dollar sitting pretty, yen bears wary of BOJ hawks
By Wayne Cole SYDNEY (Reuters) - The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness, though Key Points
ThePrintdollar at one-year high as Trump trade momentum eclipses Fed easing view
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar revisited a one-year high against major peers on Thursday, as a fourth straight winning session from momentum sparked by Donald Trump's election Key Points
ThePrintRupee weakens to record low of 84.37 against dollar, logs worst week in 5 months
Overseas investors have pulled out over $1.5 billion from Indian stocks over November so far, adding to the $11 billion of outflows in October. Key Points
ThePrint'Trump trade' and yields keep dollar supported
By Vidya Ranganathan SINGAPORE (Reuters) - Cryptocurrency bitcoin hit a three-month high in early trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. Key Points
ThePrintdollar steady, focus on Fed path, China, Middle East
By Alden Bentley and Medha Singh NEW YORK/LONDON (Reuters) - The dollar held steady near seven-week highs against major currencies on Tuesday as investors assessed the outlook for further U.S. rate Key Points
ThePrintWall Street stocks dip, dollar rebounds as Fed readies rate cuts
By Lawrence Delevingne (Reuters) - Stocks fell and the dollar gained on Thursday after Federal Reserve minutes signaled U.S. interest rate cuts were set to begin but U.S. business activity fell to a 4 Key Points
ThePrintdollar loses ground against euro as inflation data shows cooling
By Laura Matthews and Sruthi Shankar (Reuters) - The dollar lost ground against its major peers on Wednesday, helping the euro to an eight-month peak, as the U.S.consumer price index showed inflation Key Points
ThePrintRupee rises 3 paise against US dollar
Mumbai, Aug 14 (PTI) The rupee traded in a narrow range to settle 3 paise higher at 83.94 against the American currency on Wednesday, helped by a sharp decline in the US dollar against major currencies overseas. Forex traders said a mixed-to-positive tone in the domestic market also supported the rupee. However, foreign fund outflows […] Key Points
ThePrintSafe-haven yen, Swiss franc soar as US slowdown fears flare
By Kevin Buckland TOKYO (Reuters) - The safe-haven Japanese yen and Swiss franc traded near multi-month highs against the dollar on Friday after an unexpected slump in U.S. manufacturing fuelled fears Key Points
ThePrintYen, Swiss franc near highs amid US slowdown fears; sterling swoons
By Kevin Buckland TOKYO (Reuters) -The safe-haven Japanese yen and Swiss franc traded near multi-month highs against the dollar on Friday after an unexpected slump in U.S. manufacturing fuelled fears Key Points
ThePrintRupee falls 2 paise to hit all-time low of 83.71 against US dollar
Mumbai, Jul 24 (PTI) The rupee depreciated 2 paise to hit its all-time closing low of 83.71 against the US dollar on Wednesday, weighed down by a strong dollar against major crosses overseas amid investors’ weak appetite for riskier assets. Forex traders said the increase in capital gains tax and removal of indexation benefits announced […] Key Points
ThePrintdollar rises with crypto as markets turn in favour of a Trump victory
The dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the... Key Points
The Tribune IndiaRupee rises 1 paisa to close at 83.49 against US dollar
Mumbai, Jul 5 (PTI) The rupee pared initial gains and settled for the day almost flat at 83.49 against the US dollar on Friday, as muted domestic equities and rise in crude oil prices capped gains for the local unit. At the interbank foreign exchange market, the local unit opened at 83.48 and hit the […] Key Points
ThePrintdollar edges down after US jobs data; pound firm after UK election
By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. dollar index fell slightly on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring Key Points
ThePrintYen hits 4-week low, euro dips after German inflation data
By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) -The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid Key Points
ThePrint'We are all hostage to dollar': Former RBI governor Duvvuri Subbarao on internationalisation of rupee
He acknowledged the increasing resentment against the dollar. A lot of it, according to him, was because of America's tendency to weaponise the dollar. Key Points
Business Todaydollar slips on profit taking but upbeat outlook remains
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar slipped broadly on Friday as traders booked profits after recent gains but the U.S. currency remained well-placed for further advances, supported Key Points
ThePrintdollar drifts as traders eye US inflation data; frail yen in focus
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Tuesday as investors awaited an inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering Key Points
ThePrintdollar fades after claims data, pound recovers from BoE-led low
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened against most currencies on Monday after economic data showed more signs of softening in the U.S. labor market, while the pound rebounded Key Points
