Tag: dollar index
Rupee Jumps 51 Paise to 86.17 Against Dollar on Weaker Greenback, Positive Market Sentiment
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The Indian rupee surged in early Friday trading, strengthening by 51 paise to 86.17 against the U.S. dollar, buoyed by a combination of bullish...
U.S. Dollar Extends Decline Following Sharpest Drop Since 2022
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The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...
After breaking through the descending wedge, the AUD/USD exchange rate hit a nearly five-year low, and an oversold signal followed.
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During the European session on Wednesday, the AUD/USD exchange rate ended a three-day decline and is currently consolidating around 0.6000, supported by US President...
European Markets Close Lower Amid Rising U.S.-Canada Trade Tensions
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European stock markets closed lower on Tuesday, extending losses as trade tensions between the U.S. and Canada intensified. The pan-European Stoxx 600 index ended...
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...