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US Dollar News
Rupee likely to trade in narrow range of 64.10 to 64.80 this week
Sun, May 28, 2017
According to experts, the rupee is likely to move in a narrow range of 64.10-64.80 versus the dollar this week on expectation of sustained foreign institutional investor (FII) inflows but will witness pressure due to month-end demand for the US dollar from oil importers.
India's foreign exchange reserves surge by over $4 billion
Sat, May 27, 2017
The foreign exchange (Forex) reserves of India have risen by over $4 billion as on May 19 this year.
Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts
Sat, May 20, 2017
The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.
Indian equities bullish on IMD forecast, indices scale record highs
Sat, May 13, 2017
The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.
Nifty crosses 9,400: Five reasons why
Wed, May 10, 2017
Sameet Chavan Chief Analyst- Technical & Derivatives, Angel Broking said, "Finally, after two weeks of consolidation, the Nifty reached yet another milestone and has managed to close almost at the highest point ever. Now, if we meticulously observe the daily chart, a ‘Bullish Flag’ pattern is clearly visible."
Global shipments of personal computers fall 2.4% in first quarter of 2017: Gartner
Wed, Apr 12, 2017
Gartner on Wednesday said the worldwide PC shipments for the first time in a decade fell 2.4% to 62.2 million units in Q1 of 2017 on account of decline in consumer demand.
IT companies likely to report stable earnings in fourth quarter of FY17: Experts
Tue, Apr 11, 2017
According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.
Strength in Dollar in comparison to major currencies
Mon, Apr 10, 2017
Strength in Dollar in comparison to major currencies. Watch this special segment and get to know more here.
Global IT spending likely to grow 1.4% to $3.5 trillion in 2017: Gartner
Mon, Apr 10, 2017
Gartner on Monday said the global IT spending is projected to grow 1.4% to $3.5 trillion in 2017 on account of rise in US dollar.
Dollar extends gains after strong US data, Asia stocks subdued
Fri, Mar 31, 2017
Japan`s Nikkei jumped 0.5% after Japanese core consumer prices rose 0.2% in February.
Improvement in Dollar index from the lower levels of four months
Wed, Mar 29, 2017
Improvement in Dollar index from the lower levels of four months. Watch this special segment and get to know more here.
Rupee hits near 1-1/2 year high; bonds rally, shares fall
Mon, Mar 27, 2017
The rupee hit a nearly 1-1/2 year high against the dollar on Monday, tracking gains in Asian currencies after U.S. President Donald Trump`s failure to pass a healthcare reform bill raised concerns about the chances of a U.S. fiscal stimulus.
Rupee recovers 5 paise against US dollar in early trade
Fri, Mar 24, 2017
Indian rupee has recovered by five paise against the US dollar to 65.47 in the early trade on Friday on account of fresh selling of American currency by exporters and banks amide higher opening in the domestic equity market.
Rupee strengthens by 5 paise against dollar in early trade
Thu, Mar 23, 2017
Indian rupee has strengthened by five paise to 65.39 per dollar in early trade on Thursday on some selling of the US currency by exporters and banks.
Sensex, Nifty trade positive; Axis Bank up 1.27%
Thu, Mar 23, 2017
HDFC Securities said, "Markets are likely to open with a tinge of green this morning after a large sell off yesterday. We are expecting nifty to find buying support near 8980-9020 range. Mid caps and small caps are the ponds where we will find more fish. Stocks like Hindustan zinc who have announced large interim dividend will be in limelight."
Asian shares near 15-month high, dollar soft on less hawkish Fed
Tue, Mar 21, 2017
Japan`s Nikkei dropped 0.8%, weighed by financial stocks, which were hurt by lower U.S. yields and exporter stocks, which fell on the yen`s gains against the dollar.
Exporters sit with bated breath as Rupee outshines peer currencies
Fri, Mar 17, 2017
Vinod Nair, Head Of Research at Geojit Financial Services said, "Risk will emerge if we continue to outperform other EMs in the long-term, whereas this is an intermediary phenomenon led by strong FIIs inflow post the overwhelming state election result which will stabilise in the near-term."
Gold falls below key level of $1,200 ahead of US jobs data, stronger dollar
Fri, Mar 10, 2017
Prices of gold dropped below the key level of $1,200 an ounce on Friday to hit their lowest in over five weeks on back of a stronger US dollar ahead of US jobs data later in the day.
Rupee gains four paise against dollar in early trade
Fri, Mar 10, 2017
Indian rupee has gained four paise against the US dollar to 66.67 in early trade on Friday at the Forex market.
US President Donald Trump calls Chinese ''grand champions'' of currency manipulation
Fri, Feb 24, 2017
US President Donald Trump declared China the "grand champions" of currency manipulation on Thursday.