Yen worries increase as dollar strengthens after Fed
Thu, Sep 21, 2023
US dollar rate index news: The U.S. central bank, however, stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses.
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Dollar holds steady, yuan rises on better-than-expected China data
Fri, Sep 15, 2023
US dollar rate index news: The dollar was on the front foot in Asia on Friday, retaining overnight gains against peers after strong U.S. economic data and an ECB rate hike, with traders' attention warily turning to a data deluge from China. U.S. retail sales received a boost from higher gasoline prices.
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Dollar hovers above 3-month low to euro as ECB decision looms
Thu, Sep 14, 2023
US dollar rate index news: Australia's dollar popped to a one-week high after strong employment figures, but then quickly retraced most of the advance as the data showed the vast majority of new jobs were part-time. The U.S. dollar index - measuring the currency against a basket of six developed-market peers, including the euro and yen - edged 0.1 per cent lower to 104.63 in the Asian morning.
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Yen stands tall, dollar finds floor ahead of US inflation
Tue, Sep 12, 2023
The U.S. dollar reversed some of its close to 0.5 per cent loss against a basket of currencies on Monday. The Aussie was last 0.12 per cent lower at $0.6423 while the New Zealand dollar fell 0.14 per cent to $0.5911, having been among the biggest beneficiaries against a weaker greenback on Monday and gaining 0.8 per cent and 0.6 per cent, respectively.
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Dollar on course for its longest weekly winning streak since 2014
Fri, Sep 08, 2023
US dollar rate index news: The dollar was headed for its longest weekly winning streak in nine years on Friday, bolstered by a resilient run of U.S. economic data that has also put the end of the Federal Reserve's rate-hike cycle into question.
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Dollar firm on growth worries, fragile yen draws warning
Wed, Sep 06, 2023
US dollar rate index news: The dollar perched near a six-month peak on Wednesday as jitters over China and global growth dragged on risk sentiment, while the yen was close to a 10-month low, drawing the strongest warning since mid-August from Japan's top currency diplomat.
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Dollar loiters at two-month peak ahead of Powell speech
Fri, Aug 25, 2023
US dollar rate index news: The U.S. dollar sat at an over two-month peak on Friday, on course for its sixth straight week of gains as markets await a speech from Federal Reserve Chair Jerome Powell to gauge the path of monetary policy.
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Rupee Vs Dollar: Rupee rises 19 paise to close at 82.94 against US dollar
Tue, Aug 22, 2023
Rupee Vs Dollar: The rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar on Tuesday, as the American currency retreated from its elevated levels.
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Dollar gains intact as China disappoints, traders eye Jackson Hole
Mon, Aug 21, 2023
US dollar rate index news: The dollar gained 0.7 per cent on the euro last week, inched ahead on the yen and surged by more than 1 per cent on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.
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Dollar shines on US economic resilience; Aussie tumbles after employment data
Thu, Aug 17, 2023
US dollar rate index news: The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy underscored the need for higher-for-longer interest rates, while a strikingly ultra-dovish Bank of Japan struggled to defend its policy stance.
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Dollar ticks higher versus yen, China fears drag on yuan
Thu, Aug 17, 2023
US dollar rate index news: The Japanese yen further weakened against the dollar on Wednesday, hovering in a zone that last year triggered intervention, while the yuan slipped to a nine-month low as fears mounted about the extent of China's slowdown.
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Dollar hits highest in more than a month on China economy concerns
Tue, Aug 15, 2023
US dollar rate index news: The U.S. dollar hit more than a one-month high on Monday as investors sought a safe haven due to concerns about China's economy, and traders braced for possible Japanese government intervention after the yen hit its lowest level since November.
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US dollar recovers from inflation-related losses; yen slumps
Fri, Aug 11, 2023
US dollar rate index news: The dollar reversed losses on Thursday, led by gains against the yen, as investors digested U.S. inflation numbers that showed a moderate increase last month, but are still way above the Federal Reserve's 2 per cent inflation target.
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US dollar inches lower ahead of inflation report
Thu, Aug 10, 2023
US dollar rate index news: The U.S. dollar drifted lower on Wednesday in thin rangebound trading, with investors looking ahead to Thursday's U.S. consumer prices report for indications on where the Federal Reserve's monetary policy is headed.
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US dollar gains as Fed comments on more rate hikes lend support
Tue, Aug 08, 2023
US dollar rate index news: The dollar rose against major currencies on Monday, broadly supported by Federal Reserve officials saying additional interest rate hikes are likely given that inflation remains persistently high and the labor market is still tight.
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Corrosion leads to losses worth USD 110 billion in India annually: ISSDA
Fri, Aug 04, 2023
As India moves towards a USD 5 trillion economy goal, dealing with a challenge like corrosion in projects should be a key focus area, Rajamani Krishnamurti, president of Indian Stainless Steel Development Association (ISSDA) said.
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Rupee Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar
Wed, Aug 02, 2023
Rupee Vs Dollar: The rupee fell 38 paise to settle at 82.60 (provisional) against the US dollar on Wednesday on weak domestic equities and elevated crude prices in international markets. Rupee is trading in a negative note on risk aversion in global markets and weak Asian currencies
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