Forex – Atlas Today

Written by:RituPosted on:January 4, 2023

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was dented by a warning from the International Monetary Fund (IMF) on a potential recession, while concerns over rising COVID-19 cases in China also weighed. This saw…

Written by:RituPosted on:October 27, 2022

Two stocks have been placed under the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Oct 27, 2022. The two stocks under the F&O ban list on Thursday include the state-owned leading engineering and manufacturing giant Bharat Heavy Electricals (NS:BHEL), and the state-owned lender Punjab National Bank The two securities have exceeded 95% of the market-wide position limit (MWPL), thereby banned for trade under the futures and options segment…

Written by:RituPosted on:October 27, 2022

The domestic market made a positive opening on Thursday as traders returned to the Street after a day’s off on Wednesday, tracking positive cues from global markets, especially as Asian equities traded in the green during the pre-opening session An easing US dollar pushed treasury yields lower on rising hopes that the US Fed would go easy on the magnitude of rate hike at its upcoming policy meeting, especially after the Bank of Canada’s lower-than-expected…

Written by:RituPosted on:May 4, 2022

In early trade on Wednesday, the rupee rose 8 paise to 76.40 against the US dollar in anticipation of foreign fund inflows through the LIC IPO. The rupee began at 76.46 against the dollar on the interbank foreign exchange, then gained ground to quote at 76.40, an increase of 8 paise from the previous close. The rupee was trading at 76.48 against the US dollar on Monday. Due to Id-Ul-Fitr, the FX market was closed…

Written by:RituPosted on:February 21, 2022

The rupee spurted by 22 paise to 74.44 in early trade on Monday on softer crude oil prices and revived hopes of a diplomatic solution to the Russia-Ukraine crisis. The local currency opened on a strong note at 74.51 to a dollar at the interbank foreign exchange market against the previous close of 74.66 on Friday. The rupee gained further ground to trade at 74.44 at 1030 hours, supported by benign crude oil prices. Reports suggested that the…

Written by:RituPosted on:July 7, 2021

By Administrator_India Capital Sands The dollar was down on Wednesday morning in Asia ahead of the U.S. Federal Reserve’s release of the minutes from its latest meeting. The euro, meanwhile, fell to an almost three-month low against the greenback as German economic data disappointed and raised concerns about the country’s economic recovery from COVID-19. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.01% to 92.532 by 11:41 PM ET .…