Dollar stays soft, with Omicron still top of mindThe dollar failed to pick up ground on most major peers on Thursday as markets saw optimism in early data hinting the Omicron variant of th...
Dollar higher on upbeat US data but set for weekly lossesThe dollar was firmer early on Friday, helped higher by upbeat economic data though was headed for its second week of declines while commod...
Dollar rides high to US jobs testThe dollar rose 0.06% to 111.65 yen early in Asia, and at $1.1843 per euro it was also a whisker short of Thursday's three-month high of $1...
China's banks are bursting with dollars, and that's a worryBoosted by surging export receipts and investment flows, the value of foreign cash deposits in China's banks leapt above $1 trillion for th...
EMs may need more boost than surprise China output recoupA Bloomberg Barclays index of local-currency bonds fell for a fourth straight week.
Likely dollar outflows in September may weigh on RBI policyAccording to SBI chairman Arundhati Bhattacharya, the RBI may look at addressing the market participants' concern about the potential dolla...
See rupee hitting 66/$ by year end: Paul Mackel, HSBC" My view is that dollar-rupee will continue to gradually move higher through the course of this year and our year-end forecast is actually...
Global, not internal factors, weighing on rupee; 64.5 unlikely, say experts"India has large reserves, so it does not look like the rupee will immediately breach 64.50 kind of level in the next two days or so," said...
Four reasons why HSBC has cut India to underweight from overweight2015 shaping up differently. While it remains a place where investors have high portfolio exposure, risk to growth is also going up.
Indian markets set for a multi-year rally, cyclical stocks to lead: HSBCAs per the global investment bank, corporate earnings will drive the next leg of the recovery as the economy strengthens, leading to better...
HSBC sees rupee to be best Asian unit next yearPegging the rupee at 62.5 to 63 to the US dollar next year, the leading brokerage said the domestic unit should only drift higher on the ba...
Dollar to retain a strong footing against rupee in the coming weeks: Paul Mackel, Asia Head Currency Research, HSBC'Despite a strong recovery on the back of the swaps announced by the Reserve Bank of India, I still have to maintain my caution towards the...
RBI liquidity curbs help rupee recover by 58 paise to 59.31 vs US dollarThe Reserve Bank last night raised borrowing costs for banks and said it would sell bonds through open market operations to drain Rs 12,000...
Risk-off mode in equities also impacting rupee: Paul Mackel, HSBCIf the reform process start to stall in the market, then these types of dynamics could work against the rupee, says Paul Mackel.
- Eurozone crisis not constructive for high-beta currencies like rupee: Paul Mackel, HSBC
Global growth environment is weakening. Currencies that have CAD backdrop struggle and that puts the rupee in particular in a very difficul...
- Expect rupee near 49 vs dollar for next few weeks: Paul Mackel, HSBC
In an Interview with ET NOW, Paul Mackel, Asia Head Currency Research, HSBC, discusses current currency outlook. Excerpts
- Dollar slump over, say currency forecasters
The best currency forecasters say the dollar's 13% slide over the past year is coming to an end as Europe’s deepening debt crisis discourag...