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EURO AND POUND RECOVERY
Tata Steel CEO TV Narendran cautiously optimistic; sees strong Q1 ahead as steel prices rise across India, UK, & EuropeTata Steel CEO TV Narendran flags multi-point cost pressure from the West Asia crisis but says the company has so far recovered most input ...- Dollar holds gains on optimism for economic outlookSentiment for the dollar has improved recently as progress in coronavirus vaccinations, moves by U.S. President Joe Biden to pass more fisc...
- Spread of virus mutation keeps euro and pound under pressureAt 0802 GMT, the euro was down 0.31% at $1.2209 while the pound was losing 0.33% at $1.3422.
- Sterling extends losses with UK and EU still far apart in Brexit talksThe pound dropped not long after 2200 GMT on Wednesday, when a dinner on Wednesday between UK Prime Minister Boris Johnson and European Com...
- Dollar clings to two-month highs amid COVID-19 angstEuro zone business growth ground to a halt in September, raising fears that fresh restrictions to quell a resurgence in coronavirus infecti...
- Dollar licks wounds as investors fret over U.S. stimulus"You could say the dollar is weaker due to a risk-on move," said Shane Oliver, head of investment strategy and chief economist at AMP Capit...
- EU progress and vaccine hopes keep pressure on dollarAgainst a basket of currencies the dollar traded at a more than four-month low of 95.687 while the pound extended overnight gains to a one ...
- Rupee takes U-turn, jumps 30 paise to 68.08 a dollarThe home currency also regained strength against the euro, British pound and Japanese yen.
- Rupee ends higher by 23 paise vs dollarIn the overseas market, the dollar fell against the Pound Sterling in the late trade as voters went to the polls in a landmark referendum o...
- Rupee snaps 2-day gains vs US dollar, down 8 paiseSnapping its two-day gaining streak, the rupee closed down by 8 paise at 61.75 per dollar on fresh demand for the US currency from banks.
- Sterling steadies after Carney warningSterling inched lower against the dollar on Thursday and was a touch higher against a hard-pressed euro.
- Euro drops further vs US dollarThe euro is down against the U.S. dollar as traders are continuing to seek the safe-haven currency amid uncertainty about the strength of t...
- Rupee snaps 5-session losing streak Vs dlr, closes 17 paise upThe Rupee on Thursday rebounded by 17 paise against the dollar to end the five-day losing streak in line with the recovery in stock markets.
- Dollar slips against euro as economic hopes riseThe dollar slipped against the euro Monday as renewed confidence in the global economic recovery lured investors away from the relative saf...
- Euro crash, economic worries may cloud Indian IT sectorTCS, Infosys, Wipro which earn around 25% of their revenues in euros, pounds likely to take the hit.Latest buzz in IT sector I Infy, Mah Sa...
- Barclays says profits jump 29% in first quarterBritish bank Barclays announced Friday that its net profit soared 29 per cent in the first quarter of 2010.
- Rupee gains 11 paise against dollarRupee closed 11 paise higher at 44.32/33 against the US cuurency on a late dollar selling by exporters.
- Dollar higher as investors await economic reportsThe dollar edged up against the euro and the pound Monday as investors anticipated this week's reports on consumer confidence and housing.
- Rolls-Royce profits soar six-fold to 3 billion dollarsBritish engine maker Rolls-Royce reported on Thursday a six-fold rise in net profit to 1.86 billion pounds (3.03 billion dollars, 2.16 bill...
- British Airways slumps to loss, sees conditions difficultBritish Airways reported on Friday that it slumped to an annual loss of 590 million dollars.
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