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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 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.

Dollar falls with Treasury yields on views of looming US rate cuts

Dollar falls with Treasury yields on views of looming US rate cuts

Thu, Mar 07, 2024

US dollar rate index news: The US dollar eased on Thursday and hit a one-month low against the yen as traders zeroed in on the idea that US interest rates were likely to fall this year even after some upside surprises on inflation.

Currency market update | Dollar steady ahead of Powell testimony

Currency market update | Dollar steady ahead of Powell testimony

Wed, Mar 06, 2024

US dollar rate index news: The US dollar was largely steady on Wednesday, as traders avoided making large bets ahead of congressional testimony from Federal Reserve Chair Jerome Powell.

Dollar a spectator to China news, yen ponders rate risks

Dollar a spectator to China news, yen ponders rate risks

Tue, Mar 05, 2024

US dollar rate index news: The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a step closer to the end of negative interest rates.

Dollar steady as traders ponder Fed rate cut bets

Dollar steady as traders ponder Fed rate cut bets

Fri, Mar 01, 2024

US dollar rate index news: The dollar was steady on Friday after data showed US inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level.

Dollar firm with eyes on PCE data, kiwi drops as RBNZ holds rates

Dollar firm with eyes on PCE data, kiwi drops as RBNZ holds rates

Wed, Feb 28, 2024

US dollar rate index news: The US dollar held steady as traders brushed off manufactured goods data overnight and awaited the Federal Reserve's preferred measure of inflation for clues on when the US central bank may start cutting interest rates.

Dollar droops as key US data looms; yen firms on CPI beat

Dollar droops as key US data looms; yen firms on CPI beat

Tue, Feb 27, 2024

US dollar rate index news: The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key US economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates.

Dollar firms ahead of busy data week with US inflation in focus

Dollar firms ahead of busy data week with US inflation in focus

Mon, Feb 26, 2024

US dollar rate index news: The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a US inflation reading taking centre stage.

Dollar dips, data stays in focus for Fed clues

Dollar dips, data stays in focus for Fed clues

Fri, Feb 23, 2024

US dollar rate index news: The dollar index dipped on Thursday but came off of a three-week low as investors waited on new data catalysts for clues on when the US Federal Reserve is likely to begin cutting interest rates.

Dollar rangebound, an array of PMI data awaited

Dollar rangebound, an array of PMI data awaited

Thu, Feb 22, 2024

Flash Purchasing Managers' Index (PMI) figures across the US, the UK and the euro zone are due later in the day and will provide further clarity on their respective manufacturing and service sectors.

Dollar tracks global yields lower; sterling heavy

Dollar tracks global yields lower; sterling heavy

Wed, Feb 21, 2024

The greenback slipped below 150 yen in early Asia trade and last bought 149.93 yen, giving the Japanese currency some breathing space having been pinned near a three-month low in previous sessions.

Dollar firms past 150 yen as US, Japan rates outlook diverge

Dollar firms past 150 yen as US, Japan rates outlook diverge

Tue, Feb 20, 2024

US dollar rate index news: In the broader market, the dollar edged higher, though moves were largely subdued due to Monday's holiday in the United States for Presidents' Day.

Dollar steady as sticky inflation dents rate cut expectations

Dollar steady as sticky inflation dents rate cut expectations

Mon, Feb 19, 2024

US dollar rate index news: In early trade on Monday, the yen strengthened 0.20 per cent to 149.94 per dollar but remains down 6 per cent for the year, while against the euro yen hovered around three-month lows of 161.925.

Yen near 10-week low, dollar buoyant as traders adjust rate bets

Yen near 10-week low, dollar buoyant as traders adjust rate bets

Fri, Feb 09, 2024

US dollar rate index news: The dollar index - which measures the currency against six major peers - was steady at 104.15, having gained 0.1 per cent on Thursday after fresh data pointed to the resilience of the US labor market, dealing another blow to bets for early Fed rate cuts.

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