US dollar (DXY) price and chart analysis US Treasuries eased on growing recession fears. Many months of support can be retried. Recommended by Nick Cawley Forex for beginners Most Read: The US dollar (DXY) remains under pressure ahead of important US data U.S. Treasury yields fell on Wednesday after the latest set of data showed … Read more
The Central Bank of Pakistan has recently imposed foreign exchange restrictions to protect the country’s dwindling reserves. This is in light of recent reports of the emergence of a black market for dollars. Pakistan’s foreign reserves have reportedly fallen to a four-year low of $6.7 billion. According to Bloomberg, on the surface, this hasn’t affected … Read more
Mumbai: The Indian Rupee gains against the US currency in the forex market. A weaker US dollar supported the local currency. However, weak domestic equities and foreign fund inflows weighed on it and limited gains. In interbank foreign exchange, the local currency opened at 81.11 against the US dollar, then settled at 81.08, registering an … Read more
S&P 500 futures are now down 7 points, or 0.2%, while the 10-year Treasury yield is now up 3.6 bps to 3.730%. That’s up around 0.5% and a slight contrast from the previous session when the latter fell 1 bps to 3.684%. The change in sentiment is now seeing the dollar slightly higher against major … Read more
MUMBAI: The Indian rupee fell against the US dollar in the forex market. The local currency opened at 82.89 against the dollar at the interbank foreign exchange rate. During trading, it then reached 82.91, registering a loss of 12 paise on the previous close. On Thursday, the Indian rupee settled at 21 paise against the … Read more
Mumbai: The Indian rupee rose against the US dollar. The positive trend in the Indian stock market and the weakening of the US dollar supported the local currency. The Indian rupee opened at 82.21 to the US dollar at the Indian Interbank exchange. It reached 82.08 during the trading session, a gain of 22 paise … Read more
decrease in India’s foreign exchange reserves According to Union Finance Minister Nirmala Sitharaman, it is mainly due to fluctuations in the value of the US dollar. He said this while addressing the International Monetary Fund Committee at the annual meeting of the World Bank and the International Monetary Fund (IMF) last Friday. “India’s foreign exchange … Read more
SINGAPORE/LONDON, Oct 3 (Reuters) – Sterling rose on Monday after Britain reversed plans to cut its top income tax, while the yen weakened to more than 145 against the dollar last month, the level at which Japanese authorities intervened last month. The pound touched a one-week high of $1.128, its highest level since Sept. 22, … Read more
The Central Bank of Peru raised interest rates to 6.75% * China’s inflation in August reduced demand for Covid-19 * European Union members to debate on Russian gas prices Sept 9 (Reuters) – As the dollar pulled back from recent highs on Friday, emerging market currencies strengthened, led by Chinese shares higher as stocks showed … Read more
After a brief correction, the U.S. dollar regains strength, hitting a two-decade high in July, with broad implications for global financial markets. The U.S. dollar has been appreciating against other currencies since mid-2021, but the fastest rate of increase came after Russia invaded Ukraine. The dollar index, which measures the U.S. greenback against a basket … Read more