Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, while U.S. crude inventories also logged a seventh straight week of builds. Hawkish overnight comments from Federal Reserve officials saw markets reassessing their outlook for U.S. interest rate hikes this […]
Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest rates, with markets betting that a U.S. economic slowdown will force the bank into reversing its hawkish stance this year. The Chinese yuan rose 0.4% and came close to a seven-month high against […]
Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations that the Fed will slow its pace […]
The Sensex was up 827.54 points or 1.37% at 61441.24, and the Nifty was up 241.00 points or 1.34% at 18269.20. About 1686 shares have advanced, 364 shares declined, and 68 shares are unchanged. Offer price of Rs 170 a share too low for present times, says Fortis chairmanEven as IHH Healthcare Bhd is in […]
The rupee declined 49 paise to 75.82 against the US dollar in opening trade on Wednesday amid a weak risk appetite as tensions escalated in Eastern Europe. Forex traders said sustained foreign fund outflows, a lackluster trend in domestic equities and elevated crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at […]
The rupee spurted by 22 paise to 74.44 in early trade on Monday on softer crude oil prices and revived hopes of a diplomatic solution to the Russia-Ukraine crisis. The local currency opened on a strong note at 74.51 to a dollar at the interbank foreign exchange market against the previous close of 74.66 on Friday. The […]
By Administrator_India Capital Sands The dollar hovered below a two-month high versus major counterparts on Tuesday, with traders largely sidelined ahead of a closely watched U.S. jobs report, which could sway the timing of an exit from Federal Reserve stimulus. The dollar index, which tracks the greenback against a basket of six major currencies, was at […]
By Administrator_India Capital Sands The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank’s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, […]
By Administrator_India Capital Sands After a week of anxious waiting, markets got the high U.S. inflation number they dreaded, shrugged it off and moved on – leaving the U.S. dollar under pressure and most majors stuck in ranges. Early in the Asia session the greenback nursed small losses, as traders figured there were enough one-offs […]
By Administrator_India Capital Sands The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after softer-than-expected jobs data quelled expectations of an early tapering in the Federal Reserve’s stimulus. The euro fetched $1.21915, bouncing back from its three-week low of $1.2104 set on Friday while the […]