FXstreet.com (Edinburgh) - The US Dollar index, which gauges the greenback against its major rivals, is now trading on the back foot, posting marginal losses around 80.70 ahead of the Fed meeting.
MUMBAI: The US dollar ended dearer against the rupee at 57.87/88 per dollar and the Pound Sterling also finished higher at Rs 90.94/96 per pound at the close of the Interbank Foreign Exchange Market (Forex) on Monday.
In the international market, the US dollar slipped against the Japanese yen and the euro in the early trade ahead of highly anticipated guidance from the US Federal Reserve on what it plans to do with its bond-buying programme.
NEW YORK (MarketWatch) - The U.S. dollar rose on Tuesday against the Japanese yen, as the Federal Open Market Committee begun a two-day meeting to decide on monetary policy.
It was the first time the U.S. dollar has closed above the NT$30 mark since June 13 as the central bank aimed to keep the New Taiwan dollar cheaper on a day when the Japanese yen and South Korean won also lost ground against the greenback, they said.
The Reuters calculation for the aggregate U.S. dollar position is derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc, Canadian and Australian dollars.
The ringgit rebounded against the US dollar after declining for two consecutive days as investors took advantage of recent steep losses to accumulate the local currency, dealers said.
The Australian dollar recovered from early weakness to end Wednesday little changed as traders marked time ahead of a key monetary policy decision in the US. At 1700 AEST on Wednesday, the Aussie was trading at 94.92 US cents, in line with its level on ...
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