Euro, sterling jump, dollar falters as market shifts to risk assets WASHINGTON/LONDON: Euro and sterling rose against the safe-haven US dollar on Monday, supported by a risk-on... Published 08 Nov, 2022 05:56am
Business & Finance Rouble rebounds to 61 vs dollar MOSCOW: The rouble strengthened to a two-week high on Monday, belatedly responding to last Friday’s dollar ... Published 08 Nov, 2022 05:56am
Business & Finance Dollar drops as US nonfarm payrolls show mixed results NEW YORK: The dollar tumbled on Friday after the US nonfarm payrolls report for October showed the world’s largest... Published 07 Nov, 2022 05:48am
Markets Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook SINGAPORE: The dollar looked set to post its best week in over a month on Friday on expectations that US rates could... Published 04 Nov, 2022 09:59am
Business & Finance Dollar advances after hawkish Fed; pound sinks as BoE warns of ‘very challenging’ outlook LONDON/NEW YORK: The dollar firmed on Thursday, after the Federal Reserve signalled US interest rates will likely... Published 04 Nov, 2022 05:56am
Business & Finance Indian rupee drops MUMBAI: The Indian rupee declined versus the dollar on Thursday after the US Federal Reserve Chair Jerome Powell... Published 04 Nov, 2022 05:56am
Markets Dollar rallies as Fed signals more rate hikes; pound drops LONDON: The dollar rose on Thursday, buoyed by a sharp rise in Treasury yields, after the Federal Reserve signaled... Updated 03 Nov, 2022 02:20pm
Markets Stocks mostly up, dollar drops vs yen, yields fall following Fed decision NEW YORK: US stocks were mostly higher in choppy trading while the dollar fell against the Japanese yen on Wednesday... Published 03 Nov, 2022 12:22am
Markets Dollar falls as Fed decision looms, yen and real gain LONDON/TOKYO: The dollar slipped on Wednesday as investors awaited a Federal Reserve policy decision amid... Published 02 Nov, 2022 06:12pm
Markets Asian shares rise, dollar dips ahead of Fed policy decision SYDNEY: Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar sagged as... Published 02 Nov, 2022 11:25am
Markets Rupee depreciates 0.35%, settles at 221.43 against US dollar Markets keenly await US Fed Reserve announcement Updated 02 Nov, 2022 07:51pm
Business & Finance Weaker dollar pushes copper higher LONDON: Copper prices rose on Tuesday alongside global stock markets and oil as investors bet that central banks... Published 02 Nov, 2022 04:37am
Business & Finance After Atlas Honda, Pak Suzuki also jacks up motorcycle prices in Pakistan Rates of bikes hiked in the range of Rs15,000-20,000 Updated 01 Nov, 2022 04:32pm
Business & Finance Japan govt spent $43bn to bolster yen in October TOKYO: Japan’s finance ministry said Monday it spent $43 billion in October to bolster the value of the yen, which... Published 01 Nov, 2022 05:55am
Markets Corn, wheat sag on firm dollar, concerns over US export demand CHICAGO: US grain futures edged lower on Friday as gains in the dollar made commodities priced in the US currency... Published 30 Oct, 2022 03:57am
Business & Finance Dollar sags as Fed looks less hawkish NEW YORK: The euro rose back above parity against the dollar for the first time in a month on Wednesday after poor ... Published 27 Oct, 2022 05:54am
Markets Weakening dollar pushes industrial metals prices higher LONDON: Industrial metals prices rose sharply on Wednesday as hopes for a slower pace of US interest rate rises... Published 27 Oct, 2022 05:54am
Markets Rupee falls 0.43% against US dollar as political temperature rises Currency ended its three-session appreciation run to settle at 220.68 against US dollar Updated 26 Oct, 2022 06:57pm
Business & Finance Dollar edges up amid suspected BOJ intervention; pound eyes UK politics NEW YORK: The dollar was slightly higher on Monday following another suspected foreign exchange intervention by... Published 25 Oct, 2022 05:51am
Markets Dollar pushes further above 150 yen as US yields soar; sterling slumps SINGAPORE: The dollar strengthened broadly on Friday, punching to fresh 32-year highs above 150 yen, as US Treasury... Published 21 Oct, 2022 10:54am
Business & Finance Japan ramps up intervention threats after yen slides past key 150 level TOKYO: Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key... Published 21 Oct, 2022 05:57am
Business & Finance Dollar gains with Treasury yields NEW YORK: The dollar bounced from two-week lows on Wednesday as Treasury yields rose to 14-year highs, while ... Published 20 Oct, 2022 05:36am
Business & Finance Dollar dips as UK budget U-turn improves market sentiment NEW YORK: The dollar dipped against a basket of major currencies and sterling jumped on Monday after Britain’s new... Published 18 Oct, 2022 06:02am
Business & Finance Indian rupee mostly flat MUMBAI: The Indian rupee reached a record low versus the dollar this week but managed to recoup a large part of its... Published 17 Oct, 2022 05:57am
Business & Finance Dollar hits fresh 24-year high vs yen NEW YORK: The dollar hit a fresh 24-year peak against the yen on Thursday, gaining across the board, after a... Published 14 Oct, 2022 03:39am
Opinion ‘Classic case of good news is bad news’ Every day in the markets is a trip to school these days. Last week began with hopes of the Federal Reserve pivoting... Published 13 Oct, 2022 05:59am
Markets Aluminium staggers lower on recession fears LONDON: Aluminium and some other base metal prices slumped on Tuesday as concern grew that a global economic ... Published 12 Oct, 2022 05:46am
Business & Finance Oil jumps 4pc to 5-week high lifted by OPEC+ output cut NEW YORK: Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to... Updated 08 Oct, 2022 10:23am
Business & Finance Dollar gains as US stocks drop NEW YORK: The dollar rebounded across the board on Wednesday as recent risk-on sentiment reversed and US stocks... Published 06 Oct, 2022 05:59am
Markets Lower dollar lifts copper LONDON: Copper prices rose to their highest in more than a week on Tuesday as a sliding dollar triggered fund ... Published 05 Oct, 2022 05:49am