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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 oscillates on less dovish Fed comments; China inflation data awaited

Dollar oscillates on less dovish Fed comments; China inflation data awaited

Thu, Feb 08, 2024

US dollar rate index news: The US dollar was trading in a tight range on Thursday as traders digested less dovish remarks from policymakers overnight and looked ahead to fresh economic data from the United States.

Dollar on defensive after pullback from nearly 3-month peak

Dollar on defensive after pullback from nearly 3-month peak

Wed, Feb 07, 2024

US dollar rate index news: The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in US bond yields adding to the drag.

Dollar firms near 3-month high as rate cut bets dwindle

Dollar firms near 3-month high as rate cut bets dwindle

Tue, Feb 06, 2024

US dollar rate index news: The dollar index , which measures the US currency against six rivals, was at 104.42, having touched 104.60 on Monday, its highest since Nov. 14. The index is up 3 per cent for the year so far after dropping 2 per cent in 2023.

Dollar scales fresh peaks as Fed cut bets recede

Dollar scales fresh peaks as Fed cut bets recede

Mon, Feb 05, 2024

The yen as well as the Australian and New Zealand dollars meanwhile tumbled to two-month lows, while the euro similarly bottomed at a more than one-month trough of $1.07675 against a stronger greenback.

Dollar poised for weekly decline; US jobs data up next

Dollar poised for weekly decline; US jobs data up next

Fri, Feb 02, 2024

US dollar rate index news: Ahead of the release, the greenback dipped against a basket of currencies, extending a 0.5 per cent fall in the previous session. The dollar index was last at 103.02 and on track for its first weekly decline for the year.

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.

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