ThePrintRupee plunges 17 paise to hit lowest level of 83.61 against US dollar second time in 4 weeks
Mumbai, Apr 16 (PTI) The rupee plunged 17 paise to hit its lowest level of 83.61 against the US dollar for the second time in four weeks on Tuesday, tracking negative equity markets and a strong greenback against major crosses overseas amid geopolitical tensions. Forex traders said a weak appetite for riskier assets and sustained […] Key Points
ThePrintLight wind in dollar's sails after bumper US payrolls
By Vidya Ranganathan SINGAPORE (Reuters) - The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to U.S. inflation data after the big payrolls number last week, and as Key Points
ThePrintThe dollar Is More Armored Division Than Currency
Despite predictions of a tough year, the greenback is overpowering challengers. There’s more to this supremacy than mere interest rates. Key Points
mintdollar gains before key inflation data
By Karen Brettell and Alun John NEW YORK (Reuters) -The dollar gained on the euro on Thursday before key U.S. inflation data due on Friday and as investors squared positions for month- and quarter-end Key Points
ThePrintdollar gains on euro with Fed's Waller hawkish on rates
By Karen Brettell and Alun John NEW YORK (Reuters) - The dollar gained on the euro on Thursday after a U.S. Federal Reserve policy maker said he wasn't in a hurry to cut rates, while traders also Key Points
ThePrintdollar gains as inflation data looms; yen on intervention watch
By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The dollar gained on the euro and pound on Thursday after a U.S. Federal Reserve policy maker said he wasn't in a hurry to cut rates, while Key Points
ThePrintRupee falls 4 paise to close at 83.33 against US dollar
Mumbai, Mar 27 (PTI) The rupee declined by 4 paise to close at 83.33 against the US dollar on Wednesday, tracking a strong American currency against major rivals overseas and weak Asian peers. However, foreign fund inflows, a surge in domestic markets and a decline in crude oil prices cushioned the downside, forex traders said. […] Key Points
ThePrintYen hits 34-yr low ahead of key US inflation test
By Tom Westbrook SINGAPORE (Reuters) -The dollar climbed on Wednesday in the wake of more strong U.S. economic data, nudging the Japanese yen to a 34-year low and into the zone that drew official Key Points
ThePrintRupee falls 48 paise to hit all-time low of 83.61 against US dollar
Mumbai, Mar 22 (PTI) The rupee depreciated 48 paise to settle at an all-time low of 83.61 against the American currency on Friday, tracking a surging greenback against major crosses in the overseas markets and weak Asian peers. Foreign fund outflows also dented market sentiment, forex traders said. At the interbank foreign exchange market, the […] Key Points
ThePrintdollar set for weekly rise after sea-change in global rate outlook
By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to halt its march, and a Key Points
ThePrintdollar gains on risk sentiment, Swiss franc falls on surprise SNB cut
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar rose on Thursday as the strength of the U.S. economy and high interest rates along with a surprise move by the Swiss National Bank Key Points
ThePrintRupee rises 6 paise to close at 83.13 against US dollar
Mumbai, Mar 21 (PTI) The rupee appreciated 6 paise to close at 83.13 against the US dollar on Thursday, supported by a firm trend in domestic equities and a weak greenback amid rising appetite for riskier assets. At the interbank foreign exchange market, the local unit opened at 83.07 against the greenback. The unit hit […] Key Points
ThePrintRupee falls 16 paise to over two-month low against US dollar
Mumbai, Mar 20 (PTI) Falling for the eighth straight session, the rupee declined 16 paise to close at over two-month low of 83.19 against the US dollar on Wednesday, weighed down by a strong American currency against major rivals overseas and elevated crude oil prices. Besides, recent flights of foreign capital from Indian capital markets […] Key Points
ThePrintRupee declines 13 paise against US dollar
Mumbai, Mar 19 (PTI) The rupee depreciated 13 paise to 83.03 against the US dollar on Tuesday, weighed down by a heavy selloff in domestic equities and a surging greenback against major crosses overseas. Besides, foreign capital outflows also hit investors’ sentiment, forex traders said. At the interbank foreign exchange market, the local unit opened […] Key Points
ThePrintRupee edges lower by 2 paise to close at 82.86 against US dollar
Mumbai, Mar 15 (PTI) The rupee declined 2 paise to close at 82.86 against the US dollar on Friday, weighed down by unabated foreign fund outflows and a negative trend in domestic equities. Forex traders said elevated American currency overseas and crude oil prices in the international market also dented investors’ sentiments. At the interbank […] Key Points
ThePrintUS dollar gains as strong economic data could reduce rate cuts this year
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last month and fewer people seeking unemployment Key Points
