Page 12 - Us Dollar

Rupee slips 7 paise to 74.67 against US dollar in early trade

Forex traders said geopolitical tensions, sustained foreign fund outflows and elevated crude oil prices also dragged down the local unit

Dollar edges up on Fed and Ukraine jitters, cryptocurrencies slip

The euro lost 0.19% to 1.1319 and the dollar also gained 0.1% on the safe-haven yen with one dollar worth 113.8 per yen, though the Japanese currency was still near its recent top of 113.47

US dollar holds its ground as selloff drags down Aussie, Bitcoin

By Iain Withers

Rupee rises 8 paise to close at 74.43 against US dollar on easing oil price

The rupee advanced by 8 paise to close at 74.43 (provisional) against the US dollar on Friday on the back of easing crude oil prices and dollar selling by banks and exporters.

Dollar reverses losses, shows modest gain following 10-year TIPS auction

U.S. 10-year note yields were at 1.8325%, off their two-year high of 1.902% reached on Wednesday

Dollar dips as US Treasury yields stall, commodity currencies gain

The dollar dipped on Thursday as this week's rally in U.S. Treasury yields paused, and commodity-linked currencies such as the Canadian and Australian dollars gained amid rises in commodity prices

Rupee gains 15 paise to 74.29 against US dollar in opening trade

The rupee appreciated by 15 paise to 74.29 against the US dollar in opening trade on Thursday, even as the domestic equity market was trading with significant losses. At the interbank foreign exchange, the rupee opened at 74.43 against the American dollar, then inched higher to 74.29, registering a rise of 15 paise from the last close. In the previous session, the rupee settled at 74.44 against the greenback. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 per cent higher at 95.53. The US Dollar, along with benchmark 10-year yields and crude prices came off multi-year highs and could lend support to the domestic unit, Reliance Securities said in a research note. However, investors will remain cautious ahead of the US Federal Reserve's meeting due next week, it added. On the domestic equity market front, the 30-share Sensex was trading 383.54 points or 0.64 per cent lower at 59,715.28, while the broader NSE Nifty decline

Gold holds near two-month high as firmer yields counter softer dollar

Gold prices edged down on Thursday, hovering near a two-month high, with a weaker dollar countering pressure from higher bond yields

Rupee declines 12 paise to 74.70 against US dollar in early trade

The rupee declined by 12 paise to 74.70 against the US dollar in opening trade on Wednesday, as muted domestic equities and elevated crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the rupee opened weak at 74.70 against the US dollar, registering a decline of 12 paise from the last close. On Tuesday, the rupee slumped by 33 paise to close at a two-week low of 74.58 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.06 per cent to 95.67. The Indian Rupee opened weaker versus the dollar tracking the strength of the US bond yields and the greenback which got a lift on rate hike expectations, Reliance Securities said in a research note. Moreover, the strength of crude oil prices will also weigh on the local unit this Wednesday, it added. Meanwhile, global oil benchmark Brent crude futures jumped by 1.22 per cent to USD 88.58 per barrel. On the domestic equity mark

Dollar hits a six-day high after US treasury yields jump; yen steadies

The US Federal Reserve meets next week

Dollar fails to catch a lift from higher yields, Bank of Japan in focus

The yen edged higher ahead of the outcome of a central bank policy meeting, while the dollar seemingly ignored US Treasury yields

Reserve Bank of India buys, sells equal amount of US dollar in November

In November 2020, the RBI had net bought USD 10.26 billion from the spot market

Rupee dips 9 paise to close at 74.24 against US dollar on rising oil prices

The rupee fell 9 paise to close at 74.24 (provisional) against the US dollar as muted domestic equities and elevated crude oil prices weighed on investor sentiments

US dollar snaps three-day losing streak as selling pressure abates

The US dollar index was 0.3% higher at 95.157, but still looked set to finish the week down about 0.6%, its worst weekly showing since early September

Dollar slides toward worst week in more than a year as longs lose faith

The dollar has dropped 1.53% against the yen over the week, its worst showing since June 2020, and pushed as low as 113.64 for the first time since Dec. 21.

Dollar heads for largest weekly fall in 8 months as longs lose faith

The dollar index is down about 0.9% for the week, on course for its largest weekly percentage fall since last May and set to halt a rally that has lasted about six months

Asia shares stumble on weak China economic data, US dollar heavy

US consumer price inflation was at its highest in nearly 40 years, data showed overnight

Sell dollar for everything else is echoing across world trading rooms

A growing chorus of investors is betting the world's reserve currency has reached a peak in a dramatic turnaround from a month ago.

Oil hit two-month highs on US crude inventories fall, weaker dollar

Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the world's top consumer, fell to their lowest since 2018

Dollar slumps as US inflation surge comes in line with expectations

The U.S. Dollar Currency Index, which tracks the greenback against six major currencies, was down 0.7% at 94.944, after slipping as low as 94.903, its lowest since Nov. 11.