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Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Thu, Nov 21, 2024

Rupee Vs Dollar: The rupee hit a record low against the US dollar in the second half of trading. The domestic currency opened at 84.42 against the US dollar and later plunged to a record low of 84.46 per dollar, marking a significant decline.

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Mon, Oct 21, 2024

The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Thu, Oct 17, 2024

The rupee opened at 84.01 against the greenback at the interbank foreign exchange.

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Dollar takes a breather as investors ponder US rates outlook

Dollar takes a breather as investors ponder US rates outlook

Thu, Apr 18, 2024

US dollar rate index news: The dollar was soft on Thursday as traders assessed the US interest rates outlook in the wake of comments from Federal Reserve officials that cemented expectation of monetary settings remaining restrictive for a while longer.

Dollar steady, yen fragile after Fed comments dash rate cut bets

Dollar steady, yen fragile after Fed comments dash rate cut bets

Wed, Apr 17, 2024

US dollar rate index news: The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome Powell, suggested US interest rates are likely to stay higher for longer.

Dollar firms after hot retail sales, yen languishes; China data awaited

Dollar firms after hot retail sales, yen languishes; China data awaited

Tue, Apr 16, 2024

US dollar rate index news: The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected US retail sales.

Dollar stands tall as US rate-cut bets recede

Dollar stands tall as US rate-cut bets recede

Mon, Apr 15, 2024

US dollar rate index news: The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high US interest rates gave support.

Yen crumbles under towering dollar and US Treasury yields

Yen crumbles under towering dollar and US Treasury yields

Fri, Apr 12, 2024

US dollar rate index news: The yen struggled to break away from a 34-year low on Friday and was headed for a weekly decline, while the dollar hovered near a five-month high alongside US Treasury yields as traders heavily scaled back bets for a slew of US rate cuts this year.

Dollar firms, yen skids as Fed cut wagers crumble

Dollar firms, yen skids as Fed cut wagers crumble

Thu, Apr 11, 2024

US dollar rate index news: The dollar was firm on Thursday after hotter-than-expected US inflation data squashed lingering expectations of the Fed starting its rate-cutting cycle in June, while the yen languished at the levels last seen in the middle of 1990.

Dollar sideways, yen under watch ahead of key CPI release

Dollar sideways, yen under watch ahead of key CPI release

Wed, Apr 10, 2024

US dollar rate index news: The dollar consolidated on Wednesday as investor attention fixed on a key inflation report due out of the US later in the day, while the yen remained pinned a whisker away from what markets believe to be the line in the sand for Japanese authorities to intervene.

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.

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.

Oil prices advance as investors reassess US inventories data

Oil prices advance as investors reassess US inventories data

Thu, Mar 28, 2024

Brent crude oil price news: Brent crude futures for May were up 29 cents, or 0.34 per cent, at $86.38 a barrel while the more actively traded June contract rose 28 cents, or 0.33 per cent, to $85.69 at 0041 GMT. The May contract expires on Thursday.

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.

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