Page 25 - Us Dollar

Gold subdued on firmer dollar even as investors await US inflation data

Spot gold was down 0.3% at $1,802.90 per ounce by 0906 GMT. U.S. gold futures slipped 0.5% to $1,801.90 per ounce

Gold prices dip as dollar claws up, equities firm dimming metal's appeal

Gold prices eased on Monday as a slightly stronger dollar and buoyant equities dimmed the safe-haven metal's appeal, with investors awaiting US inflation data and Fed Chairman testimony this week

Rupee strengthened 21 paise to 74.43 against US dollar in early trade

The Indian rupee strengthened by 21 paise to 74.43 against the US dollar in early trade on Monday, tracking a firm trend in the domestic equity market

Treasury yields rise, US stocks rally to record highs; dollar weakens

Treasury yields extended their rise on Friday while the three major US stock indexes rallied to record closing highs, as markets relaxed a bit from fears of a slowing pace of economic recovery

Forex reserves rise by $1 billion to record high of $610 billion

Gold reserves climbed $76 million to $36.372 billion in the reporting week.

Global stocks drop; bonds, euro rise in bid for safety amid cloudy outlook

US stock prices fell while bond prices and the euro firmed on Thursday as investors pared exposure to risk and headed for safety amid a cloudy outlook for the pace of economic recovery

Gold prices set to snap six-day winning streak as US dollar rises

Spot gold was down 0.3% at $1,798.06 per ounce, as of 0650 GMT, after gaining for six straight sessions.

Gold on back foot as dollar strengthens after Federal Reserve's minutes

Gold prices slipped on Thursday, weighed down by a stronger dollar after minutes from the US Federal Reserve's latest meeting highlighted inflationary pressures

Rupee slumps 17 paise to 74.79 against US dollar in opening trade

The rupee depreciated 17 paise to 74.79 against the US dollar in opening trade on Thursday, following a strong dollar overseas and subdued sentiment in the domestic equities. However, lower crude prices and fresh foreign fund inflows restricted the rupee's fall, forex traders said. At the interbank foreign exchange, the domestic unit opened weak at 74.75 against the dollar, then fell further to 74.79 in the morning session, registering a fall of 17 paise over its previous close. In the previous session, the rupee had settled at 74.62 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.11 per cent at 92.74. On the domestic equity market front, BSE Sensex was trading 74.49 points or 0.14 per cent lower at 52,980.27, while the broader NSE Nifty slipped 31.70 points to 15,847.95. Foreign institutional investors were net buyers in the capital market on Wednesday as they bought shares worth Rs 532.94 cro

Dollar near three-month high after Fed minutes reaffirm taper timeline

The dollar index, which measures the greenback against six rivals, held its ground at 92.702, little changed from Wednesday, when it touched 92.844 for the first time since April 5

Rupee declines 7 paise to close at 74.62 against US dollar as oil rises

A stronger dollar and rising crude oil prices weighed on investor sentiment.

World stocks dip from record peak, dollar firm ahead of Fed minutes

Markets are nervous about riskier assets before the release of the June policy minutes

Euro near 3-month low after soft data, dollar looks to Fed's minutes

The euro staggered near a three-month low against the dollar on Wednesday after disappointing German data raised doubts about the strength of the economic recovery

Rupee falls 24 paise against US dollar amid rising crude oil prices

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 92.38.

Forex reserves rise by $5 billion to lifetime high of $609 billion

Gold reserves rose by USD 365 million to USD 36.296 billion in the period under review, the data showed.

Dollar's near-term outlook bright, but to fade in a year: Reuters poll

A majority of analysts in Reuters polls, however, were split on the duration of the greenback's bullish trend and forecast its allure to fade in a year.

Gold prices edge lower on firmer dollar as market eye US jobs data

Gold prices edged lower on Thursday, as dollar hovered near a three-month peak, with investors looking ahead to a key US jobs report for clues on what it might mean for monetary policy

US dollar posts best month since November 2016; nonfarm payrolls loom

The dollar rose to a 2-1/2-month peak on Wednesday, posting its biggest monthly rise since November 2016, supported by a surprisingly hawkish shift in the US Federal Reserve's rate outlook

Indian rupee posts biggest monthly fall in 15 months amid high crude prices

Traders said month-end demand for dollars from oil importers was one of the main factors driving the unit lower, while weak local equities also hurt sentiment

Rupee depreciates 5 paise to 74.28 against US dollar in early trade

The Indian rupee depreciated 5 paise to 74.28 against the US dollar in opening trade on Wednesday as firm American currency and rising crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at 74.23 against the dollar, then fell further to 74.28, registering a fall of 5 paise over its previous close. On Tuesday, the rupee had settled at 74.23 against the US dollar. "The obvious risk for the rupee is increasing COVID-19 delta variant cases, which continues to lend support to the greenback and could weigh on sentiments back home," Reliance Securities said in a research note. Moreover, Asian currencies have started flat to marginally weaker against the greenback this Wednesday morning and could also weigh on the local unit, the note added. Global oil benchmark Brent crude futures rose 0.41 per cent to USD 75.07 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was unchanged