Dollar Set For Biggest Weekly Drop Since April After Jobs Data Lowers Fed Hike Bets
Economic Times
The US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectations for an imminent Federal Reserve rate hike.
This has provided a significant boost to the Japanese yen, which has recovered from historic lows, though market participants remain wary of potential intervention. Other major currencies like the euro and pound have also seen gains against the dollar.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Why is the price of silver falling? The answer: It has cousins. Part 2 – The maternal cousin
Why deficit rain hits fertiliser, pesticide and seed companies at different speeds
How data-fogged MCA annual report fails to mirror India Inc’s health
NSE, Jio mega IPOs: Why size doesn’t matter, valuations do
What will the NSE IPO price be? Unlisted market deals offer clues.
Akasa aims to be a 226-aircraft airline by 2032, IPO in 2-4 years
15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
Get daily trade ideas from SEBI-registered research analysts.
Grow your wealth with stock ideas & sectoral trends.
All-in-one stock research with Stock Score, peer comparison & key signals.
Get to know where the market bulls are investing to identify the right stocks.
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
Read the PDF version of ET newspaper. Download & access it offline anytime.
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Manage your money efficiently with this weekly money management guide.
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Explore the In-depth explanation of complex topics for everyday life decisions.
Get fitter with daily health insights committed to your well-being.
Manage your wealth better with in-depth insights & updates on finance.
Stay globally informed with exclusive story from New York Times.
Stream new documentaries from all across the world every day.