Dollar Archives - DD India

March 14, 2025 12:26 PM

Dollar firm, euro drifts as global trade tensions escalate

The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as markets grappled with escalating global trade tensions and risks of a sharp economic downturn. Elsewhere, the yen gave up more of its recent ga...

February 13, 2025 6:48 PM

Brazil nixes BRICS currency, eyes less reliance on ‘mighty’ dollar

Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda may pave the way for less reliance on the U.S. dollar in global trade. That ...

December 31, 2024 4:54 PM

Global stocks and dollar end 2024 steady, 2025 all about Trump

World stocks held steady on Tuesday in cautious year-end trading that has seen investors bracing for the incoming Donald Trump administration by scaling back bets on deep U.S. interest rate cuts in 2025, helping the dollar stand tall against most oth...

November 19, 2024 9:12 AM

Asian stocks rise, dollar weak as US yields tick down

Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump's cabinet selection and sought to gauge the outlook for Federal Reserve easing. Tech shares advanced,...

June 14, 2024 9:33 AM

Asian stocks slide, yen wobbles ahead of BOJ verdict

Asian stocks fell on Friday as investors pondered the outlook for U.S. rates after the Federal Reserve tempered its rate-cut views even as inflation came in softer than expected, while the yen was shaky before the Bank of Japan's policy meeting. ...

May 31, 2024 3:15 PM

Global stocks and dollar idle ahead of Fed’s favourite inflation figure

Global shares were little changed on Friday in subdued trading as investors hunkered down for key U.S inflation figures that will shape the Federal Reserve's thinking on interest rates when it meets mid-June. The dollar was steady against peer curre...

September 18, 2023 2:59 PM

FOREX-Dollar hovers near six-month high before key central bank decisions

The US dollar is currently at a six-month high as traders anticipate interest rate decisions from the Federal Reserve, the Bank of England, and the Bank of Japan this week. The euro is roughly level against the dollar at $1.0658, while the Japanese y...