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2 mins read
US dollar slides to lowest level in 2 years as nation grapples with lasting pandemic fallout
The index has dropped for five days straight amid continued virus risk and fears of new stimulus ar…
Ben Winck
2 mins read
The dollar will collapse under a ballooning US deficit and deglobalization, former Morgan Stanley Asia chairman says
Pressures from heavy government borrowing and low rates will "go from bad to worse as we blow out t…
Ben Winck
1 min read
Rupee falls 10 paise to close at 82.16 against US dollar
The rupee pared its initial gains to settle 10 paise down at 82.16 (provisional) against the US dol…
PTI
1 min read
Rupee surges 19 paise to 75.99 against US dollar in early trade
The rupee advanced 19 paise to 75.99 against the US dollar in the opening trade on Wednesday, track…
PTI
2 mins read
Dollar pulls back from 20-year high after the Federal Reserve delivers its largest interest rate hike since 1994
The US Dollar Index was whipped around after the Fed in a 10-1 vote raised the key interest rate by…
Carla Mozée
2 mins read
The dollar's blistering rally cools as the currency falls from 2-decade highs on softer rate hike expectations
The Dollar Index slipped on Monday as traders priced in a rate hike in line with last month's, afte…
Jennifer Sor
2 mins read
Rupee falls 16 paise to all-time low of 82.33 against US dollar in early trade
The rupee depreciated 16 paise to an all-time low of 82.33 against the US dollar in early trade on …
PTI
2 mins read
Rupee jumps 18 paise to close at 83.11 against US dollar
The rupee rallied for the fourth consecutive trading session on Friday and appreciated by 18 paise …
PTI
2 mins read
Rupee rises 5 paise to 83.45 against US dollar in early trade
On Thursday, the rupee pared its initial losses and settled for the day on an almost flat note …
PTI
3 mins read
Gold and silver get hit by hawkish Fed boost to dollar — which has reached its highest level since July
Oil came under renewed pressure "with rising COVID-19 cases in parts of Europe not great for sentim…
Shalini Nagarajan
1 min read
Rupee falls 6 paise to 83.39 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 83.34 against the dollar and touched an …
PTI
3 mins read
The US dollar is trading at its strongest level against the euro in 20 years as recession fears push the pair closer to parity
"Slowdowns fears are now arguably the main driver of currencies globally," said one strategist at t…
Carla Mozée
3 mins read
The US dollar will strengthen throughout 2021 for 5 key reasons, Bank of America says
The strategists lifted their forecast for the US dollar's strength against the Euro, skirting a muc…
Ben Winck
3 mins read
The US dollar slid the most in 9 months in April as the rest of the world's outlook brightened - and analysts say it has further to drop
The dollar index fell 2.5% in April, the most since July 2020. Analysts pointed to a brighter globa…
Harry Robertson
1 min read
Rupee falls 14 paise to 82.35/USD amid sustained forex outflows
At the interbank foreign exchange, the domestic unit opened at 82.32 against the dollar, then lo…
PTI
2 mins read
Rupee falls 10 paise to 83.50 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.48 and lost further groun…
PTI
2 mins read
Shares of companies that do more business overseas are significantly underperforming domestic firms as the US dollar surges to 20-year highs, Goldman Sachs says
Goldman said stocks with high domestic sales exposure have outperformed a basket of multinational s…
Carla Mozée
2 mins read
Rupee falls 6 paise to 83.54 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.52 and lost further groun…
PTI
3 mins read
Economist Stephen Roach says the US economy's V-shaped recovery is 'in tatters' and the dollar could crash 20% this year
The US economy's recovery from coronavirus is "in tatters" and the dollar could plunge a further 20…
Harry Robertson
3 mins read
Global stocks drop and the dollar rises after the Fed warns the US economic recovery will stall without further stimulus
Fed vice-chairman Richard Clarida said Wednesday the US economy remained in a "deep hole" and calle…