Thu, Sep 12, 2024
The ECB revised its 2024 growth forecast to 0.8 per cent from 0.9 per cent citing “weaker contribution from domestic demand" in the next few quarters.
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Thu, Jun 27, 2024
Under this Framework, the Reserve Bank of India would enter bilateral swap agreements with the central banks of SAARC countries, who want to avail of the swap facility.
Thu, Jan 04, 2024
Morgan Stanley has moved to neutral on the dollar, having earlier been bullish.
Wed, May 31, 2023
The US dollar oscillated in trading after U.S. President Joe Biden and Republican House Speaker Kevin McCarthy on Sunday signed off on an agreement to temporarily suspend the U.S. debt ceiling and cap some federal spending in order to prevent a debt default.
Tue, May 30, 2023
The dollar index, which measures the US unit's value against a basket of other major currencies, was also a touch softer around 104.23 but not far from last week's two-month peaks.
Sat, May 27, 2023
The U.S. dollar index , which tracks the currency against six major counterparts, was last down 0.038% on the day at 104.170%.
Fri, May 26, 2023
The dollar index rose 0.433% at 104.280 after hitting 104.31, its highest since March 17. The four-day streak of gains would mark the longest since late February.
Thu, May 25, 2023
The dollar index, which tracks the U.S. currency against six major peers, earlier hit 103.91, its highest since March 20. The index last rose 0.319% at 103.86.
Wed, May 24, 2023
The dollar index, which measures the U.S. currency against a basket of major peers, reached 103.65, the highest since March 20, and was last at 103.55.
Tue, May 23, 2023
The dollar index, which measures the greenback against six other major currencies, was up 0.15% at 103.17, hovering below last week's high of 103.63, a level last seen on March 20.
Sat, May 20, 2023
The dollar index fell 0.4% to 103.08, after hitting seven-week peaks the previous session. On the week, the dollar posted a 0.6% gain. The euro rose 0.3% to $1.0806, posting a weekly fall of 0.8%.
Thu, May 18, 2023
The dollar index, a measure of the greenback's value against six major currencies, climbed as high as 103.12 , its strongest level since late March. It was last up 0.3% at 102.85.
Wed, May 17, 2023
The dollar index, a measure of the greenback's value against six major currencies, was up 0.2% on the day at 102.61 . Against the yen, the greenback rose 0.2% to 136.315 yen
Tue, May 16, 2023
The dollar index, which measures the greenback's value against six major currencies, fell 0.3% to 102.40. Earlier in the session, the dollar touched a five-week high of 102.75.
Fri, May 12, 2023
The dollar index, which tracks the U.S. currency against six major peers, rose 0.7% to 102.06, its highest showing in more than a week.
Wed, May 10, 2023
The dollar index, which measures the currency against six rivals, pared gains that took it to a nearly one-week high earlier in the session, and was last seen at 101.63 or up 0.2% in afternoon trading.
Tue, May 09, 2023
The dollar index, which measures the currency against six rivals, rose 0.08% to trade at 101.38, a better showing than the one-year low of 100.78 reached last month.
Thu, May 04, 2023
The Fed did not explicitly commit to ending its hiking cycle, helping to lift the dollar off session lows reached immediately after the central bank released its meeting statement.
Tue, Apr 25, 2023
US Fed policymakers are widely expected to raise rates by another 25 bps at next week's meeting, but they are seen pausing in June. The rate futures market has also factored in roughly 50 bps of rate cuts by the end of the year.
Sat, Apr 22, 2023
The US dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world's largest economy remained resilient, supporting expectations of another 25-basis-point interest rate hike by the Federal Reserve at next month's policy meeti
Thu, Apr 20, 2023
The dollar index, which tracks the currency against a basket of its peers, was up 0.206% as markets turn more skeptical that the Federal Reserve will cut rates later this year.
Wed, Apr 19, 2023
China's gross domestic product (GDP) grew 4.5 per cent year on year in the first three months of the year, data showed after the end of COVID-19 restrictions lifted the world's second-largest economy.
Thu, Sep 08, 2022
He noted that this tendency pushes Russia and many other nations to switch to other currencies, most notably the Chinese yuan.
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