Business
US dollar drops to two-week low as investors take profit on ‘Trump trades’
THE US dollar dipped on Monday (Nov 4) as investors braced for wide-ranging implications for the global economy this week from the outcome…
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Dollar
Business
Gold eases as US dollar strengthens, traders await Fed policy cues
GOLD prices declined on Monday (Oct 28), pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal…
Business
Strong US economy and ‘Trump trades’ boost dollar
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming…
Business
Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil…
Business
US dollar steady near two-month high as markets weigh policy outlook
THE US dollar was perched near its highest level in more than two months against major currencies on Tuesday (Oct 15), spurred by wagers…
Business
Ericsson wins multi-billion dollar 5G equipment contract from Bharti Airtel
That demand cushioned a slowdown in revenue from Ericsson's main U.S. market where telecom operators have been lowering spending. (Photo:…
Business
Gold eases as US dollar strengthens; traders eye Fed cues
GOLD prices drifted lower on Monday (Oct 14) as the US dollar strengthened, while market participants awaited fresh cues on the US Federal…
Business
Dollar edges down against yen after uptick in US inflation
The US dollar edged lower against the yen on Thursday (Oct 10) after data showed a higher-than-expected rise in US inflation in September…
Business
Kiwi falls after hefty rate cut, US dollar edges up
THE New Zealand dollar slumped on Wednesday (Oct 9) after the country’s central bank cut interest rates by 50 basis points, while the US…
Business
US dollar close to 7-week high after strongest week since 2022
THE US dollar was just off its highest level in seven weeks on Monday (Oct 7) after a rally sparked by Friday’s strong US jobs data and an…
Business
BofA expects India's forex reserves to reach $745 billion in March 2026
2 min read Last Updated : Oct 04 2024 | 3:37 PM IST By Subhadip Sircar India’s foreign-exchange reserves will likely rise to $745 billion…
Business
Safe-haven US dollar climbs; sterling falls on dovish Bailey comments
THE US dollar strengthened on Thursday (Oct 3) on expectations the US Federal Reserve will not rush to cut interest rates, while the pound…
Business
US dollar holds gains as war widens in Middle East, rallies against yen
THE US dollar held on to its biggest gains in a week on Wednesday (Oct 2) after an Iranian missile attack on Israel drove the buying of…
Business
Dollar weakens after inflation data, yen surges on Ishiba win
THE dollar fell on Friday (Sep 27) after a reading of US inflation signalled price pressures continue to ebb, while the yen strengthened…
Business
Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows
SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on…
Business
Gold stays near record high on Middle East risks, softer US dollar
GOLD prices were steady near record highs on Wednesday (Sep 25), as a weaker US dollar and an escalated conflict in the Middle East lifted…