Jun 17, 2011 10:08 AM IST
The Indian rupee was up by 5 paise at Rs 44.85 per US dollar in early trade on the Interbank Foreign Exchange today, supported by a higher opening in the
- Jun 14, 2011 05:04 PM IST
While on the domestic front, healthy monsoons and debt-related inflows would continue to support the rupee, we recommend investors to go short in USD-INR pair at 44.81-82 for a target of 44.50 in spot.
- Jun 10, 2011 10:15 AM IST
The Indian rupee strengthened by 5 paise to Rs 44.67 per US dollar in early trade on the Interbank Foreign Exchange today, largely in tandem with dollar weakness against other Asian currencies overseas.
- Jun 09, 2011 08:17 PM IST
The euro surrendered gains against the dollar on Thursday after European Central Bank President Jean-Claude Trichet signaled a rate hike next month that already had been widely expected, leaving little room for further upside in the single currency.
- Jun 08, 2011 08:55 AM IST
The US dollar fell against major currencies on Tuesday after a senior Chinese currency regulator warned about the risks of excessive dollar holdings, while stocks rebounded as investors bought beaten-down shares.
- Jun 07, 2011 11:59 AM IST
Turbulence in the US has been massive. As a result, the economy has been seeing a slowdown. Despite this, Robert Doll of BlackRock doesn't expect QE3. "The economic recovery in the US is likely to be slow, however, chances of it seeing a double-dip is doubtful," he added.
- May 31, 2011 11:33 AM IST
The Indian rupee appreciated by 13 paise to Rs 44.95 per US dollar in early trade today due to sustained selling of dollars by banks and exporters amid firm domestic equity markets and dollar weakness overseas.
- May 27, 2011 11:46 AM IST
The Indian rupee gained another 12 paise to Rs 45.18 per US dollar in early trade on Friday on sustained selling of dollars by banks and exporters amid dollar weakness overseas and firm domestic equity markets.
- May 25, 2011 05:16 PM IST
We expect the rupee to trade weak against a strong dollar, coupled with negative sentiments in the domestic markets. We expect USDINR to test 45.40 mark in spot in the coming fortnight.
- May 23, 2011 06:05 PM IST
Rober Parket of Credit Suisse asset management, in an exclusive interview with Mitali Mukherjee, gave his perspective on the tough challenges ahead of euro-zone to fight debt.
- May 12, 2011 04:27 PM IST
Ryan Detrick, Chief Strategist at Schaeffer's Investment, told CNBC-TV18 that higher dollar is sending crude down, creating pressure on the already sliding energy stocks, and developing additional concern for the market.
- May 12, 2011 01:05 PM IST
Asian share markets tumbled on Thursday after a second big sell-off in commodities in less than a week curbed investor appetite for riskier investments and boosted the US dollar, while a short-lived recovery in oil prices was wiped out in late trade.
- May 10, 2011 10:01 AM IST
Richard Ross, technical analyst at Auerbach Grayson, gives his perspective to CNBC-TV18 on the latest newsflow coming from the US markets.
- May 03, 2011 04:55 PM IST
This development, coupled with the broad weakness in the US dollar, may drive the USDINR pair to 43.75-80 on the downside. We recommend investors to stay long in the rupee in the coming fortnight.
- May 03, 2011 02:01 PM IST
Asian shares fell on Tuesday, with falling commodity prices dragging on mining stocks, while the Aussie dollar eased after the central bank held interest rates and Canada's currency rose as the ruling Conservatives won a federal election.
- May 03, 2011 10:09 AM IST
The rupee fell on Tuesday as sentiment was weakened by the broad recovery in the US dollar and a weak opening of domestic shares but the central bank's policy decision was eyed for further cues.
- May 03, 2011 08:04 AM IST
US stocks erased gains, ending slightly down, and oil prices closed modestly lower on Monday as investors concluded Osama bin Laden's death will do little to ease global economic and political risks.
- May 02, 2011 04:49 PM IST
Alastair Newton, Managing Director and Senior Political Analyst of Nomura International spoke to CNBC-TV18 of the global repercussions and what the financial markets takeaway should be following the death of Osama bin Laden.
- Apr 26, 2011 10:53 PM IST
World stocks surged toward three-year highs on Tuesday and the US dollar eased against the euro as investors bet the US Federal Reserve will keep its easy monetary policy in place at its meeting this week.
- Apr 21, 2011 10:05 AM IST
The US dollar slid to a 3-year-low against a basket of major currencies and Asian stocks jumped to a 3-year high on Thursday, as investors scrambled to get in front of upward momentum in higher-yielding assets, particularly in emerging markets.
- Apr 21, 2011 08:16 AM IST
The US dollar slid to a 2-1/2-year low against a basket of major currencies and Asian stocks were poised to hit a 3-year high on Thursday, as investors scrambled to get in front of upward momentum in higher-yielding assets, particularly in emerging markets.
- Apr 18, 2011 08:55 AM IST
Yield-hungry investors pouring money into emerging markets and shunning the dollar will not be deterred by a warning from finance leaders at the weekend about the danger of inflation in the developing world.
- Apr 11, 2011 01:04 PM IST
Gold jumped to a record high for a fifth straight trading day on Monday as the prospect of more declines in the U.S. dollar drove investors into the precious metal, with record exchange traded fund holdings helping silver to its highest in more than three decades.
- Apr 09, 2011 12:07 PM IST
Going forward, the rupee may continue to strengthen to 44.10-20 as the RBI is widely expected to continue its rate tightening cycle and raise policy rates further, which would trigger more debt-related inflows.
- Apr 08, 2011 12:21 PM IST
In an interview with CNBC-TV18 Olivier Desbarres, Director, Asia FX Strategy of Credit Suisse and Jamal Mecklai, CEO of Mecklai Financial Services gave their readings and outlook for the global curreny market.