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Rupee dips further; ends at 63.54

PTI

Continuing its decline for the fourth trading session in a row, the rupee today dipped b... »

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German Bund sell-off lifts euro towards 2-month high vs dollar

Reuters

The euro rose towards recent two-month high against a softer dollar on Wednesday, buoyed by risi... »

Big US trade gap weighs on dollar; kiwi hit by soft wages

Reuters

The dollar slipped on Wednesday, staying on the defensive after disappointing US trade data for... »

Technical forex report for May 6

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Currency midday update for May 6

Currency midday update for May 6, 2015 by Mecklai Financial ... »

Big US trade gap weighs on dollar; kiwi hit by soft wages

Reuters

The dollar slipped on Wednesday, staying on the defensive after disappointing US trade data for March painted an even bleaker picture of the economy in the first quarter. The US trade def... »

Sterling hits 10-day low on construction sector growth

Reuters

Sterling hit a ten-day low against the dollar on Tuesday after data showed growth in Britain’s construction industry slowed sharply in April, just two days before a national election that looks un... »

Technical forex report for May 5

Technical forex report for May 5, 2015 by Veracity Financial Services »

Re falls for 3rd session; lower by 2 paise against $

PTI

After a 4-day break, the rupee on Tuesday continued its downward march against the American currency for the third session by falling 2 paise to 63.44 on persistent dollar demand from banks and im... »

Australian dollar on defensive ahead of RBA policy meet

Reuters

The Australian dollar slipped on Monday, dented by speculation the Reserve Bank of Australia may cut interest rates on Tuesday, while the US dollar held steady in a respite from its recent sell-of... »

Companies likely to raise $6 bn via ‘masala’ bonds

PTI

Leading corporate houses are likely to issue rupee-denominated offshore bonds aka ‘masala bonds’ worth USD 6 billion this year and double it to USD 12 billion next fiscal, says a report.If... »

Rupee should be allowed to depreciate: RBI panel

Our Bureau

Though stability of the rupee may be beneficial, the present level of the exchange rate is not attractive and the rupee should be allowed to depreciate, say members of the Reserve Bank of India’s... »
comment

US data, cautious Fed keep pressure on dollar

Gurumurthy K, BL Research Bureau

The change in the language of the US Federal Reserve in the Monetary Policy statement came as a major blow for the dollar. The dollar index fell from about 96 to 95 levels on Wedne... »

Currency daily report for April 30

Currency daily report for April 30, 2015, by Veracity Financial Services... »

Rupee snaps 2-day gains, ends lower at 63.30

Currency daily report for April 29

Rupee loses 15 paise to end at 63.30

Technical forex report for April 28

S. Korean won hits 6-month high

Rupee gains 8 paise to end at 63.48 on heavy dollar selling

Currency daily report for April 27

Rupee trading strong at 63.50

Rupee drops further to close at 63.56

Technical forex report for May 6

Technical forex report for May 6, 2015 by Veracity Financial Services »

Currency midday update for May 5

Currency midday update for May 5, 2015 by Mecklai Financial ... »

Australian dollar rebounds after short-lived dip on RBA rate cut

Reuters

The Australian dollar rebounded sharply after slipping initially as the Reserve Bank of Australia cut interest rates, as market players wondered whether the RBA’s easing cycle may be over for now. »

Currency daily report for May 5

Currency daily report for May 5, 2015 by Veracity Financial Services ... »

Forex, money, commodity markets closed today

PTI

The forex, money and commodity markets, including bullion, oilseeds, and spices, will be closed today, May 4, on account of Buddha Poornima.However, the Bombay Stock Exchange (BSE), Nationa... »

China’s yuan falls after weak factory sector survey

Reuters

China’s yuan edged down against the dollar on Monday after a private survey showed activity at the country’s factories shrank at the fastest rate in a year. The HSBC/Markit Purchasing Ma... »

India’s forex reserves up $1.40 bn

Our Bureau

India’s foreign exchange reserves increased by $1.4047 billion in the week ended April 24 to $344.60 billion. Since March-end 2015, the forex reserves have seen an accretion of $2.967 bil... »

Euro surges past $1.12 as dollar doubts grow

Reuters

The euro rose for a third day against the dollar on Thursday, pushing above $1.12 for the first time in two months on growing concern over the US economy's prospects.With signs it will h... »

Technical forex report for April 30

Technical forex report for April 30, 2015 by Veracity Financial Services... »

Rupee ends 12 paise down at 63.42

PTI

The rupee depreciated for the second day on Thursday closing down 12 paise at 63.42 against the US currency due to month-end dollar demand from importers and fall in stocks markets. Pers... »

Currency midday update for April 29

Dollar near 2-month low ahead of US GDP, Fed policy statement

Currency midday update for April 28

Currency daily report for April 28

Rupee gains 33 paise

Currency midday update for April 27

Dollar on the defensive after more weak US economic data

MAT issue spooks the rupee


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