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Currency News

Is a weak US dollar a good thing?

13 Feb 2018 15:00Montgomery Advertiser
During the Q-and-A session of a presentation I recently made, I got the following question: Did U.S. Treasury Secretary Mnuchin really mean it when he said a weak dollar was good for the U.S. economy? Since the powers that be have preached the exact ... more

US Dollar Could Support Crude Oil Futures

13 Feb 2018 08:37Market Realist
March US crude oil futures rose 0.51% to $59.59 per barrel at 1:00 AM EST on February 13, 2018. Prices rose due to short covering and a weak dollar. more

Asia: Stocks, US dollar subdued as market seeks next catalyst, oil rises

08 May 2017 22:11THE BUSINESS TIMES
[SINGAPORE] Asian stock markets were mixed on Tuesday following a flat close on Wall Street, as investors searched for the next catalyst following France's presidential election, while oil inched higher on expectations Opec supply cuts will be extended. more

Asia: Most markets boosted by Fed but US dollar sinks

15 Mar 2017 22:45THE BUSINESS TIMES
[HONG KONG] Asian markets rallied and the dollar sank on Thursday after the Federal Reserve lifted US interest rates but gave a more dovish outlook for future hikes, while the euro was also boosted by the expected victory of the incumbent party in ... more

What Now For The US Dollar?

18 Feb 2017 23:37Investing.com
The Dollar Index rallied for ten consecutive sessions through February 14. Despite a series of stronger than expected US data, and confirmation from the leadership of the Federal Reserve of rising confidence that full employment is at hand and that ... more

Rupee appreciates nearly 5 paise to 68.72 against US dollar in early trade

28 Nov 2016 22:14Economic Times
The rupee on Monday settled 30 paise down at 68.77 against the dollar on account of sustained foreign fund outflows. Foreign institutional investors, or FIIs, sold shares worth Rs 461.29 crore on November 28 with gross purchases and gross sales stood ... more

Indian rupee rises against US dollar on firm Asian cues

24 Nov 2016 22:00Livemint
Mumbai: The Indian rupee on Friday jumped 0.5%, the maximum gains in two months, against the US dollar, supported by the suspected intervention of the Reserve Bank of India (RBI) in the currency market and positive cues from Asian peers. more

Stronger US dollar and tighter US dollar liquidity in Asia forseen: Michael ...

24 Nov 2016 21:50Economic Times
The big problem for us here in India is the dollar strength because that is really sort of hammering our own domestic currency. What according to you is leading to the strength in the US dollar and do you think in the run-up to the next Fed meet , this ... more
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