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Rupee turns flat at 84.42 against US dollar in early trade

Rupee turns flat at 84.42 against US dollar in early trade

Thu, Nov 21, 2024

At the interbank foreign exchange, the rupee opened at 84.41 and slipped further to 84.42 against the greenback, trading at its previous closing level in early deals.

Currency Market News, October 24: Rupee turns flat at 84.07 against US dollar

Currency Market News, October 24: Rupee turns flat at 84.07 against US dollar

Thu, Oct 24, 2024

The local currency has been struggling to recover since October 11, when it closed at its lowest level of 84.10 against the dollar.

Currency Market News: Rupee trades in narrow range against US dollar

Currency Market News: Rupee trades in narrow range against US dollar

Tue, Oct 15, 2024

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range.

TRENDING NOW

Yen feels the heat as US Treasury yields climb

Yen feels the heat as US Treasury yields climb

Tue, Apr 09, 2024

US dollar rate index news: The dollar was tentative on Tuesday as it failed to get a meaningful boost from a rise in US Treasury yields, though that kept pressure on the yen which languished near multi-decade lows and left traders on alert for any signs of intervention.

Light wind in dollar's sails after bumper US payrolls

Light wind in dollar's sails after bumper US payrolls

Mon, Apr 08, 2024

US dollar rate index news: The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to US inflation data after the big payrolls number last week, and as Treasury yields reached for December highs.

Dollar steady ahead of jobs data; yen hits two-week high

Dollar steady ahead of jobs data; yen hits two-week high

Fri, Apr 05, 2024

US dollar rate index news: The US dollar held steady against peer currencies on Friday after rebounding from a two-week low, as traders braced for a key jobs report due later in the day and grew cautious over tensions in the Middle East.

Dollar takes a breather ahead of US jobs data

Dollar takes a breather ahead of US jobs data

Thu, Apr 04, 2024

US dollar rate index news: The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest US labour market readout.

Dollar firms while yen pinned near 152

Dollar firms while yen pinned near 152

Wed, Apr 03, 2024

US dollar rate index news: The dollar was on the front foot on Wednesday, pinning the yen near its lowest its decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency.

Currency Derivatives Shock: Is This The End? New Trading Terms Explained!

Currency Derivatives Shock: Is This The End? New Trading Terms Explained!

Tue, Apr 02, 2024

Shock to Currency Derivatives! THE END OF CURRENCY DERIVATIVES? Now new conditions for trading... Why are brokers and traders worried?

Dollar ascendant as Fed cut bets pared, jawboning props up yen

Dollar ascendant as Fed cut bets pared, jawboning props up yen

Tue, Apr 02, 2024

US dollar rate index news: The US dollar hovered near a 4-1/2-month high against major peers on Tuesday as traders rushed to push back bets for the Federal Reserve's first interest rate cut this year.

Dollar steady as PCE data sets up June rate cut bets; yen in focus

Dollar steady as PCE data sets up June rate cut bets; yen in focus

Mon, Apr 01, 2024

US dollar rate index news: The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervention.

Dollar firm after Fed comments; yen under close watch

Dollar firm after Fed comments; yen under close watch

Thu, Mar 28, 2024

US dollar rate index news: The US dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.

Dollar steadies, yen teeters ahead of key US inflation data

Dollar steadies, yen teeters ahead of key US inflation data

Wed, Mar 27, 2024

US dollar rate index news: The dollar steadied on Wednesday in the wake of more strong US economic data, nudging the Japanese yen closer to a test of levels that drew official market intervention back in 2022.

Intervention threat curbs dollar's ascent towards new high on the yen

Intervention threat curbs dollar's ascent towards new high on the yen

Mon, Mar 25, 2024

US dollar rate index news: The dollar was on the front foot on Monday and kept the yen pinned near a multi-decade low, though the threat of currency intervention from Japanese authorities prevented the greenback from heading further north.

Dollar steadfast as investors seek 'carry'

Dollar steadfast as investors seek 'carry'

Fri, Mar 22, 2024

US dollar rate index news: The US dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to dislodge it, as investors figure US rates are high and not falling yet.

Dollar slips as Fed stays the course; Aussie jumps on jobs data

Dollar slips as Fed stays the course; Aussie jumps on jobs data

Thu, Mar 21, 2024

US dollar rate index news: The dollar fell broadly on Thursday after the US Federal Reserve maintained its interest rate cut projections for the year in the face of upside surprises on inflation, and did not strike a more hawkish tone as some investors had feared.

Dollar steady, yen soft as BOJ policy shift beckons

Dollar steady, yen soft as BOJ policy shift beckons

Mon, Mar 18, 2024

US dollar rate index news: The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan seemingly on the brink of ending negative rates and the focus on how many rate cuts the Federal Reserve projects.

Dollar advances as US inflation data weighs on rates outlook

Dollar advances as US inflation data weighs on rates outlook

Fri, Mar 15, 2024

US dollar rate index news: The dollar was firm on Friday and set to snap a three-week losing streak as hotter-than-expected US inflation data stoked worries about when and by how much the Federal Reserve would start cutting interest rates this year.

Currency market subdued ahead of fresh US economic data

Currency market subdued ahead of fresh US economic data

Thu, Mar 14, 2024

The currency market was sedate on Thursday, with the US dollar consolidating against major peers as market players awaited more data out of the world's largest economy for clues on the direction of Federal Reserve policy.

Dollar steadies as traders weigh hotter-than-expected inflation

Dollar steadies as traders weigh hotter-than-expected inflation

Wed, Mar 13, 2024

US dollar rate index news: The US dollar held steady against a handful of rival currencies on Wednesday, as traders weighed what impact hotter-than-expected inflation data could have on chances of an interest rate cut at the Federal Reserve's June meeting.

Dollar on guard; BOJ speculation keeps yen supported

Dollar on guard; BOJ speculation keeps yen supported

Tue, Mar 12, 2024

US dollar rate index news: The dollar held broadly steady on Tuesday ahead of key US inflation data due later in the day, while the yen firmed near a one-month high on mounting expectations the Bank of Japan could exit negative interest rates as early as next week.

Yen gains as bets firm for imminent rate hike; sterling slides

Yen gains as bets firm for imminent rate hike; sterling slides

Mon, Mar 11, 2024

US dollar rate index news: The dollar index, which measures the currency against the yen and five other major rivals, stuck close to a nearly two-month low reached Friday, when monthly payrolls figures signalled a cooling US labour market, keeping the Fed on track to ease policy.

Dollar droops ahead of payrolls

Dollar droops ahead of payrolls

Fri, Mar 08, 2024

US dollar rate index news: The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates in coming months, while the yen gained on mounting speculation of a rate rise in Japan.

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