Forex

MUMBAI, Oct 29: The rupee appreciated 11 paise to 95.17 against the US dollar in early trade on Thursday amid a slight easing of the American currency following the US Federal Reserve's policy announcement. The US Fed kept interest...

The rupee is expected to open at 95.14-95.18 against the dollar, having settled at 95.22 on Wednesday. The Korean won led gains across Asian currencies. The Federal Reserve left interest rates unchanged.

It might be time to book that holiday across the Tasman.

EUR/USD fell to 1.1170 on Tuesday, marking its fourth consecutive day of decline. Investors are bracing for a busy week of macroeconomic data and the Federal

The Canadian dollar steadied against its US counterpart on Monday after seven straight days of gains, but the move was limited ahead of interest rate decisions this week by the Federal Reserve and the...

The Australian dollar sank to its lowest level since early July following weaker jobs data, which has dramatically cooled expectations for the Reserve Bank of Australia (RBA) to hike rates again in November.

Emerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and triggering a sell-off in AI-linked stocks. South Korea's won, Taiwan dollar, Philippine peso and Indonesian rupiah came under pressure amid capital outflows and rising borrowing costs.

The dollar slipped from an 18-month peak on Thursday in choppy trading as a sharp drop in Treasury yields weighed on the greenback, while cautious remarks from Federal Reserve officials tempered...

The Indian rupee opened at 94.92 against the US dollar, up 23 paise from the previous session's close of 95.15. The currency drew support as US Treasury yields pulled back after September inflation data came in stronger than expected, cooling expectations for a Federal Reserve rate hike in October. The Reserve Bank of India has introduced a 20% Foreign Exchange Risk Reserve requirement on specified rupee derivative contracts exceeding $2 million.

The dollar has fallen back after peaking at an 18-month high, fueled by stronger than expected inflation data. Expectations of an October rate hike were moderated by prudent remarks from Federal Reserve officials. With Treasury yields decreasing, the dollar slipped against key currencies like the euro and sterling. Traders are now closely monitoring the upcoming US producer price and retail sales figures to gauge future market movements.