MUMBAI: Rising for the fifth day in a row, the rupee today appreciated 22 paise against the US dollar to end at an over seven-month high level of 60.85 on heavy capital inflows into equities that surged to a fresh record.
Investing.com - The U.S. dollar rose to one-week highs against the Canadian dollar on Monday as Friday's dismal jobs report continued to weigh on Canada's dollar, while upbeat employment data continued to boost the greenback.
A two-week slide in China's currency gained momentum on Friday, with the yuan falling the most in two decades as Beijing seeks to shake out speculators betting on a one-way rise and curb short-term money inflows.
Feb 28 (Reuters) - Speculators reduced bets on the U.S. dollar in the latest week, with net longs falling to their lowest in nearly four months, according to data from the Commodity Futures Trading Commission released on Friday.
LONDON, March 10 (IFR) - The Bank of England, rated Aa1/AAA/AA+, has opened order books on a new three-year US dollar bond issue with guidance at mid-swaps minus 1bp area, a source close to the discussions said on Monday.
A EURUSD break above major trendline represents a clear danger for the suddenly-downtrodden US currency, and indeed there seems to be relatively little in the way of fresh multi-year highs for the single currency (lows for the USD).