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News

Dollar slumps to 10-week low against yen in Asia
The dollar slumped to a 10-week low against the yen in Asia Thursday as ran for cover in the face of tumbling stock markets and concern the US central bank will soon end its massive stimulus programme.
Indian rupee rebounds on government intervention
The Indian rupee rebounded to 57.88 against a dollar on Wednesday, after hitting a record low of 58.98 in the previous day, on interventions from the government and the Reserve Bank of India.
India rupee in ‘freefall’ as hits record low vs dollar
India’s rupee slid to a record low against the dollar on Monday as dealers moved into the US currency following robust US jobs data and growing concern about the South Asian nation’s struggling economy.
Dollar, shares shaky ahead of US jobs data
The dollar was under pressure on Friday and shares were on track for a third straight week of losses as markets suffered an uneasy run-up to US jobs data later in the session.
Dollar firms in Asia as stocks rebound
The dollar firmed against the yen in Asia on Friday, shrugging off weak US growth figures as a rebound in Tokyo stocks boosted risk sentiment and pulled investors away from the safe-haven Japanese currency.
Yen trade volatile in Asia
Yen trading was volatile in Asia on Friday in tandem with wild swings on the Tokyo stock market, but some analysts said the Japanese currency’s weakening trend was likely to continue.
Dollar above 100 yen for first time in four years
The US dollar topped 100 yen for the first time in more than four years on Thursday as Tokyo’s aggressive stimulus efforts to reflate the Japanese economy continue to depress its currency.
Weak euro data, central bank support bolster dollar, shares
Weak data fanned expectations on Thursday of more central bank action in Europe, keeping yield-hungry investors focused on the region’s stock markets and the dollar near a six-week high against the euro.
Dollar jumps in Asian trade after G7 meeting
The dollar broke through the 102-yen level in Asian trading Monday after Tokyo sidestepped criticism over the unit’s steep decline at a weekend Group of Seven (G7) meeting in Britain.
Dollar surges to multi-year highs on yen in Asia
The US dollar surged in Asian trade on Friday after topping the 100 yen level for the first time in four years, but analysts warned that the Japanese unit’s sharp drop was a double-edged sword.
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