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US dollar currency speculators increase net long position to near six week high

Large currency speculators in the US dollar futures market increased net long position to their highest level in nearly six week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 3758 contracts in the data reported through June 02, 2026, marking a rise of 2908 net positions compared to the previous week.

Three Metal stocks that are down over 10% in the last four sessions

A rising US Dollar is generally negative for metals as they are globally priced in that currency and therefore a rising dollar means decreased purchasing power and higher yields mean investors prefer interest yielding instruments instead of commodities like metals, which do not yield any interest.

The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, Taiwan

A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows and intensified the shift from active to passive investing.

INR Vs USD Rate Today: Rupee Falls 17 Paise To Rs 95.35 Per US Dollar Mark On Weak Global Cues

INR Vs USD Rate Today: The local currency fell 17 paise to Rs 95.35 against the US dollar

Dollar index holds above 100 mark

The US dollar index surged above 100 mark on Friday to a two month high following strong US jobs report that increased possibility of a Federal Reserve interest rate hike soon. Jobs data showed the US economy added 172,000 positions in May, far exceeding forecasts. The report pushed Treasury yields higher, with the 10-year yield rising above 4.5% fueling concerns that elevated borrowing costs could weigh on economic growth and investment. Meanwhile, lack of any concrete settlement on US and Iran war front that is keeping oil prices elevated is also adding to inflationary pressures and flocking inventors to dollar for respite. US stocks also slumped on Friday after a strong jobs report consolidated the outlook of restrictive interest rates, while chip producers extended their selloff. The dollar index that measures the greenback against a basket of currencies ended the week at 100.03, up 0.67% on the day.

INR losses momentum as dollar index spikes above 100 mark

The Indian rupee slipped in opening trades on Monday tracking sharp spike in dollar index above 100 mark. Dollar index spiked above 100 for the first time in two months following a strong jobs data, driving sooner than expected rate hike by Fed. INR opened at Rs 95.35 per dollar and hit a high of 95.28 so far during the day. On Friday, rupee ended at 95.18. Indian shares are seen opening sharply lower on Monday as investors weigh weak global cues and escalating Middle East tension against strong domestic GDP data as well as the Indian government's decision eliminating the 12.5 percent long term capital gains tax on foreign institutional investment in government bonds. India's economy grew an unexpectedly strong 7.8% year-on-year in the January-March quarter, the government said on Friday, as robust private investment, farm output and construction activity offset the early impact of the Middle East conflict.

Rupee gives up Friday's gains, opens 37 paise weaker against dollar

Indian rupee opens sharply lower against US dollar as rising crude prices, Asian equity selloff and strong US jobs data weigh on sentiment.

Rupee opens 37 paise lower at 95.32 against US dollar

The Indian rupee fell to 95.32 against the US dollar due to geopolitical tensions, rising oil prices, and a global selloff. RBI measures may attract $30-50 billion in capital inflows, improving outlook, though the currency remains sensitive to oil price movements.

Zia Mody On Building India's Top Law Firm, Billion-Dollar Deals & The Future of Law

Asia markets tumble as tech rout deepens

Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of potential Federal Reserve rate hikes and upcoming inflation data. Meanwhile, escalating Middle East tensions pushed oil prices higher, while the dollar strengthened against the yen.

7 most valued firms' mcap eroded ₹1.25 trn last week, RIL took biggest hit

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.25 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent. "Persistent FII selling remained the key drag on market sentiment despite supportive developments such as cooling crude oil prices and a recovery in the rupee against the US dollar. Concerns regarding the pace of monsoon advancement also weighed on investor confidence," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation, while HDFC Bank, ICICI Bank, and State Bank of India were the gainers. The market valuation of ...

Rupee May Recover Up To 92/Dollar On Fresh Capital Inflows After RBI's G-Secs Move

Rupee's imminent rebound on the horizon for experts