FORGOTTEN HISTORY: Us dollar - Caught on Camera

Cotton Fading Lower on Friday

Cotton prices are down 29 to 36 points on Friday morning. Futures closed with gains of 21 to 43 points across the board on Thursday. Crude oil was up 8 cents per barrel on the session, with the US dollar index $0.271 lower. USDA’s Export Sales report showed 216,488 RB...

Barchart · 9h ago

Rupee rises 33 paise to close at 94.93 against US dollar

The rupee closed at 94.93 against the US dollar, marking a gain of 33 paise. Positive trends in domestic markets contributed to this improvement, despite elevated crude oil prices. Foreign Institutional Investors sold equities worth Rs 943.60 crore on a net basis. The IMF advocated for exchange rate flexibility in…

The Economic Times · 11h ago

Global Market: Chinese yuan hits four-year high, heads for fourth straight monthly gain

China’s yuan reached its strongest level against the US dollar in more than four years, supported by exporter dollar sales, robust exports and a weaker greenback. The currency has gained about 5% this year, while the PBOC’s stronger daily fixing suggests policymakers are comfortable with its appreciation, though the pace…

The Economic Times · 15h ago

Rupee rises 3 paise to close at 95.25 against US dollar

The Indian rupee appreciated by 3 paise to reach 95.25 against the US dollar. It started the day at 95.20 but hit an intra-day low of 95.38. Positive domestic market trends and declining crude oil prices helped stabilize the currency. Analysts expect the rupee to face pressure due to a…

The Economic Times · Oct 29

Dollar steady after Fed hold leaves rate path murky

After the Federal Reserve's decision to keep interest rates steady, the US dollar found stability. Investors are now grappling with uncertainty regarding potential rate increases as inflation figures loom. The Fed highlighted robust economic growth, with Chair Kevin Warsh emphasizing the need for inflation control without hindering this progress. Eyes…

The Economic Times · Oct 29

D-St set for a negative opening as GIFT Nifty signals weak start

Benchmark Nifty experienced a marginal decline after recovering from a significant low during the trading session. Analysts believe Indian equities may remain range-bound. The rupee weakened against the US dollar due to rising crude oil prices and a strengthening dollar. Foreign portfolio investors were net buyers on Wednesday, with significant…

The Economic Times · Oct 29

Cotton Closes Higher on Wednesday

Cotton futures closed the Wednesday session with contracts 8 to 25 points in the green, with outside factors supportive. Crude oil is up $2.04 per barrel on the session, with the US dollar index $0.167 lower. The Seam reported just 906 bales sold on Thursday, at an average of 67.42...

Barchart · Oct 28

Cotton Getting Slight Midday Gains on Wednesday

Cotton futures are showing modest 25 to 34 point gains across the front months on Wednesday. Crude oil is up $3.05 per barrel on the session, with the US dollar index $0.072 lower. The Seam reported just 906 bales sold on Thursday, at an average of 67.42 cents/lb. The Cotlook...

Barchart · Oct 28

Cotton Bouncing Back on Wednesday Morning

Cotton prices are back up 34 to 48 points early on Wednesday. Futures closed the Tuesday session with contracts down 79 to 112 points across the board. Crude oil is down $1.56 per barrel on the session, with the US dollar index $0.410 higher. Crop Progress data tallied 89% of...

Barchart · Oct 28

US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows rise

The US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from American equities and corporate bonds. Weaker growth, lower interest rates and credit-market stress could amplify the risk.

The Economic Times · Oct 28