Tag: dollar index
Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration
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The U.S. dollar weakened against the Japanese yen on Thursday, reaching a near one-month low, driven by softer-than-expected U.S. economic data and rising expectations...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
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The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
Global Stocks Rally Following Fed’s Jumbo Rate Cut
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Global stock markets experienced a significant rally on Thursday, buoyed by investor optimism that the Federal Reserve’s half-point rate cut will help facilitate a...
Stocks Surge and Gold Hits Record Highs Amid Expectations of Steeper Fed Rate Cuts
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New York, Sept 14 — U.S. stocks rallied and gold prices soared to new record highs on Friday, fueled by heightened speculation that the...
What Was the Highest Dollar Rate Ever?
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Understanding the peak value of the U.S. dollar requires a comprehensive look at historical data, economic factors, and global events that have influenced its...
Rupee Likely to Maintain Downward Trend as Asian Currencies Slip
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The Indian rupee is expected to continue its slight depreciation on Tuesday, following the trend of most Asian currencies that weakened ahead of key...
Dollar Inches Higher as Traders Eye Rate Cut Clues; Euro Stabilizes
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The dollar rose slightly on Tuesday as traders awaited U.S. retail sales data and comments from Federal Reserve officials, seeking clarity on the timing...
Gold and crude oil opened lower. Today’s trend analysis and operation suggestions
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June 17, news analysis: As the market continues to digest the better-than-expected US inflation data on Wednesday, prices rose 1.3%. As the market continues...
Fed’s Kashkari predicts: One rate cut this year is reasonable, but it will have to wait until December
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Minneapolis Fed President Kashkari said on Sunday that it is a "reasonable forecast" that the Federal Reserve will cut interest rates once this year,...
Asian FX Stability Prevails as Markets Await CPI and Fed Meeting
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Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...
Dollar Holds Steady Ahead of US Jobs Report; Euro Steadies Post-ECB Cut
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On Thursday, the dollar maintained a sideways trajectory in anticipation of Friday's release of U.S. employment data, crucial for the Federal Reserve in determining...
Asia FX Gains as Dollar Nears 2-Month Low on Rate Cut Bets
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Most Asian currencies strengthened on Thursday, tracking weakness in the dollar as soft labor data continued to fuel expectations of rate cuts by the...