Tag Archives: Dollar

The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.

The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.

USDSGD edges higher as speculation about Donald Trump’s potential election victory boosts the US dollar. Learn how political developments are impacting the market.

CNH slid to an eight-month low against the US dollar due to weak inflation data and a rebound of the greenback. Read about the market implications and outlook.

Key points: Dollar firms on Powell’s caution See: Dollar index trading at 104.768 as seen on the VT Markets app. Powell highlighted a cooling job market, indicating that the Fed faces “two-sided risks” and cannot focus solely on inflation. This statement underpinned the dollar’s rebound, with the dollar index (DXY), which measures the U.S. currencyContinue Reading

Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell’s testimony before Congress. The rupee’s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. OpeningContinue Reading

The US dollar weakens in the face of softer job growth and expectations of potential rate cuts. Upcoming testimony by Jerome Powell may provide deeper insights.

The Australian dollar (AUD) is nearing a six-month high due to yield differentials and prospects of a Federal Reserve rate cut. The New Zealand dollar (NZD) faces an important central bank policy meeting.

Stock price of Tesla rebounds by 75%, driven by strong Q2 delivery figures. Elon Musk reclaims the top spot among the rich in the world, with a net worth of $252 billion.

The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.