Page 68 - Us Dollar
"Dollar smile" meets "dollar short"; greenback bounce threatens bears
According to one fund manager, the dollar could be about to complete a trading pattern known as the "Dollar Smile," which has in previous years preceded major U.S. economic rebounds and currency surge
 "\"Dollar smile\" meets \"dollar short\"; greenback bounce threatens bears")
Gold prices slide more than 2% to below $1,800 as dollar, yields gain
Spot gold was 2.3% lower at $1,790.92 per ounce
 "Gold prices slide more than 2% to below $1,800 as dollar, yields gain")
Gold set to post weekly, monthly decline on firmer dollar rising 0.2%
Spot gold was unchanged at $1,840.91 per ounce by 0058 GMT. Prices were down 0.6% for the week and 2.9% for the month. U.S. gold futures rose 0.1% to $1,839.70
 "Gold set to post weekly, monthly decline on firmer dollar rising 0.2%")
Gold prices dip as investors opt for relative shelter of US dollar
Spot gold was down 0.2% at $1,840 an ounce by 1258 GMT. Prices had fallen to their lowest since Jan. 18 at $1,830.80 on Wednesday.
 "Gold prices dip as investors opt for relative shelter of US dollar")
RBI remains net purchaser of US dollar in November, buys $10.261 bn
The Reserve Bank of India (RBI) continued to remain a net buyer of the US currency in November
 "RBI remains net purchaser of US dollar in November, buys $10.261 bn")
Turnaround hopes for rupee fade over RBI's stance on forex reserves
The rupee is under pressure to rise on heavy foreign inflows
 "Turnaround hopes for rupee fade over RBI's stance on forex reserves")
The Year of the Renminbi?
China has been the world's largest trader since 2013, its economy is now larger than that of the US in purchasing power parity terms, and soon it will pull ahead in terms of market exchange rates, too
Rupee slips 3 paise to 73.07 against the US dollar in early trade
The rupee opened on a flat note and depreciated 3 paise to 73.07 against the US dollar in opening trade on Friday tracking the muted opening in domestic equities.
 "Rupee slips 3 paise to 73.07 against the US dollar in early trade")
Rupee surges 13 paise to 73.12 against the US dollar in early trade
The rupee appreciated 13 paise to 73.12 against the US dollar in opening trade, as heavy buying in domestic equities and weakness of the US currency in the overseas market lifted investor sentiment
Gold prices inch lower as stronger US dollar, higher yields weigh
Gold inched lower on Friday as the US dollar and Treasury yields firmed, although hopes for additional stimulus in the world's largest economy kept bullion on course for a second straight weekly gain
 "Gold prices inch lower as stronger US dollar, higher yields weigh")
Gold prices inch down as dollar recovers; focus turns to Georgia race
Gold prices eased on Tuesday after hitting an eight-week high, as the US dollar recovered from multi-year lows ahead of Senate runoff elections in Georgia
Foreign exchange reserves decline by $290 million to $580.84 billion
The country's foreign exchange reserves declined by $290 million to $580.841 billion in the week ended December 25, RBI data showed
 "Foreign exchange reserves decline by $290 million to $580.84 billion")
Forex reserves rise by $2.56 billion to record $581.131 billion
The country's foreign exchange reserves surged by $2.563 billion to touch a record high of $581.131 billion in the week to December 18
 "Forex reserves rise by $2.56 billion to record $581.131 billion")
RBI remains net purchaser of US dollar in October, buys $15.64 bn
The Reserve Bank of India (RBI) remained a net purchaser of the US currency in October as it bought $15.64 billion from the spot market
 "RBI remains net purchaser of US dollar in October, buys $15.64 bn")
Rupee surges 14 paise to 73.62 against US dollar in early trade
The rupee appreciated 14 paise to 73.62 against the US dollar in opening trade on Thursday as sustained foreign fund inflows and hectic buying in domestic equities strengthened investor sentiment
 "Rupee surges 14 paise to 73.62 against US dollar in early trade")
Rupee slips 6 paise to 73.90 against US dollar in early trade
The rupee depreciated 6 paise to 73.90 against the US dollar in opening trade on Wednesday in line with weaker Asian peers amid concerns over a new coronavirus strain.
 "Rupee slips 6 paise to 73.90 against US dollar in early trade")
India wants a V-shaped recovery at any cost. But what will RBI do?
How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off
 "India wants a V-shaped recovery at any cost. But what will RBI do?")
Rupee surges 15 paise to 73.48 against the US dollar in early trade
The rupee appreciated 15 paise to 73.48 against the US dollar in opening trade as sustained foreign fund inflows and hectic buying domestic equities strengthened investor sentiment
India's forex reserves surge by $4.5 billion to record $579.3 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
 "India's forex reserves surge by $4.5 billion to record $579.3 billion")
Oil prices near $50 as coronavirus vaccine fuels demand recovery hopes
Brent crude rose 51 cents, or 1 per cent, to $49.35 a barrel by 7:35 pm IST. West Texas Inter-mediate (WTI) crude climbed 51 cents, up 1 per cent, to $49.35
 "Oil prices near $50 as coronavirus vaccine fuels demand recovery hopes")
