Page 11 - Us Dollar

Rupee slips 5 paise to close at 74.88 against US dollar on muted equities

The rupee declined 5 paise to close at 74.88 (provisional) against the US dollar on Thursday, weighed down by the strength of the American currency and muted domestic equities.

Indian rupee slips 8 paise to 74.91 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.10 per cent to 96.03.

Dollar takes a break from this week's slide ahead of BoE, ECB meetings

The risk-sensitive Australian and New Zealand dollars fell slightly in morning trade

Rupee pares initial gains to settle flat at 74.83 against US dollar

The rupee pared its initial gains to settle on a flat note at 74.83 (provisional) against US dollar on Wednesday, even as the domestic equities closed on a positive note.

Rupee gains 11 paise to 74.71 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent lower at 96.26.

Gold steady as improved risk appetite counters weaker dollar, yields

Although gold is considered a hedge against inflation, rate hikes would raise the opportunity cost of holding non-yielding bullion.

Dollar slides for 2nd day after weak US data, Fed's cautious rate comments

The dollar fell for a second straight session on Tuesday, after hitting a 19-month peak at the end of last week

Dollar declines for second day running as FX markets change course

After falling nearly 5% in January, world equities started February slightly firmer and currency markets have also changed course

Rupee slips 17 paise to close at 74.82 against dollar on higher borrowing

The rupee pared its initial gains and settled 17 paise lower at 74.82 (provisional) against US dollar on Tuesday on the back of higher-than-expected borrowing in the next financial year.

US dollar holds near 18-month high ahead of busy central bank week

Market pricing now suggests a more than 90% chance of at least four Fed rate hikes by the end of the year and a 67% chance of at least five.

Dollar posts biggest weekly rise in 7 months on rate bets

Dollar steadily rose in a week highlighted by a more hawkish tone coming out of a Federal Reserve meeting

Rupee snaps losing streak, rises 5 paise to close at 75.04 against dollar

The rupee snapped its three-day losing streak to close 5 paise higher at 75.04 (provisional) against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs. However, the rebound in the rupee was restricted amid weakness in domestic equities, analysts said. Forex traders said geopolitical tensions, elevated crude oil prices and hawkish US Fed stance also weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 75.12 a dollar and witnessed an intra-day high of 74.88 and a low of 75.13. The domestic unit finally settled at 75.04 (provisional) against the American currency, up 5 paise over its last close of 75.09. Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.11 per cent to 97.35. "The Indian rupee managed to stabilise after sharp sell-off in the last three days and retraced from one-month low on expectation of better dollar inflows from upcoming IPOs a

Dollar set for sparkling week as interest rate hike expectations surge

Federal Reserve chair Jerome Powell unleashed bets on five or more hikes this year after he left the door open to raising rates faster than in previous cycles

Dollar gains, Wall Street retreats as investors brace for Fed hikes

The prospect of faster or larger US interest rate hikes helped push the dollar to its highest levels since July 2020.

Gold price slips as hawkish Federal Reserve lifts US dollar, yields

(Reuters) - Gold prices extended losses to an over one-week low on Thursday as the U.S. dollar and Treasury yields rallied after U.S. Federal Reserve Chairman Jerome Powell signalled an interest rate hike in March.

Dollar resurgent as Jerome Powell gives Federal Reserve room to hike

The greenback hit a two-month top of $1.1220 per euro and held gains at 114.62 yen

Gold steady as higher yields, dollar counter Ukraine uncertainty

Fed Chairman Jerome Powell struck a hawkish tone on Wednesday

US Dollar rises to five-week high after Fed policy decision

Fed Chair Jerome Powell said the U.S. central bank will be open-minded as it adjusts monetary policy to keep persistently high inflation from becoming entrenched

Rupee falls by 16 paise to close at 74.76 against US dollar

The rupee on Tuesday depreciated by 16 paise to close at 74.76 (provisional) against the US dollar due to month-end dollar demand from oil importers and a stronger dollar in overseas markets.

Dollar edges higher on geopolitical tensions ahead of the Fed's policy meet

As investors bought safe-haven currencies amid tensions between Russia and the West over Ukraine, the dollar edged higher on Tuesday to within striking distance of its two-week peak.