ThePrintRupee falls 8 paise to settle at 82.75 against US dollar
Mumbai, Mar 11 (PTI) The rupee declined by 8 paise to settle at 82.75 against the US dollar on Monday, tracking bearish equity markets. Forex analysts said weakness in the US dollar and a decline in crude oil prices cushioned the downside. At the interbank foreign exchange market, the local unit opened at 82.74 and […] Key Points
ThePrintYen firms after revisions to Japan GDP; bitcoin hits new record
By Harry Robertson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The yen edged up for a fourth straight session against the U.S. dollar in choppy trading on Monday, bolstered by an upward Key Points
ThePrintAsia shares subdued, yen firm as BOJ ponders positive rates
By Wayne Cole SYDNEY (Reuters) -Asian share markets sputtered on Monday while the dollar looked vulnerable ahead of a reading on U.S. inflation that could hasten, or delay, the start of global rate Key Points
ThePrintAll eyes on RBI in wake of rupee's likely push higher, $5 bln swap maturity
The Indian rupee may rise at open due to a likely soft U.S. dollar and the maturation of a $5 billion rupee/dollar swap by the Reserve Bank of India (RBI). Key Points
Business Todaydollar slips as data keeps rate cut hopes intact
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Friday after data showed U.S. job growth accelerated in February, but a rise in the unemployment rate and moderation in Key Points
ThePrintdollar hurt by 'dovish' Powell; yen up on BOJ policy shift speculation
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell across the board on Thursday, as Federal Reserve Chair Jerome Powell said the U.S. central bank is "not far" from getting enough confidence Key Points
ThePrintdollar slips vs euro as ECB keeps rates steady
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell against the euro on Thursday after the ECB kept rates steady even as it acknowledged cooling inflation, and the U.S. currency extended its Key Points
ThePrintRupee jumps 16 paise against US dollar
Mumbai, Mar 7 (PTI) Rising for the second straight session, the rupee climbed 16 paise to settle at 82.67 against the US dollar on Thursday, tracking a weak American currency against major crosses overseas and a positive trend in equity markets. Besides, sustained foreign fund inflows and falling crude oil prices boosted the local currency, […] Key Points
ThePrintAsian shares rise on US rate relief, yen jumps on BOJ chatter
By Stella Qiu SYDNEY (Reuters) -Asian shares rose on Thursday while the dollar nursed losses after the world's most powerful central banker reassured investors that U.S. rates would fall this year, Key Points
ThePrintUS dollar slips before Powell speech, bitcoin resumes rally
By Samuel Indyk and Brigid Riley LONDON (Reuters) -The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Key Points
ThePrintRupee rises 7 paise against US dollar
Mumbai, Mar 6 (PTI) The rupee appreciated 7 paise to settle at 82.83 against the US dollar on Wednesday, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities. However, surging crude oil prices in international markets put pressure on the local currency and restricted the rise, forex traders […] Key Points
ThePrintCurrency market calm before Powell speech, bitcoin picks up again
By Brigid Riley TOKYO (Reuters) -The U.S. dollar was largely steady on Wednesday, as traders avoided making big bets ahead of congressional testimony from Federal Reserve Chair Jerome Powell, as well Key Points
ThePrintRupee rises marginally against US dollar
Mumbai, Mar 4 (PTI) The rupee appreciated 1 paisa to settle at 82.90 against the US dollar on Monday, tracking a weak American currency overseas and positive equity market sentiment. However, volatile crude oil prices and foreign fund outflows weighed on the Indian currency, forex traders said. At the interbank foreign exchange market, the local […] Key Points
ThePrintEuro, pound edge up at start of busy week ahead for investors
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -The U.S. dollar weakened slightly on Monday, at the start of an action-packed week for markets with Britain's budget, a European Central Bank Key Points
ThePrintdollar drifts as Fed clues awaited; bitcoin hits 2-year high
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar drifted within a tight range on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the Key Points
ThePrintRupee slips 2 paise against US dollar
Mumbai, Mar 1 (PTI) The rupee declined 2 paise to close at 82.91 against the US dollar on Friday amid rising crude oil prices in the overseas market and increased demand for the American currency from importers. However, a rally in equity markets and robust domestic macroeconomic data supported the local currency and restricted the […] Key Points
ThePrintMarkets brace for US inflation reading, yen strengthens on BOJ comments
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -The dollar tracked toward monthly gains on Thursday as European inflation data trickled in and ahead of highly-anticipated U.S. data, while Key Points
