Rupee falls 10 paise vs dollar; slides for 3rd straight day

Last Updated: Monday, June 15, 2015, 18:27

The domestic unit opened lower at 64.15 from its previous close of 64.06 at the Interbank Foreign Exchange (Forex) market and hovered in a range of 63.9925 and 64.1750 before finishing at 64.16 per dollar, a loss of 10 paise or 0.16 percent.

Asian shares and euro slip as Greece fails to reach debt deal

Last Updated: Monday, June 15, 2015, 13:19

The euro slipped about 0.6 percent on the day to $1.1197, and was down 0.5 percent against the yen at 138.27."With no deal in sight, expectations for default and exit are likely to rise sharply in the days ahead," said Elsa Lignos senior currency strategist at RBC.

Merkel says strong euro hurts fruits of reforms

Last Updated: Friday, June 12, 2015, 17:17

In the global economy, "a very strong" euro would make it difficult for countries such as Spain and Portugal, which adopted significant reforms during the economic crisis, to "harvest the fruits of those reforms, in exports, for example," Merkel told a congress for family-run businesses in Berlin.

Asia shares, euro stifled by Greek drama

Last Updated: Friday, June 12, 2015, 12:49

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.

European stocks extend gains, dollar lifted by Fed feelings

Last Updated: Thursday, June 11, 2015, 15:08

Europe`s main bourses picked after a slow start with the region`s benchmark FTSEurofirst 300 last up 0.5 percent, as hopes returned that Greece was close to sealing a deal with its creditors. Athens` stock market surged more than 6 percent.

Asian stocks higher after Wall Street rally

Last Updated: Thursday, June 11, 2015, 13:16

The three main indexes in New York enjoyed one of their best days for weeks, snapping a four-day sell-off, thanks to a surge in banks and technology stocks as well as optimism over the Greek debt crisis.

Dollar steady after Obama denies surging unit comment

Last Updated: Tuesday, June 9, 2015, 12:43

In Tokyo afternoon trade, the US unit fetched 124.45 yen, against 124.47 yen in New York and 125.52 yen in Tokyo earlier Monday.

Dollar rises ahead of May US jobs report

Last Updated: Friday, June 5, 2015, 10:45

"There`s no doubt that the US economy and the labor market is improving, but the dollar is also overbought so even if it pushes higher on the back of a strong jobs number, it could be hit by profit-taking next week" ahead of a Federal Reserve policy decision on June 17, Lien said.

Asia stocks mostly down, euro sinks as Greece delays payment

Last Updated: Friday, June 5, 2015, 10:25

Tokyo fell 0.44 percent by lunch, Hong Kong lost 0.20 percent and Seoul gave back 0.38 percent, but Sydney was flat and Shanghai rose 1.54 percent.

Rupee firms up 5 paise against dollar

Last Updated: Friday, May 29, 2015, 10:52

The rupee had snapped its 3-day losing streak against the US dollar by ending 21 paise higher at 63.80 in yesterday's trade.

Star managers battered by rocky ride in yields, currencies

Last Updated: Thursday, May 28, 2015, 11:34

Top money managers and investment strategists have been warning the U.S. Federal Reserve was preparing markets for an interest-rate hiking cycle and that other central banks were embarking on loose policies that would trigger volatility.