NEW DELHI: The US dollar rally is nearing its end, and if history is anything to go by, then the Asian stocks have historically performed well when their currency depreciation slows down, said investment bank HSBC in a note today. …
TOKYO: Asian shares mostly rose today while the US dollar struggled to regain traction after downbeat US economic data pushed it to a nearly three-week low against the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan …
It seems that everybody is talking about the yellow metal and wondering where the next local top will form. When we take a look at the charts, we see that the price of gold has risen nearly 8% in August as expectations that the Federal …
Tracking steep losses in local stocks, the Indian rupee on Friday slipped 34 paise - its worst drop in two weeks - to close at 62.67 against the US dollar amid month-end demand for the American currency. Crude prices jumped on reports …
The Indian rupee today depreciated by another 37 paise to close at 62.60 against the dollar following good month-end demand for the US currency from importers and a fall in local equities on rate hike concerns. The Indian rupee opened …
THE Australian dollar gained as much as one US cent in overnight trade after the US dollar fell against all the major currencies.   The Australian dollar gained as much as one US cent in overnight trade after the US dollar fell …
Based on the May 17th, 2013 Premium Update. Visit our archives for more gold articles. The latest World Gold Council Gold Demand Trends report shows that the gold market is driven by diverse global demand, and the appetite for owning …
The recent collapse in gold price hasn't discouraged consumers across Asia -- and in particular, from China and India -- from buying the yellow metal. Taken together, China and India account for more than half of the total consumer bullion …
Is the US dollar fundamentally flawed? We think so. Is the US economy fundamentally in trouble? We think so. So why are these markets rising day after day, month after month? Before we answer that question we want to address the …