Dollar News

Rupee's Surge to 85/$: A Double-Edged Sword for Exporters Amid Global Dollar Weakness

The Indian rupee's surge to 85 against the dollar poses challenges for exporters, amid global dollar weakness and rising forex reserves. Market eyes on upcoming economic data for d...

Euro and Pound Soar to October 2024 Highs Against Dollar Amid New US Tariffs

The euro and pound surged against the dollar, reaching highs not seen since October 2024, after the US imposed tariffs on the EU and UK among others. The euro gained 1.05% and the ...

Euro and Pound Skyrocket Against Dollar Following US Tariff Announcement on EU and UK

The euro and pound surged against the dollar following the US's imposition of tariffs on the EU and UK, marking their highest levels since October 2024. The euro gained 1.05% and t...

Euro and Pound Skyrocket Against Dollar Following US Tariff Announcement on EU and UK

The euro and pound have surged against the dollar, reaching highs not seen since October 2024, following US tariff impositions on the EU and UK. The euro gained 1.05%, and the poun...

Vietnamese Dong Holds Steady as Dollar Sees Minor Gains on Black Market

The Vietnamese dong remains steady against the dollar, with slight gains on the black market. The State Bank of Vietnam keeps its reference rate unchanged, while global currencies ...

Indian Rupee Plunges to Historic Low Against the Dollar Amid Global Economic Shifts

The Indian rupee has plummeted to a historic low against the dollar, influenced by a strong dollar, weak equity markets, and subdued capital flows. Despite RBI's interventions, the...

Indian Rupee Hits Record Low Against Dollar Amid Falling Forex Reserves

The Indian rupee hit a record low against the dollar, closing at 85.77, amidst falling foreign exchange reserves. The decline is attributed to the weakening Chinese yuan and a stro...

Indian Rupee Plummets to Historic Low Against the Dollar Amid Market Turmoil

The Indian rupee reached a historic low against the dollar, closing at 85.53, with an intraday low of 85.80. Factors include panic dollar buying, increased demand, and maturing NDF...

US Markets Rally Ahead of Crucial Economic Data Releases

US stock markets opened higher on Monday, driven by optimism ahead of key economic updates including PMI readings, Federal Reserve's rate decision, GDP figures, and PCE data. Major...

Investors Brace for Impact as US Markets Close Lower Ahead of Key CPI Report

US stock markets closed lower on Tuesday as investors awaited the upcoming consumer inflation report. Major indices like the Dow Jones, Nasdaq 100, and S&P 500 experienced declines...

US Markets See Mixed Open Amid Anticipation of Key Economic Data

US stock indexes opened mixed on Monday as investors await key economic reports, including wholesale inventories, inflation, jobless claims, and producer prices data. Oracle Corpor...

Geopolitical Tensions Drive European Markets Higher Amid Middle East Developments

European stock market indexes closed mostly higher on Monday as investors assessed the impact of recent geopolitical developments in the Middle East, including the toppling of the ...

European Markets Rally as Investor Confidence Data Looms and Global Events Unfold

European stock markets opened higher on Monday, driven by anticipation of investor confidence data and the impact of global events. Key indexes like DAX, FTSE 100, CAC 40, and Euro...