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US Dollar News
Gold vs stocks, vs debt: Here's who came out tops in 2017-18
Thu, Mar 29, 2018
In the equity market, the Sensex closed near the 33000 peak and the Nifty defended its 10000 zone to end fiscal 2018 with 12.8% and 11.9% returns in the last one year. Smallcap stocks, which carry more risk, rewarded investors with 17.3% index returns, higher than 13.1% jump in midcaps and 10.2% in largecaps. In terms of BSE sectors, consumer durables was the best performer in FY18 delivering a category average of nearly 45%, followed closely by Realty (40.4%).
Rupee breaks below 65 vs dollar, hits 4-month low
Thu, Feb 22, 2018
The rupee weakened by 29 paise to trade at fresh 4-month low, breaching the 65 level against the US dollar in opening trade after Reserve Bank of India’s (RBI) monetary policy committee (MPC) indicated a series of rate hikes could be in the offing because of rising risks to inflation.
Oil stable on weak dollar, economic growth, but pockets of oversupply linger
Wed, Feb 14, 2018
The Saudi energy ministry said on Wednesday that Saudi Aramco`s crude output in March will be 100,000 barrels per day (bpd) below its February level while exports would be kept below 7 million bpd.
Gold rises on weaker US dollar ahead of US inflation data
Mon, Feb 12, 2018
Spot gold rose 0.6 percent to $1,323.68 per ounce at 0435 GMT. Last week, the precious metal fell 1.2 percent for a second consecutive weekly decline.
ECB warns against global currency war
Fri, Jan 26, 2018
ECB board member Benoit Coeure said at the World Economic Forum in Davos that talks over exchange rates should be returned to the confines of global meetings like the G7 and the G20, as the recent public noise is proving unhelpful.
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Thu, Jan 25, 2018
The Organization of the Petroleum Exporting Countries and allies including Russia began to curb supplies in 2017.
Rupee wobbles on gushing trade deficit woes amid rising crude
Sat, Jan 20, 2018
Stretching its losses for the second-straight week, the home currency depreciated by 21 paise to end at 63.84.
Nikkei closes at 26-year high on yen's softer tone
Tue, Jan 16, 2018
Tokyo stocks closed higher on Tuesday, with 225-issue Nikkei stock index finishing at its highest level in more than 26 years.
Gold hits over four-month high as dollar index slumps to three-year lows
Mon, Jan 15, 2018
Gold prices touched their highest in more than four months on Monday, buoyed by a weaker U.S. dollar, which slumped to three-year lows against a basket of currencies. Spot gold was up 0.3 percent at $1,342.50 an ounce by 0718 GMT after touching its strongest since Sept. 8 at $1,344.44.
SBI to raise up to USD 2 billion via overseas bonds
Mon, Jan 08, 2018
Country's largest lender State Bank of India plans to raise up to USD 2 billion (over Rs 12,600 crore) by issuing bonds in US dollar or other convertible currency.
US dollar declines amid economic data
Fri, Dec 29, 2017
The US dollar fell to 0.9781 Swiss franc from 0.9867 Swiss franc, and it edged down to 1.2582 Canadian dollars from 1.2643 Canadian dollars.
Gold hits 1-month high as dollar weakens further
Thu, Dec 28, 2017
Gold prices rose to their highest level in one month on Thursday in light holiday trade and as the dollar fell to a four-week low. Spot gold was up 0.2 percent at $1,289.10 an ounce at 0322 GMT, after earlier reaching its best since Nov. 29 at $1,289.92.
Rupee logs a fresh 3 month high at 64 against dollar
Wed, Dec 20, 2017
The rupee firmed up 4 paise to 64 against the dollar today, taking cues from a higher opening in the domestic stock market. The US currency lost muscle even as the Republican tax cut package moved closer to becoming a law.
Gold hovers near two-month lows as dollar firms
Thu, Dec 07, 2017
Gold dipped slightly and held near a two-month low on Wednesday, under pressure from a firmer U.S. dollar ahead of a vote on the U.S. tax reform plan, but a potential government shutdown lent support to prices.
Monetary policy review to drive key equity indices
Sun, Dec 03, 2017
Market observers opined that other factors such as the rupee`s movement against the US dollar, global crude oil prices and further economic reforms will impact investors` risk-taking appetite.
US dollar rises amid economic data
Fri, Aug 04, 2017
The US dollar traded higher against most major currencies as investors digested the latest economic data. In late New York trading on Thursday, the euro rose to $1.1869 from $1.1868, and the British pound fell to $1.3131 from $1.3239, Xinhua news agency reported.
Rupee gains 6 paise, global dollar weakness helps
Wed, Jul 05, 2017
The rupee firmed up 6 paise to 64.68 against the dollar today after increased selling of the US currency by exporters and banks. It received backing from a weak dollar against other currencies overseas.
Rupee edges up 3 paise against dollar in early trade
Fri, Jun 23, 2017
The rupee opened on a positive note in the early morning trade on Friday whereby it edged up three paise against the US dollar following fresh selling of the American currency by banks and exporters.
Rupee jumps 5 paise against dollar to 64.25
Thu, Jun 15, 2017
Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the US dollar in early session today amid a higher opening of domestic equities.
Rupee gets UK poll blues, sheds 15 paise against dollar in early trade
Mon, Jun 12, 2017
The rupee has depreciated by 15 paise to 64.39 against the US dollar in early trade on Monday ahead of the government's release of IIP and Inflation data later in the day.