ThePrintdollar braces for US inflation reading, yen gains on BOJ comments
By Tom Westbrook SINGAPORE (Reuters) - The U.S. dollar held firm on Thursday in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while the yen found its footing after Key Points
ThePrintdollar bounces before inflation data
(Fixes typographical error in paragraph 6 to make it "Personal Consumption Expenditures") By Karen Brettell NEW YORK (Reuters) -The U.S. dollar jumped on Wednesday as investors position for U.S. and Key Points
ThePrintRupee flat, far forward premiums extend decline to 2-1/2-month low
By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee was largely flat on Wednesday as sustained dollar inflows helped ease the pressure from weakness in most Asian currencies. The rupee was at 82.90 Key Points
ThePrintGIFT City taps RBI for RTGS-like dollar payment system
Among the proposals currently being discussed was the establishment of a single 'settlement bank' in GIFT City, with which other entities would have dollar balances. Subsequently, debits & credits would be conducted through the settlement bank, sources said. Key Points
Economic TimesRupee slips 1 paisa to close at 82.89 against US dollar
Mumbai, Feb 27 (PTI) The rupee slipped by 1 paisa to close at 82.89 against the US dollar in a restricted trade on Tuesday amid withdrawal of foreign funds and increased month-end demand for the American currency. According to forex analysts, the Indian currency resisted a sharp fall due to robust equity market sentiment and […] Key Points
ThePrintdollar dips vs yen after Japan inflation data, US durable goods
By Caroline Valetkevitch NEW YORK (Reuters) -The dollar was down slightly against the Japanese yen on Tuesday after data showing Japan's core consumer inflation exceeded forecasts and that U.S. Key Points
ThePrintdollar edged lower ahead of economic data, yen rises
By Stefano Rebaudo (Reuters) -The dollar struggled for direction on Tuesday ahead of key data that could provide further clues about the U.S. Federal Reserve's policy path, while the yen rose after Key Points
ThePrintdollar droops before key data, bitcoin soars above $57,000
By Kevin Buckland TOKYO (Reuters) -The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of U.S. economic data that will provide fresh signals on how soon the Federal Key Points
ThePrintdollar droops as key US data looms; yen firms on CPI beat
By Kevin Buckland TOKYO (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Key Points
ThePrintRupee settles 3 paise higher at 82.88 against US dollar
Mumbai, Feb 26 (PTI) The rupee gained 3 paise to settle at 82.88 against the US dollar in a range-bound trade on Monday, tracking volatility in the equity market. Forex traders said softer crude oil prices provided support to the Indian currency. Also, the dollar retreated from higher levels as investors moved cautiously ahead of […] Key Points
ThePrintdollar dips, data stays in focus for Fed clues
By Karen Brettell NEW YORK (Reuters) - 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 U.S. Federal Reserve is Key Points
ThePrintRupee rises 11 paise to close at 82.85 against US dollar
Mumbai, Feb 22 (PTI) The rupee appreciated 11 paise to close at 82.85 against the US dollar on Thursday, tracking the broad weakness of the American currency in the overseas market. Forex traders said rupee has also been supported by positive domestic equities, wherein Nifty scaled fresh all-time high and Sensex surged over 500 points. […] Key Points
ThePrintJapan's Nikkei hits record high after Nvidia beat, rest of Asia muted
By Kevin Buckland TOKYO (Reuters) - Japan's Nikkei share average topped its all-time peak on Thursday, after unexpectedly strong revenue forecasts from U.S. chip designer Nvidia lifted Asian tech Key Points
ThePrintRupee settles on a flat note, rises 1 paisa to close at 82.96 against US dollar
Mumbai, Feb 21 (PTI) The rupee consolidated in a narrow range and appreciated 1 paisa to close at 82.96 against the US dollar on Wednesday, as the strength of the American currency in the overseas market was offset by fresh foreign fund inflows. Forex traders said the rupee traded in a narrow range amid a […] Key Points
ThePrintdollar dips, China boosts global growth hopes
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar weakened on Tuesday after China cut interest rates in a bid to prop up its struggling property market, raising hopes of additional stimulus that Key Points
ThePrintRupee rises 4 paise to settle at 82.97 against US dollar
Mumbai, Feb 20 (PTI) The rupee appreciated 4 paise to settle at 82.97 against the US dollar on Tuesday amid robust equity market sentiment and a weak American currency. Forex traders said sustained foreign funds outflows capped a sharp gain in the domestic currency. At the interbank foreign exchange market, the local unit opened at […] Key Points
ThePrintdollar dips, Aussie gains as China sparks global growth hopes
By Karen Brettell NEW YORK (Reuters) - The U.S. dollar weakened on Tuesday and the Australian currency gained after China cut interest rates in a bid to prop up its struggling property market, Key Points
ThePrint