DOLLAR SLIPPED
HDFC Bank drags Sensex 500 points lower, Nifty slips below 24,200
Indian equity indices decline due to HDFC Bank's disappointing Q1 update, with Sensex dropping over 500 points. Experts anticipate potential Fed rate cuts based on US jobs data. Global markets remain positive on U.S. rate cut expectations. Oil prices hold near recent highs. Rupee strengthens against the dollar.
Yen slides to fresh lows as Japan authorities stick to sidelines
The Australian dollar rose on retail sales data, suggesting a Reserve Bank rate hike, while China's yuan hit an eight-month low due to local authorities' currency tolerance.
Dollar on the defensive amid lower yields, yen hovers near 38-year trough
The dollar weakens after Powell's dovish U.S. bond yield comments, amid potential Japanese intervention during U.S. holiday. Concerns over Biden presidency and easing long-term Treasury yields persist, as local inflation remains steady and the Australian dollar sees a rise.
US yields lift dollar and leave yen languishing
Market anticipation grows for potential Australian interest rate hikes, with ING economist Rob Carnell leaning towards forecasting a hike at the August meeting.
Euro rises after France's first-round vote, yen struggles
Recent events in France and Japan, along with global economic indicators, influence currency movements and central bank policies worldwide, reflecting uncertainties in the financial landscape.
Dollar hits 38-year high vs yen; stocks mixed
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, gained 0.31% at 106.00, with the euro down 0.25% at $1.0686.
- Go To Page 1
Steady dollar sends yen to the brink of 160
Market dynamics shift as USD/JPY nears significant levels, affecting currency movements and trade volumes. Analysts closely monitor key economic indicators for potential policy shifts amid global uncertainties.
Dollar flirts with key 160 yen level as intervention risk looms
The yen near 160 per dollar kept traders alert for Japanese authorities' intervention. Bitcoin suffered losses due to outflows from exchange-traded funds (ETFs). The dollar edged higher at 159.64 yen, close to the level prompting a massive intervention by Tokyo in April-May.
Bitcoin slips below $65,000 amid stronger US Dollar; BNB, Shiba Inu drop over 3%
On Friday, major cryptocurrency tokens experienced declines amidst a strengthening U.S. dollar, which reached an eight-week high. The Federal Reserve's cautious stance on interest rate cuts diverged from more accommodative approaches taken by other central banks.
China's yuan slips to fresh 7-month lows as outflows mount
China's yuan dips to a fresh seven-month low against the dollar due to portfolio outflows and speculation about the central bank's actions.
Rupee slips 1 paisa to settle at 83.44 against US dollar
The rupee paired its initial gains and settled 1 paisa lower at 83.44 (provisional) against the US dollar on Wednesday in sink with the domestic equity markets that turned choppy at the fag-end of the session.
Gold slips as investors await clues on US rate cuts
Gold prices fell on Monday as the U.S. dollar held firm, while investors looked forward to economic data and comments from Federal Reserve officials for clarity on the rate cut timeline.
10-year benchmark sovereign bond yield slips below 7% as inflation cools in India and US
Yield on the 10-year securities retreated to 6.98% Thursday after India's retail inflation eased to a one-year low of 4.75% in May, as against an 11-month low of 4.83% the previous month.
Rupee ends flat; state-run banks' dollar sales aid, forward premiums slip
The Indian rupee closed nearly unchanged on Thursday as pressure due to dollar demand from local corporates was blunted by state-run banks' dollar offers, likely on behalf of the Reserve Bank of India, traders said.
Dollar slips on cooler US inflation; yen fragile ahead of BOJ
Asian currencies were strong against a weaker dollar due to U.S. inflation concerns. The yen faced pressure ahead of the Bank of Japan meeting and as Fed policymakers hinted at maintaining high rates.
Rupee ends at record low vs US dollar as Asian peers slip
The Indian currency has been hovering near its record low of 83.5750, a level it reached in April. However, regular market intervention by the Reserve Bank of India has helped to curb further decline, according to traders. Last week's trading was notably volatile due to the national election results, prompting increased hedging activity from importers and exporters, as indicated by data from a local clearing house.
Oil slips on dollar's strength from US jobs data
Oil prices slipped on Monday due to a stronger dollar and delayed interest rate cuts following strong U.S. jobs data. Developments in Iraq, including progress in oil export talks with the Kurdistan region, impacted market sentiment.
Euro slips to one-month low as Macron calls French election
The euro fell as French President Emmanuel Macron called a shock election after far-right gains in European Parliament elections. U.S. nonfarm payrolls data showed job growth exceeding expectations, impacting Fed rate cut expectations.
Rupee slips on importer dollar demand, forward premiums inch up
The dollar index slipped below the 104.5 mark, extending its losses from Monday, while most Asian currencies ticked up, with the Korean won up 0.4% and leading gains.
Gold loses momentum on ebbing rate cut speculation
Gold prices rose on Friday as the dollar slipped, but were heading for their worst week in five and a half months due to hopes of U.S. central bank interest rate cuts affecting Western investors' interest. Spot gold rose 0.2% to $2,332.77 per ounce as of 1:54 p.m. ET (1754 GMT) as the U.S. dollar index slipped 0.4%.
Gold slips to over one-week low on hawkish Fed, US data
Gold prices fell on Thursday due to concerns over U.S. rate cut timings and strong U.S. business activity, with spot gold declining 1.4% to $2,346.07 per ounce. This was its lowest since May 14, as of 1557 GMT.
Rupee ends slightly higher even as most Asian currencies slip
"Think we'll see it drift lower towards 83.50 again," a foreign exchange trader at a foreign bank said, adding that weakness beyond that is unlikely given the likelihood of intervention by the Reserve Bank of India.
Dollar slips as market awaits key inflation data
The dollar slid versus most major currencies on Monday amid expectations key U.S. data this week will show a slowing pace of inflation and consumer spending at a time of recovering European economies that also could be bolstered by interest rate cuts.
Rupee ticks up on foreign banks' dollar sales; forward premiums slip
The currency slipped to a record low of 83.5750 on Friday but recovered on the back of heavy intervention from the Reserve Bank of India (RBI), traders said.
Gold slips as dollar, bond yields firm after Fed official comment
The dollar was up 0.1% against its rivals, making gold more expensive for other currency holder, while yields on 10-year Treasury notes also rose.
Dollar slips, yen steady after Japanese finance minister comments
The dollar dipped on Tuesday as traders waited on a fresh catalyst to give clues on Federal Reserve policy, while the yen was steady after Japan's finance minister said that he would not rule out any measures to cope with the weakening currency.
Dollar slips as Fed stays the course; Aussie jumps on jobs data
The Australian dollar jumped after data on Thursday showed employment rebounded sharply in February and the jobless rate dived far below forecasts, pointing to a still-tight labour market there.
Gold slips on stronger dollar; focus on Fed rate verdict, Powell comments
Gold prices drifted lower on Wednesday as the U.S. dollar firmed, while traders awaited the U.S. Federal Reserve's monetary policy decision and Fed Chair Jerome Powell's remarks for more clues on prospects of rate cuts.
Dollar slips vs euro as ECB keeps rates steady
The dollar fell against the euro as the ECB kept rates steady. The U.S. currency extended its decline after Fed Chair Powell's statement. The ECB discussed dialing back their stance. Unemployment claims in the U.S. remained unchanged. The yen strengthens due to speculation of a rate hike. The yuan remains stable. The pound rises due to tax cuts.
Load More
