Page 4 - Us Dollar
Rupee surges 19 paise to 76.31 against US dollar in early trade
The rupee appreciated 19 paise to 76.31 against the US dollar in opening trade on Wednesday, tracking positive trends among Asian and emerging market currencies
 "Rupee surges 19 paise to 76.31 against US dollar in early trade")
US dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference
"The BOJ has done the opposite of normalization. They have dug their heels in," said Richard Benson, co-chief investment officer at Millennium Global Investments in London
 "US dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference")
Gold prices retreat over 1% as dollar and Treasury yields advance
Spot gold fell 1.3% to $1,953.19 per ounce by 02:30 p.m. ET (1830 GMT). U.S. gold futures settled down 1.4% at $1,959
 "Gold prices retreat over 1% as dollar and Treasury yields advance")
Rupee sheds 22 paise, ends at 76.51 vs dollar on pullout from equities
The rupee depreciated for the fourth straight day, during which it has lost 38 paise against the American currency
 "Rupee sheds 22 paise, ends at 76.51 vs dollar on pullout from equities")
US Dollar steadies after hitting fresh 20-year high on yen
The dollar's gains have been most striking against the yen, climbing to its highest level of 128.32 yen against the Japanese currency since May 2002
 "US Dollar steadies after hitting fresh 20-year high on yen")
Oil steady despite Libya supply drop, Shanghai preparing to reopen
Brent crude futures rose 21 cents, or 0.2%, to $113.37 a barrel at 0020 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $108.19 a barrel
 "Oil steady despite Libya supply drop, Shanghai preparing to reopen")
Yen hits record low at 127.44 against US dollar; lowest in 20 years
Dollar has risen 4.5% on the Japanese currency so far this month, which would be its second-biggest monthly percentage gain since 2016 behind March's 5.8%
 "Yen hits record low at 127.44 against US dollar; lowest in 20 years")
US dollar touches fresh two-year high on steep Fed rate hike view
The benchmark U.S. 10-year Treasury yield, meanwhile, touched a three-year high of 2.884%
RBI turns net purchaser of US currency in February, buys $771 mn
In the reporting month, the central bank bought $5.946 billion and sold $5.175 billion in the spot market, RBI said in its monthly bulletin for April 2022
 "RBI turns net purchaser of US currency in February, buys $771 mn")
US dollar continues to garner support from Fed hike expectations
The US rate futures market has priced in 96% chance of a 50 basis-point hike at next month's Fed policy meeting, and about 215 basis points in cumulative rate increases
 "US dollar continues to garner support from Fed hike expectations")
Rupee declines 24 paise to 76.43 against US dollar in early trade
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 100.67
 "Rupee declines 24 paise to 76.43 against US dollar in early trade")
Japan's yen bounces briefly after policymaker Haruhiko Kuroda's comment
Yen fell to a two-decade low of 126.795 in early Asian trading, before both Bank of Japan Governor Haruhiko Kuroda and Fin Min Shunichi Suzuki voiced concerns and caused it to bounce as far as 126.25
 "Japan's yen bounces briefly after policymaker Haruhiko Kuroda's comment")
Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low
The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020.
 "Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low")
Euro hovers near two-year low vs dollar as ECB disappoints markets
The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827
 "Euro hovers near two-year low vs dollar as ECB disappoints markets")
US dollar drops, euro rises as markets look to ECB's policy meet
Money markets are pricing in about 70 basis points of interest rate tightening by December.
US dollar climbs to near 20-year peak vs yen as more Fed hikes loom
Against a basket of six major currencies, the dollar climbed to 100.52, the highest since May 2020, but was last little changed at 100.29
Asia stocks wobble, dollar firm as markets wary before US inflation data
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild losses.
 "Asia stocks wobble, dollar firm as markets wary before US inflation data")
Euro boosted by Macron lead in French election, dollar near two-year highs
U.S. Treasury yields have soared on expectations of more aggressive tightening by the Federal Reserve, boosting the greenback
 "Euro boosted by Macron lead in French election, dollar near two-year highs")
Gold dips as firmer Treasury yields, dollar counter Ukraine risks
Spot gold was down 0.2% at $1,942.85 per ounce by 0730 GMT, after hitting a more than one-week high of $1,949.32 earlier in the day. U.S. gold futures were up 0.1% at $1,947.40.
 "Gold dips as firmer Treasury yields, dollar counter Ukraine risks")
Rupee gains 14 paise to 75.79 against US dollar in early trade
On Friday, the rupee appreciated 10 paise to settle at 75.93 against the US dollar.
 "Rupee gains 14 paise to 75.79 against US dollar in early trade")
