Europe's STOXX 600 snapped a nine-day winning streak
The Indian rupee slipped 33 paise to 73.65 against the US dollar in early trade on Thursday, amid the strengthening of the greenback in the overseas market
The domestic currency has lost 52 paise in the seven trading sessions to Wednesday.
The U.S. currency has been buoyed as traders closed short positions before the Fed's two-day policy-setting confab, which kicks off on Tuesday
Currency markets settled in tight ranges with implied volatility plumbing to multi-year lows
The domestic unit has lost 49 paise in the last five trading sessions.
The yen was at 109.715, after weakening to 109.840 on Friday for the first time since June 4
Forex reserves rose by $6.842 billion in the week ended June 4
US gold futures rose 0.4% to $1,903.90 per ounce.
Spot gold was up 0.1% at $1,900.10 per ounce, as of 0518 GMT
US stock futures pointed to a flat open on Wall Street.
Wipro IT Services, has approved a proposal for issuing US dollar denominated notes of up to USD 750 million
Investors have adopted a wait-and-see attitude all week, sucking volatility from the market and leaving major currencies mostly range-bound
The rupee depreciated by 9 paise to end at 72.89 against the US dollar on Tuesday, tracking a strong dollar overseas and subdued sentiment in the domestic equities. However, a fall in crude oil prices restricted the rupee's fall, forex traders said. At the interbank forex market, the local unit opened slightly up at 72.78 against the greenback and witnessed an intra-day high of 72.76 and a low of 72.90. It finally ended at 72.89 against the American currency, a decline of 9 paise over its previous close. On Monday, the rupee had settled at 72.80 against the US dollar. On the domestic equity market front, the BSE Sensex ended 52.94 points or 0.10 per cent lower at 52,275.57, while the broader NSE Nifty slipped 11.55 points or 0.07 per cent to 15,740.10. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.20 per cent to 90.12. Brent crude futures, the global oil benchmark, fell 0.66 per cent to USD 71.02 per barrel. Forei
Spot gold was down 0.2 percent at $1,895.59 per ounce, as of 0315 GMT. US gold futures were steady at $1,898.60.
Gold prices hovered near the key level of $1,900 an ounce, supported by a weaker dollar and lower bond yields, while investors awaited U.S. data later this week to gauge inflationary pressure.
The possibility of a slowdown in bond buying is also in focus leading up to a European Central Bank meeting on Thursday, and both concerns kept a lid on price moves in Asia
Spot gold was down 0.2% at $1,886.76 per ounce, after rising more than 1% in the previous session
A stronger-than-expected jobs report would have heightened worries that the Fed might contemplate paring back its bond-buying program and raising interest rates
The Indian rupee slumped 16 paise to 73.07 against the US dollar in opening trade on Friday after the Reserve Bank kept policy rates unchanged for the sixth time in a row