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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

Dollar hovers near 7-week high as Fed cut bets shift to May

Dollar hovers near 7-week high as Fed cut bets shift to May

Thu, Feb 01, 2024

US dollar rate index news: The US dollar index, which measures the currency against a basket of six major peers including the euro and yen, slipped 0.07 per cent to 103.54 in early Asian trading, giving back a little of Wednesday's 0.19 per cent advance.

Dollar eyes monthly gain as markets look to Fed

Dollar eyes monthly gain as markets look to Fed

Wed, Jan 31, 2024

US dollar rate index news: The dollar headed for its biggest monthly gain since September and the yen for its sharpest drop in nearly a year on Wednesday, as traders waited on a U.S. rates decision to round out January.

Dollar keeps tight ranges ahead of Fed, jobs data

Dollar keeps tight ranges ahead of Fed, jobs data

Tue, Jan 30, 2024

US dollar rate index news: The dollar held narrow ranges against its major peers on Tuesday, as traders awaited the Federal Reserve's monetary policy decision for clues on when the US central bank might cut rates.

Dollar steady in cautious start to busy data, Fed week

Dollar steady in cautious start to busy data, Fed week

Mon, Jan 29, 2024

US dollar rate index news: The dollar started the week on a steady footing as investors took stock of US economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check.

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Fri, Jan 26, 2024

US dollar rate index news: The US dollar held firm on Friday after rising overnight, as traders weighed how domestic GDP data that surprised to the upside would impact the Federal Reserve's rate path and awaited key inflation data later in the day.

US dollar falls ahead of GDP, inflation data; Fed in focus

US dollar falls ahead of GDP, inflation data; Fed in focus

Thu, Jan 25, 2024

US dollar rate index news: The US dollar dropped on Wednesday, taking a breather from recent gains, as investors consolidated positions and looked to economic data this week and the Federal Reserve policy meeting next week for more clues about the start of the easing cycle.

Dollar hovers near 6-week high on Fed view; yen edges up after BOJ

Dollar hovers near 6-week high on Fed view; yen edges up after BOJ

Wed, Jan 24, 2024

US dollar rate index news: The dollar hovered near a six-week high against major peers on Wednesday as investors cemented expectations that the Federal Reserve would be in no rush to cut interest rates in the face of a resilient US economy.

Yen bides time with BOJ in focus, dollar steady

Yen bides time with BOJ in focus, dollar steady

Tue, Jan 23, 2024

US dollar rate index news: The US dollar held broadly steady while its New Zealand counterpart slipped to a two-month low of $0.60625, pressured by strength in the greenback and China's murky economic outlook.

Dollar struggles to retain gains even as March rate cut odds recede

Dollar struggles to retain gains even as March rate cut odds recede

Mon, Jan 22, 2024

US dollar rate index news: The US dollar struggled to keep gains in early Asian trade on Monday as looming central bank decisions in Japan and Europe forced a pause in its data-spurred rally late last week.

Dollar holds near one-month peak as dovish Fed bets recede

Dollar holds near one-month peak as dovish Fed bets recede

Thu, Jan 18, 2024

US dollar rate index news: The US dollar index, which measures the currency against a basket of six rivals, traded little changed at 103.36 in the Asian morning, after reaching 103.69 on Wednesday for the first time since Dec. 13.

Dollar at one-month high as rate cut expectations ease on Fedspeak

Dollar at one-month high as rate cut expectations ease on Fedspeak

Wed, Jan 17, 2024

US dollar rate index news: The dollar index hovered at a one-month high against a basket of currencies on Wednesday as remarks by Federal Reserve Governor Christopher Waller dampened expectations for a March rate cut.

Dollar advances as traders weigh rate cut expectations, eyes on data

Dollar advances as traders weigh rate cut expectations, eyes on data

Tue, Jan 16, 2024

US dollar rate index news: The dollar was firm on Tuesday as investors assessed the chances of early and steep interest rate cuts from the Federal Reserve, ahead of a data-packed week that could influence major central banks' thinking on monetary policy.

Dollar wobbles; yuan on guard ahead of China data dump

Dollar wobbles; yuan on guard ahead of China data dump

Mon, Jan 15, 2024

US dollar rate index news: China's fourth-quarter gross domestic product (GDP), December industrial production, retail sales and unemployment rate are among the economic indicators out on Wednesday, which are likely to provide further clarity on the pace of recovery in the world's second-largest economy.

Dollar steady as markets assess higher-than-expected US CPI

Dollar steady as markets assess higher-than-expected US CPI

Fri, Jan 12, 2024

US dollar rate index news: The dollar held steady against peer currencies on Friday, as investors weighed higher-than-expected US consumer price inflation against market bets that the Federal Reserve will cut rates as soon as March.

Dollar steady as traders brace for US inflation data

Dollar steady as traders brace for US inflation data

Wed, Jan 10, 2024

US dollar rate index news: The dollar was steady on Wednesday in cautious trading ahead of US inflation data due later this week that is likely to influence the Federal Reserve's policy.

Dollar holds ground as US inflation data looms

Dollar holds ground as US inflation data looms

Mon, Jan 08, 2024

US dollar rate index news: The yen struggled near the 145 per dollar level pressured by a broad bounce in the dollar, while the Australian and New Zealand dollars were nursing losses having fallen sharply last week amid cautious risk sentiment.

Dollar set for strongest week since July on reduced rate cut bets

Dollar set for strongest week since July on reduced rate cut bets

Fri, Jan 05, 2024

US dollar rate index news: US private employers hired more workers than expected in December, data showed on Thursday, pointing to persistent strength in the labour market that should continue to sustain the economy.

Dollar rebounds as traders rethink Fed rate cut expectations

Dollar rebounds as traders rethink Fed rate cut expectations

Thu, Jan 04, 2024

US dollar rate index news: The dollar edged higher on Thursday as investors reassessed their expectations of the scale of rate cuts by the Federal Reserve this year, with an air of caution hanging over markets after an impressive risk rally last month.

Dollar edges higher as risk rally hits pause

Dollar edges higher as risk rally hits pause

Wed, Jan 03, 2024

US dollar rate index news: The dollar rose broadly on Wednesday and stood near a two-week high against its major peers, underpinned by a confluence of factors including elevated US Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street.

Dollar starts 2024 steady, focus switches to data

Dollar starts 2024 steady, focus switches to data

Tue, Jan 02, 2024

US dollar rate index news: The dollar was steady on the first trading day of the year as traders weighed the prospect of steep interest rate cuts from the Federal Reserve in 2024 and looked to economic data this week for clues on the central bank's next moves.

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