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Rupee pares early losses to rule stable at 66.66 vs USD

Rupee pares early losses to rule stable at 66.66 vs USD

The rupee pared its early losses to rule steady at its overnight levels of 66.66 against the American currency in late morning deals bouts of dollar selling from banks and exporters.

Oil prices recover amid Greece, supply worries

In mid-afternoon Asian trade, US benchmark West Texas Intermediate for July was up 64 cents at $60.16 while Brent futures for August, a new contract, were up 35 cents at $64.30.

Tokyo stocks close 0.12% higher, capped by Greece woes

Toyota closed up 0.86 percent at 8,394.0 yen and factory robotics maker Fanuc rose 0.84 percent to 26,330.0 yen while Japan`s biggest bank Mitsubishi UFJ slipped 0.21 percent to 890.0 yen.

Europe gains on Greek hopes; dollar up before US data

Europe`s main bourses picked after a slow start. The benchmark FTSEurofirst 300 was last up 0.6 percent, as hopes Greece was closing in on a deal with the European Union, International Monetary Fund and European Central Bank. Greek stocks surged 7 percent.

Asia shares, euro stifled by Greek drama

The euro had less luck as talks on Greece showed no sign of reaching a deal. The single currency was off at $1.1254, from a high of $1.1387 set on Wednesday.

Asian shares turn higher as China rallies, dollar up

The dollar surged 0.6 percent against the Japanese currency to 122.36 yen, breaking above the 122 level for the first time since March 10 and reaching an eight-year peak. 

Dollar declines, gold up after soft US data

The dollar index, which measures the greenback against a basket of six major currencies, hit a more than three-month low.

Asian stocks at two-week lows, bond woes spread, dollar slips

Asian shares have fallen 3% after hitting a more than seven-year high on April. 29. On 6th May, MSCI`s broadest index of Asia-Pacific shares outside Japan slipped 0.3%, while Australian stocks fell 1.5%.

German data lead Europe shares higher, dollar steadies

The Euro Stoxx index of euro zone shares was up 1 percent, retaking some of the ground lost in a decline last Wednesday, when a rising euro hit export-sensitive German stocks.

Gold price retains sharp gains; SPDR holdings at six-year low

Gold was trading near its highest in nearly a week on Monday, retaining sharp short-covering gains from the previous session, but the metal could be susceptible to losses, given weak investor sentiment and a strong dollar.

Gold holds close to seven-week high on safe: Haven demand

Gold was trading close to a seven-week peak on Wednesday as weakness in the dollar and global equities prompted investors to seek safety in the precious metal.

Oil hits 16-month low below $99 on strong US supply growth

Brent crude dropped to a fresh 16-month low below USD 99 a barrel on Wednesday with rising supplies and weak demand helping extend losses into a fifth session.

Dollar holds steady despite upbeat US economic data

The dollar held steady Tuesday amid positive US economic data seen as not strong enough to push the Federal Reserve to advance the start of interest rate increases.

Gold price near 4-month low as stronger equities curb demand

Gold was flat at USD 1,244.55 an ounce. The five-day decline before Tuesday is the metal`s longest losing streak in nearly seven months.

Asian stocks subdued after Wall Street losses

Stocks got off to a lacklustre start and the dollar was on the back foot in early Asian trading on Friday after downbeat results cast a shadow over Wall Street.

Rupee rises to 3-week high, up 36 paise at 62.14 Vs dollar

The rupee climbed 36 paise to a three-week high of 62.14 against the dollar Wednesday after banks and exporters sold the US currency as it weakened overseas.

Rupee erases gains, holds steady at 62.50 against dollar

The rupee wiped out initial gains and closed unchanged at 62.50 against the dollar Tuesday amid alternate bouts of demand and supply and falling local shares.

Rupee drops 24 paise to two-week low of 61.74 against dollar

The rupee on Friday dropped further by 24 paise to close at a more-than two-week low of 61.74 against the dollar.

Rupee gains most in two weeks, up 60 paise at 61.23 Vs dollar

The rupee had its biggest gain in two weeks, rising 60 paise to 61.23 against the dollar Thursday, after US lawmakers reached a deal to end the government shutdown and temporarily avoid a debt default.

Asian shares nose higher, dollar under pressure

Asian shares eked out small gains and the dollar remained under pressure on growing expectations that the US Federal Reserve's impending stimulus reduction might be smaller than some had believed.