Currency Markets News
INR vs USD: Rupee at 87? Experts predict fall in domestic currency on India-Pakistan conflict
INR vs USD: The India-Pakistan conflict, stronger dollar, rise in crude oil prices and weakness in equity markets are among the key reasons behind the fall in rupee.
3 min read9 May 2025Dollar hits three-year low amid Donald Trump’s criticism of Fed Chair Jerome Powell
The dollar dropped more than 1.5% against the Swiss franc to 0.8063, marking its lowest level in ten years. The euro reached $1.1535 — its highest level since November 2021. Against the Japanese yen, the greenback fell to a seven-month low of 140.66.
2 min read22 Apr 2025Trump’s tariffs were supposed to boost the dollar. Why the opposite happened.
The U.S. dollar whipsawed against major currencies after Trump unveiled sweeping “Liberation Day” tariffs—highlighting uncertainty on Wall Street over how to trade the U.S. currency.
3 min read3 Apr 2025Dollar winds down after volatile week, China NPC in focus
GLOBAL-FOREX/:FOREX-Dollar winds down after volatile week, China NPC in focus
3 min read8 Nov 2024Goldman Says Traders Are Too Worried About Delays to US Vote Result
Goldman Sachs Group Inc. said global investors are overstating the risk that financial markets will be plunged into uncertainty by the lack of a clear victor soon after next week’s US presidential election.
1 min read30 Oct 2024RBI repo rate cuts seen delayed to 2025 as inflation spikes to nine-month high in September
The sharp rise in September's retail inflation has led some economists to delay expectations for interest rate cuts to the first half of 2025.
4 min read15 Oct 2024NSE’s loss, Singapore’s gain: Rupee volumes on SGX surge as foreign investors leave in hordes
The market's fears about the impact of RBI's decision to restrict the use of exchange-traded currency derivatives for hedging appear to have come true. Investors are ditching NSE in favour of the Singapore Exchange for trading in rupee-dollar futures.
2 min read10 Jul 2024Japan Says It’s Ready to Intervene in Currency Markets 24 Hours a Day If Needed
The yen inched lower toward a key level against the dollar Monday, even as Japan’s top currency official warned that authorities stand ready to intervene in currency markets 24 hours a day if necessary.
1 min read24 Jun 2024Yellen says currency intervention acceptable only in rare situations
YELLEN-INTERVIEW/DOLLAR (UPDATE 1):REUTERS NEXT-Yellen says currency intervention acceptable only in rare situations
1 min read26 Apr 2024Morgan Stanley downgrades outlook on US dollar to neutral amid falling Treasury yields after Fed’s dovish pivot
Morgan Stanley cut its outlook for the US currency to ‘Neutral’ from ‘Bullish’. However, it noted that seasonality and short positioning could potentially still drive further upside, Bloomberg News reported.
1 min read5 Jan 2024