archiveUS Dollar

Asian currencies are surging as the US dollar weakens, and it could impact summer travel costs.The dollar's decline is driven by the "Sell America" trend and trade negotiations.A weaker dollar may shift purchasing power to Asia, affecting investments and markets.Dreaming of a cocktail on the beach in Malaysia or exploring the buzzing night markets of Taiwan?You might want to hold that thought: Summer vacations in Asia may get more expensive than you think, as the US dollar continues to come under pressure.The typically stable Taiwan dollar surged by as much...

The Indian rupee depreciated 45 paise to close at 84.80 against the US dollar on Wednesday, driven by heightened tensions between India and Pakistan following India's military strikes on terrorist camps in Pakistan. Mumbai, May 7 (PTI) The rupee depreciated 45 paise to close at 84.80 (provisional) against the US dollar on Wednesday, as heightened cross-border tensions following India's military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir weighed on the domestic currency.Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and...

US Stock Market LIVE: US stocks are sinking on Tuesday (May 6) as AI mania on Wall Street loses more steam and as more companies scrub their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs. The S&P 500 was down 1.1% in early trading and on track for a second drop after breaking a nine-day winning streak, its longest such run in more than 20 years.US Stock Market LIVE: US stocks are sinking on Tuesday (May 6) as AI mania on Wall Street loses more steam and...

Rupee traded in a narrow range on Tuesday, slipping 8 paise to 84.38 against the US dollar in early trade amid a stronger dollar index, weakness in Asian currencies, and lingering geopolitical tensions between India and Pakistan. At the interbank foreign exchange, the rupee opened at 84.28 and moved between an early high of 84.26 and a low of 84.38 against the greenback. The domestic currency had closed at 84.30 on Monday, registering a 27 paise gain. Forex traders said that while the USD/INR pair remained under pressure from global...

US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...

US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...

US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. The S&P 500 rose 1.47% to close at 5,686.67, marking its ninth consecutive day of gains — the longest such streak since...

US Stock Market LIVE: US stocks rose in trading on Wall Street Friday (May 2) following a stronger-than-expected report on the U.S. job market. The S&P 500 gained 1.3%, putting the index on track for a ninth straight day of gains. The Dow Jones Industrial Average rose 449 points, or 1.1%, as of 11:06 a.m. Eastern. The Nasdaq composite rose 1.4%. The gains were broad. Technology stocks were among the companies doing the heaviest lifting.US Stock Market LIVE: US stocks rose in trading on Wall Street Friday (May 2) following...

May 2, 2025 10:27 AM ISTUS Stock Market Live: Standard Chartered Beats Estimates In Q1Standard Chartered on Friday beat first-quarter profit expectations on the back of strong growth in its wealth management and global markets businesses. The bank’s reported profit before taxation for the three months ended in March was $2.103 billion, up from $1.91 billion in the same period a year ago. “We delivered a strong performance in the first quarter of 2025, with earnings per share up 19%, driven by double-digit income growth in Wealth Solutions, Global Markets...

US Stock Market Crash Highlights: The S&P 500 eked out a modest gain on Wednesday (April 30), rising 0.15% to close at 5,569.06, as investors grappled with fresh recession concerns following data showing a contraction in US economic growth. The Dow Jones Industrial Average added 141.74 points, or 0.35%, ending at 40,669.36.US Stock Market Highlights: The S&P 500 eked out a modest gain on Wednesday (April 30), rising 0.15% to close at 5,569.06, as investors grappled with fresh recession concerns following data showing a contraction in US economic growth. The...