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US DOLLAR RESERVE CURRENCY
Fed's Beth Hammack favors gradual rate-hike path to lower inflationCleveland's Federal Reserve President Beth Hammack has emphasized the need for additional rate hikes to achieve the target inflation rate o...
US midterm election impact: What it means for investors in equities, bonds and goldThe US midterm election outcome could influence equities, bonds, gold and emerging market flows, but its direct market impact may remain li...
Gold rises after biggest daily gain since August, with US payrolls in focusOn Thursday, gold prices increased partially due to a declining US dollar, building on a strong daily surge prior. Spot gold's elevation fo...
Gold gains 3% as dollar slides after Democratic midterm gainsOn Wednesday, gold prices surged by 3%, reaching impressive new levels following the midterm elections, during which Democrats secured cont...
Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
Dollar dips with US midterm results in focusThe dollar lost ground against key international currencies as investors anticipated Democratic victories in the upcoming US midterm electi...
Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reservesChina's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency app...
Rupee rises 12 paise to 94.72 against US dollar in early tradeThe rupee rose by 12 paise to 94.72 against the US dollar in early trading on Tuesday. This increase was driven by declining crude oil pric...
Dollar under pressure as oil prices slump, Australia rate decision awaitedThe dollar experienced fluctuations as oil prices dropped amid potential US-Iran diplomatic developments. Meanwhile, the Reserve Bank of Au...
Rupee falls 21 paise to 94.97 against US dollar in early tradeIn the early hours of trading, the rupee fell by 21 paise to 94.97 against the US dollar, influenced by a firmer dollar along with local ma...
Dollar rangebound ahead of US midterms; bitcoin reels from crypto heistMajor currencies remained steady as traders evaluated the upcoming US midterm elections and significant economic data. Bitcoin and Ether ex...
India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline f...
Rupee to benefit from dollar retreat, plunging US yields; oil surge tempers impactThe Indian rupee is set to begin trading on a flat note or with a slight increase, driven by falling US Treasury yields. However, the loomi...
Global Market: China’s yuan hits four-year high against dollar after Fed holds ratesChina’s yuan climbed to a four-year high against the US dollar, supported by the central bank’s firm guidance and the Federal Reserve’s dec...
Dollar steady after Fed hold leaves rate path murkyAfter the Federal Reserve's decision to keep interest rates steady, the US dollar found stability. Investors are now grappling with uncerta...
US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows riseThe US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from Amer...
Global Market: China's yuan holds near four-year high as markets await Fed decisionChina’s yuan held near a four-year high against the US dollar as investors awaited the Federal Reserve’s policy decision for clues on the U...
Dollar holds gains ahead of Fed policy signal, RBNZ decisionThe US dollar is sticking close to a two-week high ahead of crucial central bank policy announcements. The Federal Reserve is anticipated t...
Rupee boxed in range; traders focus on oil, outflows and RBI's defenceThe Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challeng...
Global Market: Yuan holds near four-year high as China tempers appreciation paceChina’s yuan held near a four-year high against the US dollar as the central bank moderated its daily fixing. Export-related demand and str...