Page 59 - Us Dollar

Dollar dips after last week's climb as Fed doubts resurface

Riskier currencies, including the Aussie, Norwegian crown and the Canadian dollar were among the major beneficiaries of a weaker dollar in quiet London trading, rising more than 0.5% each

Oil prices snap seven-day losing streak, helped by weaker dollar

Brent crude climbed $1.23, or 1.9%, to $66.41 a barrel by 0701 GMT, after dipping to $64.60 earlier in the session, its lowest level since May 21

US dollar pauses after biggest weekly rise in over two months

The primary source for investor concern is the global prominence of the Delta coronavirus variant which is set to weigh on European manufacturing survey data due shortly.

Stocks tumble, dollar climbs as taper and virus fears spook markets

Stocks stumbled, global bond yields fell and the dollar hit a nine-month peak on Thursday as a double-whammy of Fed taper fears and Covid worries haunted equity markets

Afghanistan low on dollars with currency reserves stuck abroad

Reserves total $9 bn, mostly held at US Fed, says Ajmal Ahmady, who led the central bank until the capture of Kabul

How the ounce-of-gold promise US broke is playing out 50 years on

The 1980s then saw the growth of what is called financialisation where firms make money by trading in money rather than goods and services

US Fed's reverse-repo facility usage up to record $1.08 trillion

The amount of cash investors are parking at a major Federal Reserve facility surged above $1 trillion once again amid an overabundance of US dollars

Dollar hits 4-month high against euro on Federal Reserve's taper talk

The 10-year Treasury yield rose to as high as 1.336% in London trade, its highest in more than three weeks.

Rupee snaps 5-day winning streak, drops 11 paise against US dollar

Halting its five-session winning run, the rupee on Monday declined by 11 paise to close at 74.26 (provisional) against the US dollar, tracking the firm American currency

Oil slides on China's travel curbs amid Covid-19, strengthening US dollar

MELBOURNE (Reuters) - Oil prices fell nearly 2% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new pandemic curbs in Asia, especially China, may set back the global recovery in fuel demand.

China's July foreign exchange reserves rise to $3.236 trillion

China held 62.64 million fine troy ounces of gold at the end of July, from 62.64 million ounces at the end-June.

Rupee gains for 5th straight session to settle at 74.15 against US dollar

On Thursday, the rupee had settled at 74.17 against the US dollar.

Rupee gains for fourth straight session, settles at 74.17 against USD

The rupee settled for the day on a flat note and inched 2 paise higher to close at 74.17 (provisional) against the US currency, marking the fourth straight session of gains on Thursday.

World stocks off record peak, dollar up on hawkish US Fed official

The MSCI world shares index was steady at 729.68, versus a record peak of 731.88 hit in the previous session.

Rupee gains for 3rd straight session, settles at 74.19 against US Dollar

The rupee strengthened against the US currency for the third straight session on Wednesday, closing 9 paise higher at 74.19 (provisional) amid a rally in domestic equities. At the interbank forex market, the rupee opened at 74.16 and hit an intra-day high of 74.08 and a low of 74.24. It finally closed at 74.19, higher by 9 paise over its last close. On Tuesday, the rupee had settled at 74.28 against the US dollar. "It's another fairly slow day in terms of price action, rupee stayed right through the day and heads for the third consecutive daily gains. The reason behind the recent gain is the rally in domestic equities and inflows from series of IPOs this week," said Dilip Parmar, Research Analyst, HDFC Securities. Parmar further noted that all eyes will be on Friday's RBI's stance on liquidity management and outlook for coming quarters. "Technically, spot USDINR is expected to trade with negative bias and one should see levels of 74.10 and 73.90 in the coming days while any level

Rupee gains 6 paise to close at 74.28 against US dollar

The rupee rose by 6 paise to close at 74.28 (provisional) against the US dollar on Tuesday amid a firm trend in domestic equities and a weak American currency.

Rupee gains 8 paise to close at 74.34 against US dollar

The rupee gained 8 paise to close at 74.34 (provisional) against the US dollar on Monday, supported by a firm trend in domestic equities and a weak American currency. Forex traders said the rupee is trading in a narrow range as investors are awaiting the RBI's monetary policy meeting outcome for further cues. At the interbank forex market, the local unit opened at 74.38 against the greenback and witnessed an intra-day high of 74.30 and a low of 74.43. It finally ended at 74.34 against the American currency, registering a rise of 8 paise over its previous close. On Friday, the rupee had settled at 74.42 against the US dollar. "Despite rebound in manufacturing PMI activities, price action in forex markets remained dull as participants choose to wait and watch ahead of RBI's monetary policy scheduled on August 6," said Dilip Parmar, Research Analyst, HDFC Securities. India's manufacturing sector activities witnessed the strongest rate of growth in three months in July. The seasonally

US stocks slip on Amazon disappointing earning report, dollar bounces

US stocks dropped on Friday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood

World stocks on course for sixth month of gains, dollar near 1-mth low

MSCI's World index was last down 0.3%, leaving it broadly flat on the week, but up 1.1% for the month, just shy of a record high.

Rupee slips 5 paise to close at 74.47 against USD amid weaker equities

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 92.76.