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Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide
Updated On : 04 Feb 2025 | 5:14 PM IST

Rupee weakens amid yuan slide, potential equity outflows, trade concerns

Investors' focus will be the Federal Reserve's policy this week. The Fed is widely expected to make no changes to the policy rate and no new projections on inflation and rates are due at this meeting

Rupee weakens amid yuan slide, potential equity outflows, trade concerns
Updated On : 27 Jan 2025 | 5:33 PM IST

Rupee logs 9th straight week of losses, analysts expect more weakness

The rupee may touch the 86-per-dollar mark in the short term, said Jigar Trivedi, a senior analyst at Reliance Securities, who recommends buying the dollar-rupee pair on every dip

Rupee logs 9th straight week of losses, analysts expect more weakness
Updated On : 03 Jan 2025 | 4:21 PM IST

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Rupee hits all-time low pressured by weak Yuan, strong dollar bids
Updated On : 23 Dec 2024 | 4:06 PM IST

Rupee weakens to new closing low of 84.87 due to rise in US Treasury yields

The rupee had settled at Rs 84.80 per dollar on Friday

Rupee weakens to new closing low of 84.87 due to rise in US Treasury yields
Updated On : 16 Dec 2024 | 7:35 PM IST

Hurt by weak yuan, rise in US bond yields, Rupee logs record closing low

A decline in the yuan and elevated US bond yields had weighed on the rupee through the session and the currency declined further after the trade data was released

Hurt by weak yuan, rise in US bond yields, Rupee logs record closing low
Updated On : 16 Dec 2024 | 4:08 PM IST

China's yuan eases after remarks at key economic meeting fail to inspire

China's 10-year and 30-year sovereign bond yields fell over 4 basis points each to record lows of 1.7650 per cent and 1.9950 per cent, respectively

China's yuan eases after remarks at key economic meeting fail to inspire
Updated On : 13 Dec 2024 | 9:56 AM IST

Trump's trade adviser warns against China's attempt to manipulate currency

Peter Navarro, Trump's new senior counselor for trade and manufacturing, said White House would not interfere with the Treasury's review to see foreign trade partners are not manipulating currencies

Trump's trade adviser warns against China's attempt to manipulate currency
Updated On : 13 Dec 2024 | 9:12 AM IST

Yellen says US will 'react strongly' to any currency manipulation

Asked about the potential for the Trump administration to try to weaken the dollar's value through a new version of the 1985 Plaza Accord, Yellen said that the Biden administration believes it's best

Yellen says US will 'react strongly' to any currency manipulation
Updated On : 11 Dec 2024 | 11:53 PM IST

Chinese authorities may consider a weaker yuan as Trump trade risks loom

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China

Chinese authorities may consider a weaker yuan as Trump trade risks loom
Updated On : 11 Dec 2024 | 2:25 PM IST

China to adopt proactive fiscal policy to spur economic growth in 2025

President Xi Jinping, at a symposium on Dec. 6, urged full preparation to achieve 2025 economic targets, and said the country's current development faces many challenges

China to adopt proactive fiscal policy to spur economic growth in 2025
Updated On : 09 Dec 2024 | 3:42 PM IST

Asian stocks rise to record highs on Wall Street; euro, yuan slump behind

The dollar received some support overnight from better-than-expected U.S. manufacturing data, which also showed a mitigation in price increases

Asian stocks rise to record highs on Wall Street; euro, yuan slump behind
Updated On : 03 Dec 2024 | 8:54 AM IST

Alibaba plans to raise $5 billion through dual currency bond issuance

The current dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond, a term sheet seen by Reuters showed. Alibaba is also working on a 3.5-year, 5-year, 10-year and 20-year

Alibaba plans to raise $5 billion through dual currency bond issuance
Updated On : 18 Nov 2024 | 1:12 PM IST

Xi's dream of 'powerful currency' likely to be challenged by Trump's return

The yuan risks years of downward pressure during the second Trump presidency, and the threat of another trade war is already fueling bets against the currency

Xi's dream of 'powerful currency' likely to be challenged by Trump's return
Updated On : 16 Nov 2024 | 8:42 AM IST

Dollar roars with bitcoin as Trump trades shine; euro, yuan slump

The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs

Dollar roars with bitcoin as Trump trades shine; euro, yuan slump
Updated On : 12 Nov 2024 | 3:57 PM IST

Rupee weakens to new intra-day low as investors exited from carry trades

Market participants said that the RBI asked some banks to refrain from speculative trading against the rupee

Rupee weakens to new intra-day low as investors exited from carry trades
Updated On : 07 Aug 2024 | 11:32 PM IST

Rupee worst Asian currency in U-turn as yuan carry trades unwind

The contrasting fortunes have carried over into August. The offshore Chinese yuan climbed to nearly 7.11 on Monday, its best level since the first week of this year

Rupee worst Asian currency in U-turn as yuan carry trades unwind
Updated On : 05 Aug 2024 | 2:20 PM IST

Rupee falls to new record low tracking the decline in Chinese Yuan

Market participants said that the Indian currency did not depreciate further as the Reserve Bank of India intervened in the foreign exchange market by selling dollars

Rupee falls to new record low tracking the decline in Chinese Yuan
Updated On : 22 Jul 2024 | 7:48 PM IST

Asia stocks rally as US Fed rate cut bets gather momentum; ECB in focus

The shifting Fed expectations lifted oil prices and dragged Treasury yields to their lowest in two months after data this week hinted the US labour market was easing

Asia stocks rally as US Fed rate cut bets gather momentum; ECB in focus
Updated On : 06 Jun 2024 | 8:40 AM IST

China's yuan hits 6-month low against strong dollar despite state bank aid

The move comes as US Treasury yields pushed to a near four-week peak lifting the greenback higher

China's yuan hits 6-month low against strong dollar despite state bank aid
Updated On : 29 May 2024 | 12:42 PM IST