Silver prices fell on Monday as the US dollar strengthened following better-than-expected inflation data. MCX silver rates dropped 3.3% to ₹2,36,100 per kg, while international spot silver decreased 0.6% to $76.92 per ounce ....
In the interbank foreign exchange market, the rupee opened at 90.63 against the US dollar and moved between an intraday high of 90.61 and a low of 90.72 during the session ... .
... market is increasingly reliant on short-term US government debt, transforming the ‘stablecoin era’ into a private system for distributing dollars instead of replacing them.”.
LONDON, UK – The Pound Sterling (GBP) exhibits pronounced volatility against the US Dollar (USD) in early Tuesday trading, with currency markets bracing for the imminent release of pivotal UK employment data.
NEW YORK, January 2, 2025 – The US DollarIndex (DXY) demonstrates remarkable stability, hovering near the 97.00 threshold as simultaneous holiday pauses in the United States and China create an unusually quiet global trading environment.
US Dollar Struggles to MaintainMomentum. The US Dollar Index (DXY), which measures the greenback against six major currencies, has shown remarkable resilience yet failed to break into a sustained bullish trend.