TAG: US dollar

U.S. Dollar Price Action Webinar: DXY, Gold, Bitcoin, FX Majors

U.S. Dollar Talking Points:-      The U.S. Dollar put in a breakout yesterday and this continues the...

7 months ago

U.S. Dollar Post-CPI: EUR/USD, GBP/USD, USD/JPY, XAU/USD (Gold)

US Dollar talking points The U.S. Dollar is trading at a fresh 2024 high after this morning’s CPI re...

7 months ago

Oil prices stabilise on weaker US dollar while investors weigh tighter Russian supply; Brent at $86/bbl

Oil prices steadies on Tuesday, March 26 as investors took a more mixed view toward the loss of Russian oil refinery capacity after the recent Ukrainian drone attacks while a slightly weaker US dollar offered some support to prices.  The front-month Bre...

6 months ago

Gold prices rise ahead of US inflation data, silver slips 0.3%

Gold prices surged, supported by a decline in the U.S. dollar, as investors awaited upcoming data to assess inflation trends, crucial for understanding the Federal Reserve's approach to interest rates, on Tuesday. At 09:58 a.m. EDT (1358 GMT), spot gold...

6 months ago

Rupee falls 4 paise to close at 83.43 against US dollar

The rupee on Tuesday consolidated in a narrow range and settled 4 paise lower at 83.43 against the US dollar, weighed down by a strong dollar and elevated crude oil prices.Forex traders said a weak trend in domestic equities also dented investor sentiment...

6 months ago

Dollar lower after US jobs data little changed, jawboning supports yen

The U.S. dollar was down on Tuesday after earlier hitting its highest in almost five months, following a new report that showed U.S. job openings held steady at higher levels in February.The dollar index rose to 105.1 on Tuesday, its highest level since N...

6 months ago

Dollar stirred up by geopolitics, pre-jobs jitters

The dollar headed for its first weekly loss in a month on Friday, but pulled away from two-week lows, ahead of a key U.S. jobs report later in the day, while tensions in the Middle East kept investors on edge.Demand for safe-haven currencies, along with m...

6 months ago

Rupee ends higher on foreign, state-run banks' dollar sales; rises on week

The Indian rupee rose on Friday, bolstered by dollar sales from foreign and state-run banks and after the Indian central bank kept rates unchanged for a seventh consecutive meeting.The rupee closed at 83.2950 against the U.S dollar, up nearly 0.2% compare...

6 months ago

Gold rate today near 2.6% down from life-time high. Buy now or wait for further dip?

Gold rate today: Amid speculation of US Fed rate hike by 25 bps, gold price feel the heat of profit booking in early morning deals in domestic and international spot market. Gold future contract for June 2023 on MCX went off ₹21 per 10 gm and hit ₹59,743...

6 months ago

Gold rate today jumps on soft US dollar, US Fed rate hike buzz. Buy or wait?

Gold rate today: On account of ease in US dollar rate and market buzz about 25 bps interest rate hike by the US Fed, gold price today opened upside in international and domestic commodity market today. Gold future contract for June 2023 on Multi Commodit...

6 months ago

Rupee settles on flat note at 83.31 against US dollar

The rupee settled on a flat note on Monday at 83.31 (provisional) against the US dollar, as the support from positive domestic equities was negated by the strength of the American currency in the overseas market. Forex traders said investor sentiments got...

6 months ago

US dollar drifts lower ahead of inflation data; yen nears 1990 lows

The dollar slipped on Monday in thin trading as investors focused on U.S. inflation data later this week, while the yen slipped to near 34-year lows versus the greenback as traders remained alert for any potential action from Japanese authorities to suppo...

6 months ago

Gold, silver price retraces from life-time high. Should you buy in this correction?

Gold rate today: After climbing to a new peak in the week gone by, both gold and silver prices witnessed profit booking on the weekend sessions. Retracing from its new peak of ₹61,845 per 10 gm, gold future contract for June 2023 in Multi Commodity Excha...

6 months ago

India's forex kitty jumps $2.98 billion to new high of $648.562 billion

India’s forex reserves jumped by USD 2.98 billion to a fresh peak of USD 648.562 billion for the week ended April 5, the RBI said on Friday. In the previous reporting week, the forex kitty had increased by USD 2.951 billion to USD 645.583 billion, which w...

6 months ago