting the greenback
 "Euro boosted by Macron lead in French election, dollar near two-year highs")
Gold dips as firmer Treasury yields, dollar counter Ukraine risks
Spot gold was down 0.2% at $1,942.85 per ounce by 0730 GMT, after hitting a more than one-week high of $1,949.32 earlier in the day. U.S. gold futures were up 0.1% at $1,947.40.
 "Gold dips as firmer Treasury yields, dollar counter Ukraine risks")
Rupee gains 14 paise to 75.79 against US dollar in early trade
On Friday, the rupee appreciated 10 paise to settle at 75.93 against the US dollar.
 "Rupee gains 14 paise to 75.79 against US dollar in early trade")
Benchmark Treasury yield hits 3-year high; dollar posts weekly gain
The dollar index advanced to 100 for the first time in nearly two years. It rose as high as 100.19, its highest since May 2020.
 "Benchmark Treasury yield hits 3-year high; dollar posts weekly gain")
US dollar posts largest weekly gain in one month on hawkish Fed messages
NEW YORK (Reuters) - The U.S. dollar index on Friday posted its largest weekly percentage gain in a month, supported by the prospect of a more aggressive pace of Federal Reserve tightening to curb soaring inflation.
Dollar riding high after index hits 100 for first time in nearly two years
The dollar index rose as high as 100 in early European trading hours, its best level since May 2020. It later lost some momentum and was last broadly flat at 99.844.
 "Dollar riding high after index hits 100 for first time in nearly two years")
Gold subdued as dollar climbs higher on counters of Ukraine risks
Spot gold was flat at $1,929.52 per ounce by 0520 GMT. US gold futures were down 0.3% at $1,931.90
 "Gold subdued as dollar climbs higher on counters of Ukraine risks")
Rupee surges 23 paise to 75.80 against US dollar post RBI policy decision
The rupee advanced 23 paise to 75.80 against the US dollar in the opening trade on Friday, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate.
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.
Rupee declines 11 paise to settle at 75.95 against US dollar
The rupee declined 11 paise to close at 75.95 (provisional) against USD on Thursday as the hawkish stance of US Fed affected investor sentiments in global markets and bolstered the American currency
 "Rupee declines 11 paise to settle at 75.95 against US dollar")
Dollar buoyant as Federal Reserve readies to step up inflation fight
SINGAPORE (Reuters) - The dollar hovered near a two-year high against a basket of currencies on Thursday, after meeting minutes showed the Federal Reserve preparing to move aggressively to head off inflation.
