Intra-day update: rupee sees appreciation after IMF board approval - Markets
Gains nearly Rs2.37 to hover at 275-276 level in inter-bank market
Source: brecorder.com
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dollar rate today: Dollar slips as Fed hike cycle nears end; focus on US inflation
Markets are now focusing their attention on U.S. inflation data out on Wednesday, which will provide more clarity on the progress the Fed has made in its fight against stubbornly high consumer prices.
Source: indiatimes.com
dollar rate today: Dollar softens, China inflation data takes centre stage
The U.S. economy added 209,000 jobs last month, data on Friday showed, marking the smallest increase in 2-1/2 years and the first time in 15 months that payrolls missed expectations. That sent the dollar tumbling nearly 1% against a basket of currencies on Friday while the yen and sterling surged.
Source: indiatimes.com
Dollar firms on rate hike views after Fed minutes, yen treads water - Markets
SINGAPORE: The dollar was broadly higher on Thursday, after the release of minutes from the Federal Reserve’s latest...
Source: brecorder.com
dollar rate today: Dollar flat; Aussie slides as inflation slows
Resilient economic data in the US calmed investors' concerns about a recession, resulting in the dollar remaining stable. However, this also suggests that the Federal Reserve may need to continue raising rates. The Australian dollar fell due to decreased consumer inflation in May. The US dollar rose against a basket of currencies, but is on track to decline by 1.5% for the month. Investor attention will be on Fed Chair Jerome Powell's comments at the European Central Bank Forum, which could provide insight into interest rate decisions. The Australian dollar and the kiwi weakened, while the yen...
Source: indiatimes.com