YUAN
Rupee inches higher tracking gains in most Asian peers The Indian rupee reached 83.4625 against the U.S. dollar, aided by a weaker dollar index and gains in yen and yuan. Brent crude prices eased. The U.S. jobs report and bond yields will impact Federal Reserve rate forecasts. Importers' hedging may lim...
05 Jul, 2024, 10.06 AM ISTRupee nearly flat wedged between yuan weakness, dip in US bond yields Indian rupee's stability faces uncertainty pending the release of Fed's policy meeting minutes and U.S. ADP employment data for potential impact on future U.S. policy rates.
03 Jul, 2024, 10.31 AM ISTRupee ends lower pressured by weaker yuan, importer dollar bids Rupee under pressure as economy cools and FX reserves build up. Investors expect U.S. rate cuts, impacting rupee. Despite importers' dollar demand, rupee may strengthen with inflows. Interest rate futures hint at rate cuts ahead, influencing market ...
02 Jul, 2024, 03.45 PM IST- ADVERTISEMENT
China's yuan slumps to seven-month low on weaker guidance Markets react to the Federal Reserve's uncertain policy outlook as the dollar's index strengthens. JOLTS job openings data release creates anticipation in the market, impacting offshore yuan's trading, marking a volatile market sentiment.
02 Jul, 2024, 10.30 AM ISTUS 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.
02 Jul, 2024, 08.07 AM ISTEuro 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.
01 Jul, 2024, 07.31 AM ISTChina's yuan eases to 7-month low on weak fixing, hawkish Fed The yuan weakens against the dollar due to central bank guidance and speculation on USDCNY pair. Federal Reserve's hawkish stance delays interest rate cuts. Foreign investors avoid China's struggling stock market, impacting the offshore yuan. The do...
26 Jun, 2024, 01.39 PM ISTSteady 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.
26 Jun, 2024, 07.24 AM ISTChina's yuan eases to 7-month low on PBOC's weak guidance China's yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides official fixing weaker amid capital outflows and speculation of yuan depreciation.
25 Jun, 2024, 09.30 AM ISTChina's yuan steady near 7-month lows as traders eye yen and data China's yuan weakens against the dollar as foreign investors avoid the stock market. Analysts suspect currency manipulation by Beijing to maintain stability and competitiveness.
24 Jun, 2024, 10.21 AM ISTChina'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.
21 Jun, 2024, 10.58 AM ISTRupee at new low of 83.65 on strength in greenback The Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Reserve Bank of India intervened but refrained from significant action. The Chinese Yuan's weakness and corporate...
21 Jun, 2024, 07.40 AM ISTDollar firm as euro wallows; yuan brushes aside China data The dollar remains strong as the euro nears a one-month low amid concerns in Europe. China's economic data suggests an uneven recovery. Political turmoil in Europe affects the euro, benefiting the dollar indirectly.
17 Jun, 2024, 08.53 AM ISTDollar set for weekly gain as rate cut bets ebb The dollar is on track for its largest weekly gain in a month and a half, supported by strong U.S. economic data and a hawkish stance in Federal Reserve minutes.
24 May, 2024, 07.24 AM ISTDollar regains momentum as yen struggles The yen was last little changed at 154.75 per dollar, edging away from its peak of 151.86 hit last week on the back of suspected intervention from Japanese authorities to prop up the sliding currency.
08 May, 2024, 07.49 AM ISTRupee ends weaker pressured by oil cos' dollar buys, forward premiums inch up The Indian rupee ended lower on Monday as dollar demand from local oil companies and other importers, pressured the local currency even as most of its Asian peers gained.
06 May, 2024, 03.45 PM ISTDollar a tad softer as markets wait for Fed It had moved nearly 3.5 yen between 158.445 and 154.97 on Friday as traders vented their disappointment after the Bank of Japan kept policy settings unchanged and offered few clues on reducing its Japanese government bond (JGB) purchases - a move th...
29 Apr, 2024, 07.57 AM ISTChina's yuan hits 5-month low, strong official fix limits losses Earlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system through the bond instrument.
15 Apr, 2024, 09.25 AM ISTJapan warns of action against excessive yen volatility Suzuki stopped short of threatening to take "decisive action" against excessive moves, language the minister used last week when the yen slumped to a 34-year low, suggesting officials are keeping their powder dry as they watch how currency moves pla...
02 Apr, 2024, 08.08 AM ISTShort yuan-long rupee trades catch the eye, RBI unlikely to stay on sidelines "I have also noticed that since the beginning of the year, there has been a lot of interest in buying Indian rupees, not against the US dollar but against some of the other Asian currencies, especially the RMB (Chinese currency)," said Patrick Law, ...
29 Mar, 2024, 02.19 PM IST