At 12.21 pm local time, the rupee was trading at 55.66 against the dollar. The rupee today opened lower at 55.74 due to weaker Asian markets and dollar demand from oil importers. It had closed at 55.61 against the dollar on Wednesday. Further a weak

The dollar remained higher versus the yen following a gain yesterday before U.S. data forecast to show consumer spending rose the most in five months. The greenback held a climb against the euro as investors weigh whether Federal Reserve Chairman Ben S.

The rupee opened steady at 55.65 against the dollar as Asian markets and the euro also held firm, pending US Federal Reserve announcement on further monetary stimulus on Friday. The markets are also glued to developments in the Euro Zone with a key

The yen and dollar strengthened against most peers after Japan cut its economic assessment and analysts forecast German data will show consumer sentiment deteriorated, adding to signs global output growth is slowing. The Dollar Index (DXY) rose for a

At the time of writing, USD/JPY is trading at 3-day highs in early Asia, last at 78.77 vs. 78.62 late Friday. If the advance continues in the hours ahead, resistance levels lie at 78.80, 79.05 and 79.30, while support levels lie at 78.40, 78.10 and

The U.S. dollar edged higher against the yen on Monday, but gains were limited as markets were jittery ahead of euro zone data to be published later in the week, amid sustained concerns over the region’s sovereign debt crisis. USD/JPY hit 78.84 during

China's latest data flows suggested that the global headwinds facing China are much stronger than expected, which forced us to lower our 2012 China GDP forecast to 8.0% from 8.4% and 2013 forecast to 8.5% from 8.8%, HSBC says in a note. Beijing still

The dollar trader higher against the yen on Monday as investors sold the safe-haven yen and snapped up equities in a risk-on trading session on hopes central banks in the U.S., Europe and Asia will announce stimulus measures to spur global recovery. In

The rupee today opened weaker at 55.57 against the dollar from Friday’s close of 55.50 on dollar demand from oil importers and weak Asian shares. At 10.15 am, the Indian unit was trading lower at 55.61 per US dollar as the dollar rose against the euro

The euro had its largest weekly gain against the dollar in six months as the Federal Reserve signaled it’s increasing likely to try to stimulate economic growth and amid growing optimism Europe’s leaders will contain its crisis. The 17-nation shared

The dollar slid versus most of its major peers for a fourth day amid speculation the Federal Reserve will start another round of asset purchases, known as quantitative easing, which could debase the greenback. The U.S. currency touched a seven-week low

The ringgit traded higher against the US dollar, in early trade, as the greenback declined on expectations of more stimulus measures from US to bolster economic growth in the world's largest economy, dealers said. The ringgit rose against the US dollar

The rupee fell by 34 paise to 55.99 against the dollar in early trade at the Interbank Foreign Exchange market today as the American currency gained against other currencies overseas. Forex dealers said besides strengthening of dollar overseas, rupee