Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Week Ahead: AI Bounce, US Dollar Wobble, and the Return of the Liquidity Trade - Investing.com India
Week Ahead: AI Bounce, US Dollar Wobble, and the Return of the Liquidity TradeInvesting.com India
Yen to extend historic slump, while AI and energy 'supply bust' to support the US dollar: Goldman
Goldman Sachs has turned more bearish on the Japanese yen, arguing that the currency is likely to weaken further even with an intervention.
Rupee falls 10 paise to 95.28 against US dollar in early trade
Rupee fell 10 paise to 95.28 against the US dollar due to broad dollar strength. Forex reserves dropped USD 5.654 billion to USD 666.933 billion.
Rupee slips 10 paise as stronger dollar and geopolitical jitters outweigh positive cues - The Times of India
Rupee slips 10 paise as stronger dollar and geopolitical jitters outweigh positive cuesThe Times of India
INR slips in opening trades as dollar recovers marginally; downside seen limited
The Indian rupee fell 10 paise to 95.28 against the American currency in early trade on Monday, weighed down by slight uptick of the American currency in the overseas market. However, positive cues from local equities and easing international oil prices are likely to limit downside in the counter. Indian shares are seen opening in green, with underlying sentiment likely to remain underpinned by improving earnings visibility and expectations of a more supportive global liquidity environment going forward. The BSE Sensex gained 176.99 points (0.23%) to open at 77,940.90, while the NSE Nifty 50 rose 36.00 points (0.15%) to open at 24,306.85.
Sensex, Nifty opened higher; Rupee falls 10 paise, now at 95.27 against US dollar - The Indian Express
Sensex, Nifty opened higher; Rupee falls 10 paise, now at 95.27 against US dollarThe Indian Express
Gold, silver trade volatile amid elevated dollar, easing US Fed rate hike bets; what should investors do?
Gold and silver prices witnessed some volatility in early trade on the MCX on Monday, 6 July, torn between easing concerns over US Fed rate hikes after softer-than-expected jobs data, and elevated dollar.
Rupee opens 2 paisa lower at 95.23 against US dollar - livemint.com
Rupee opens 2 paisa lower at 95.23 against US dollarlivemint.com
Goldman sees no return to broad-based dollar weakness anytime soon - in.investing.com
Goldman sees no return to broad-based dollar weakness anytime soonin.investing.com
Gold’s sharp correction: What lies ahead for prices?
Gold has corrected sharply from record highs as a stronger US dollar, elevated bond yields and expectations of prolonged higher interest rates weighed on prices. Experts view the decline as a technical correction, recommending staggered buying and long-term holding amid supportive structural demand.
Gold, silver prices today: Comex gold and silver extend rally as weak US jobs data cools Fed rate hike fears
Gold and silver prices rose on 3 July as easing rate hike fears followed a weak US jobs report. Comex gold futures climbed to $4,208, while silver futures reached $63.50. Employment data indicated a slowdown, lowering rate-hike expectations and negatively impacting the dollar.
INR settles higher as the dollar index retreats from its recent 15-month high
The Indian rupee appreciated 14 paise to close at 95.21 (provisional) against the US dollar on Friday as the dollar index retreated from its recent 15-month high levels and mirrored positive domestic equities. Indian shares rose for a third straight session on Friday, even as markets ended off their day's highs due to profit booking at higher levels. Underlying sentiment was underpinned by the recent fall in crude prices to near pre-conflict levels and reduced expectations that the U.S. Federal Reserve will raise interest rates in the coming months. Overnight data showed U.S. jobs growth slowed sharply in June, and the two prior months' data were revised lower, raising expectations that the Fed will hold rates this month and potentially in September. However, despite a weaker dollar index and lower crude oil prices, the rupee is facing pressure from robust dollar demand from importers and corporate hedgers. At the interbank foreign exchange market, the rupee opened at 95.20 against ..