SHARP CURRENCY FLUCTUATIONS

In addition to this, the long liquidation by short-term traders also had a negative impact on gold prices, and money managers reduced their net-bullish bets on gold to their lowest level in eight weeks, Gandhi added.

Gold prices on MCX fell by Rs 3,400 in 20 days, opening at Rs 71,012 per 10 grams. Silver contracts on MCX also dropped sharply. The decline was triggered by a strong US jobs report impacting the USD and Federal Reserve decisions.

Bitcoin is a revolutionary asset that defies traditional financial structures. Unlike companies, Bitcoin has no CEO, management team, earnings to hit, or competitors vying for its market share. It is a physical, bearer asset that can be held without...

Futures trading involves contracts between two parties to buy or sell a specific commodity or financial instrument at a predetermined price and date in the future, Jay explained to Tara and Dev. The purpose of futures trading is to manage risk throu...

After touching 80 to a US dollar, the rupee has pulled back for now, but further fall in value going forward is almost certain.

Now, more euros are needed to pay for an equivalent amount of goods in dollars. It will dampen European tourism to the United States in particular. But, ? the effect of the decline in the value of the euro varies, depending on how reliant a business...

The value of Afghanistan's currency is tumbling, exacerbating an already severe economic crisis and deepening poverty in a country where more than half the population already doesn't have enough to eat.

Emerging-market currencies got a glimpse of the Treasury-led turbulence last week, when they posted the biggest loss since July 9 as the two-year yield jumped. The pain could deepen if key economic data including China’s industrial production and So...

Bitcoin has fallen to nearly half of its all-time high value, most investors fear that we are in the middle of a Bitcoin crash similar to the Black Thursday Crash of March 2020. On the other hand, analysts and investors suggest that the dip is merel...

The vehicle prices are likely to go up by a minimum of Rs 60,000 to Rs 3 lakh ranging from an entry-luxury sedan to top of the line saloon, SUV or a performance car in the coming months. While this is the first round, the cumulative price hikes may ...

Ease of operations appears to be taking traders beyond India’s eastern water margin.

At present, most options investors have for shorting cryptocurrencies are fairly expensive.

The company’s revenue grew by 2.3 per cent sequentially to $ 1,928 million, lower than the expected growth of 3.5-4.5 per cent.

It also noted that most Indian exporters are rationalising presence among semi-regulated markets, avoiding markets where risks outweigh opportunities.

Market will look for more cues from the govt on stimulus program and road map on fiscal deficit.

?Investors reaping handsome returns on emerging-market (EM) currencies this year might do well to heed a warning once made by Harvard economist.

The referendum, which shattered financial markets across the globe, dragged the pound sterling to a 31-year low against the US dollar.

The operating margin for companies such as Maruti Suzuki gets impacted by 15-20 basis points with every 1% rise in the value of yen.

Indian traders have now either cut down their new import orders or held them back completely until the rupee gets stabilised against American greenback.