Canadian dollar gains 0.3% against the greenback Trades in a range of 1.3637 to 1.3685 Price of oil increases 1.5% 10-year yield touches a four-week high at 3.465% TORONTO, Feb 3 (Reuters) – The Canadian dollar strengthened against its US counterpart on Tuesday as oil prices rose and the greenback posted broad-based declines, but the…
ARK Invest founder and CEO Cathie Wood has delivered a contrarian take on markets, arguing that gold, and not artificial intelligence (AI), is showing signs of a bubble. Her reasoning is based on historical valuation metrics, macroeconomic context, and the US dollar’s trajectory. In a social media post on gold prices recorded their biggest intraday…
(Updates with US trading, updates headline, byline, dateline) Grains pressured by profit-taking, dollar rebounds after four-year low Wheat supported by short-covering, cold weather in US and Black Sea Argentina’s crops need rain, Brazil’s soybean harvest tempers concerns CHICAGO, Jan 30 (Reuters) – Chicago corn, soybean and wheat futures fell on Friday, pressured by profit-taking and…
The rupee on Friday hit its record low of 92.02 before ending a tad higher at 91.97 against the US dollar, amid a firm American currency and volatile geopolitical cues. Forex traders said sustained withdrawal of foreign funds and a negative trend in domestic equities weighed on investor sentiment. At the interbank foreign exchange, the…
Gold, silver price crash: A sharp selloff gripped the precious metals market in Thursday’s trading session, January 29, causing gold prices to crash almost 6% and silver prices to tumble 8%. Both gold and silver retreated sharply from their all-time high levels as the US dollar strengthened and amid a decline in the US stock…
The Economic Survey 2026, tabled by Finance Minister Nirmala Sitharaman in the Parliament on Thursday, took cognizance of the weakness in the Indian rupee but remains unperturbed by its decline amid the high tariff world. The Indian rupee breached the 92 per US dollar mark earlier today and settled the day near an all-time low…
The Indian rupee hit a record low of near 92.00 against the US dollar in early trade on Thursday amid broad weakness across Asian currencies as the greenback recovered. The Indian rupee opened at a low of 91.99 per US dollar as against its previous close of 91.78 level. Sustained outflows of foreign capital flows…
The rupee pared initial gains and settled for the day in the negative territory, down 11 paise at 91.79 (provisional) against the US dollar, as the support from the retreating dollar index was negated by sustained foreign fund outflows. Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited…
The Indian stock market is set to reopen on Tuesday after the Republic Day holiday, with investors watching closely for relief from aggressive US tariff measures and optimism around progress in the India–European Union (EU) trade agreement. On Friday, domestic equities came under heavy pressure amid sustained foreign institutional investor (FII) outflows, rising geopolitical risks,…
Canadian dollar gains 0.5% against the greenback Touches its strongest since January 2 at 1.3705 Retail sales rise 1.3% in November Bond yields increase across the curve TORONTO, – The Canadian dollar extended its weekly gain against the US dollar on Friday as the greenback posted broad-based declines and domestic data showed that retail sales…
