Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil prices fell and investors bet on an unusually large…
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Dollar
US dollar steady near two-month high as markets weigh policy outlook
THE US dollar was perched near its highest level in more than two months against major currencies on Tuesday (Oct 15), spurred by wagers the Federal Reserve will proceed with modest rate…
Gold eases as US dollar strengthens; traders eye Fed cues
GOLD prices drifted lower on Monday (Oct 14) as the US dollar strengthened, while market participants awaited fresh cues on the US Federal Reserve’s monetary policy path. Spot gold fell…
Dollar edges down against yen after uptick in US inflation
The US dollar edged lower against the yen on Thursday (Oct 10) after data showed a higher-than-expected rise in US inflation in September even though prices were on a downward trend,…
Kiwi falls after hefty rate cut, US dollar edges up
THE New Zealand dollar slumped on Wednesday (Oct 9) after the country’s central bank cut interest rates by 50 basis points, while the US dollar nudged up against most currencies and hit a…
US dollar close to 7-week high after strongest week since 2022
THE US dollar was just off its highest level in seven weeks on Monday (Oct 7) after a rally sparked by Friday’s strong US jobs data and an escalation in the Middle East conflict. The…
Safe-haven US dollar climbs; sterling falls on dovish Bailey comments
THE US dollar strengthened on Thursday (Oct 3) on expectations the US Federal Reserve will not rush to cut interest rates, while the pound lagged its developed markets peers after dovish…
US dollar holds gains as war widens in Middle East, rallies against yen
THE US dollar held on to its biggest gains in a week on Wednesday (Oct 2) after an Iranian missile attack on Israel drove the buying of safe haven assets as investors fretted about the…
Dollar weakens after inflation data, yen surges on Ishiba win
THE dollar fell on Friday (Sep 27) after a reading of US inflation signalled price pressures continue to ebb, while the yen strengthened against the greenback after Shigeru Ishiba, seen as…
Rupee rises 2 paise to 83.64 against US dollar during early trade
Rupee rises 2 paise to 83.64 against the US dollar in early trade on Friday. Photographer: Dhiraj Singh/Bloomberg 2 min read Last Updated : Sep 27 2024 | 9:37 AM IST Rupee rises 2 paise to…
Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows
SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on Wednesday. The mainly state-owned oil company is…
Gold stays near record high on Middle East risks, softer US dollar
GOLD prices were steady near record highs on Wednesday (Sep 25), as a weaker US dollar and an escalated conflict in the Middle East lifted bullion’s safe-haven appeal, while investors…