Page 32 - Us Dollar
Dollar snaps two-day winning streak, bitcoin hovers near record highs
NEW YORK (Reuters) - The dollar lost ground on Thursday, ending its first two-day winning streak in two weeks as disappointing labor market data tempered expectations for a speedy economic recovery from the global health crisis.
 "Dollar snaps two-day winning streak, bitcoin hovers near record highs")
US: Dollar buoyed by economic recovery hopes, bitcoin near record $52,640
Stimulus cheques helped U.S. retail sales to rebound sharply in January, while industrial output and producer prices data also provided robust upside surprises
 "US: Dollar buoyed by economic recovery hopes, bitcoin near record $52,640")
How RBI's currency operations are spiking forward premia across tenures
From about 3.5 per cent at the start of December to 6 per cent now, three-month forwards rates are most affected
 "How RBI's currency operations are spiking forward premia across tenures")
Gold loses sheen on dollar rebound; platinum rally takes breather
Spot gold lost 0.5 per cent to $1,816.40 an ounce by 5:51 pm (IST) and US gold futures were down 0.6 per cent at $1,816.30
 "Gold loses sheen on dollar rebound; platinum rally takes breather")
Foreign exchange reserves decline by $6.24 billion to $583.94 billion
The country's foreign exchange reserves declined by a massive $6.24 billion in the week ended February 5
 "Foreign exchange reserves decline by $6.24 billion to $583.94 billion")
S&P 500 edges lower in volatile trade, while dollar drops to 2-week low
NEW YORK (Reuters) - The S&P 500 was down slightly in volatile trading while MSCI's gauge of stocks across the globe was barely higher on Wednesday, pausing after recent gains, while the dollar dropped to two-week lows.
 "S&P 500 edges lower in volatile trade, while dollar drops to 2-week low")
Gold firms on faltering dollar, US coronavirus relief package hopes
Gold rose on Wednesday, hovering near a one-week peak hit in the previous session, as a weaker dollar and rising hopes of a US stimulus elevated bullion's appeal as a hedge against inflation
 "Gold firms on faltering dollar, US coronavirus relief package hopes")
Gold prices ease on higher 10-year Treasury yields, rebounding dollar
Spot gold fell 0.1% to $1,810.65 per ounce. U.S. gold futures eased 0.1% to $1,811.10
 "Gold prices ease on higher 10-year Treasury yields, rebounding 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 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")
