Dollar steadies as eyes turn to U.S. inflation dataU.S. inflation data is due at 1230 GMT and the consensus is for the core inflation rate last month to have risen 0.3% month-on-month, the s...
13 Sep, 2022, 07.27 AM IST
Dollar sags below 20-year peak as euro lifted by ECB betsThe dollar index - which measures the greenback against a basket of six currencies, with the euro the most heavily weighted - stood at 108....
30 Aug, 2022, 07.34 AM IST
Euro strikes fresh 20-year low as eurozone economy shrinks againThe single currency tumbled to $0.9901 but later clawed back losses to return close to parity with the dollar in afternoon trading.
23 Aug, 2022, 08.25 PM IST
Carry traders using weak Euro to win big in emerging markets"Funding carry trades by selling euro is becoming more common," said Brendan McKenna, a currency strategist at Wells Fargo in New York. "Th...
01 Aug, 2022, 06.32 AM IST
Euro is at parity; its fate is now with energy marketsThe moves put the ECB in a bind. It is expected to raise interest rates next week for the first time since 2011 to combat inflation running...
14 Jul, 2022, 08.01 AM IST
Why Euro’s slide towards dollar parity mattersOn Wednesday, it slumped to as low as $0.9998 and is down almost 12% so far this year. It started the year on a strong note before the war ...
13 Jul, 2022, 08.13 PM IST
Euro falls below dollar parity for first time since 2002Europe's single currency started this year on a strong note given a post-pandemic economic recovery. But Russia's invasion of Ukraine, surg...
13 Jul, 2022, 06.42 PM IST
European shares slip ahead of U.S. inflation; investors focus on euroThe euro has tumbled recently as investors fear aggressive monetary policy tightening could cause a recession. Markets speculate that U.S. ...
13 Jul, 2022, 01.25 PM IST
Euro clings to parity as traders wait on US inflationThe New Zealand dollar, which hit a two-year low of $0.6097 on Monday and inched up to $0.6119 in early trade, is vulnerable to a further d...
13 Jul, 2022, 07.10 AM IST
Euro comes a whisker off parity vs dollar, at new 20-year lowThings sure are looking messy out there right now, especially in 'Forex Land' where the Euro is within a hair’s breadth of trading at parit...
12 Jul, 2022, 06.40 PM IST
The consequences of the euro's fall to dollar parityNow, more euros are needed to pay for an equivalent amount of goods in dollars. It will dampen European tourism to the United States in par...
12 Jul, 2022, 05.00 PM IST
Euro drops to 20-year low, approaches parity with dollar"The most proximate concern for markets is whether or not Nord Stream 1 is going to come back online," said Bipan Rai, North American head ...
11 Jul, 2022, 07.44 PM IST
Safety-bid lifts yen after former PM Abe shotThe move comes with a broader shift in sentiment on the yen. It fell nearly 16% on the dollar through the first half of 2022, but has latel...
08 Jul, 2022, 11.35 AM IST
Euro on thin ice ahead of U.S. labour data"Europe is exposed to large risks around energy dependency, a cost of living crunch on the consumer, and fragmentation risk. This spells eu...
08 Jul, 2022, 07.50 AM IST
- Rupee falls to record low of Rs 53.29 per US dollar
The rupee tumbled by 35 paise to an all-time low of Rs 53.29 per US dollar in early trade on the Interbank Forex today on continued dollar ...
13 Dec, 2011, 10.33 AM IST
- Euro could reach parity with dollar: German economist
Battered by the Greek fiscal crisis, the euro could weaken to the point of parity with the US dollar, a top German economist said Sunday, a...
09 May, 2010, 04.32 PM IST
- Euro rises versus dollar
The euro rose against the dollar and remained close to parity versus sterling on Wednesday, the final trading day of 2008.
31 Dec, 2008, 05.21 PM IST