India's Foreign Exchange Reserves Climb to Record $729.33 Billion
India's foreign exchange reserves reached an all-time high of $729.33 billion, bolstered by significant capital inflows from recent measures introduced by the country's central bank.
Latest by Sofia Alvarez
India's Foreign Exchange Reserves Climb to Record $729.33 Billion
India's forex reserves reached an all-time high, increasing by $12.4 billion in a single week, driven by strong capital inflows from recent central bank initiatives.
Dollar Holds Near One-Week High as PCE Inflation Reinforces Hawkish Fed Outlook
The U.S. dollar maintained its position near a one-week peak after July's Personal Consumption Expenditures price index came in hotter than expected, bolstering bets that the Federal Reserve will keep interest rates elevated.
Australian Dollar on Track for Longest Winning Streak Since 2021
The Australian dollar is heading for its ninth straight weekly gain, a streak not seen since early 2021, as stronger-than-expected inflation data fuels bets on further interest rate hikes by the Reserve Bank of Australia.
U.S. Treasury Yields Rise for Second Day as Markets Await Jackson Hole Signals
U.S. government bond yields climbed for a second consecutive session on Thursday, with investors reducing exposure to longer-term debt ahead of key speeches at the Federal Reserve's annual Jackson Hole symposium.
Canadian Dollar Weakens as Traders Eye Fed Outlook and Greenback Strength
The Canadian dollar slipped to a near one-week low against its U.S. counterpart, pressured by a broadly stronger greenback as investors await signals on monetary policy from the Federal Reserve.
Australian Dollar Hits 3-Month High as Hot Inflation Revives RBA Rate Hike Bets
The Australian dollar climbed to its highest level in three months against the U.S. dollar after July inflation data surpassed expectations, leading traders to increase wagers on another interest rate hike by the Reserve Bank of Australia.
German 10-Year Bond Yield Hits Highest Level Since 2011 on Hawkish ECB Signals
Germany's benchmark 10-year bond yield surged to its highest point in over a decade, driven by persistent inflation, hawkish comments from the European Central Bank, and heavy government debt issuance.
Australian Dollar Hits 3-Month High as Hot Inflation Revives RBA Rate Hike Speculation
The Australian dollar reached its highest level since May after a surprise jump in consumer inflation for July led markets to increase bets on another interest rate hike by the Reserve Bank of Australia.