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US Fed may raise rates

The FOMC (Federal Open Market Committee) meet is scheduled for June 29. If the US Fed hikes interest rate on June 29, then the hike will be the 17th in a row. The street is quite divided on whether......

Re slumps to fresh 6-month low at 55.46

Inching closer to the 56-level, the rupee today weakened by five paise to hit a fresh six-month low of 55.46 on continued dollar demand from importers ahead of US Federal Reserve Chairman Ben......

Heavy dollar demand sinks rupee by 40 paise

Hit by heavy dollar demand, rupee on Thursday tanked by 40 paise to end at 54.47, its weakest level in over a month, as the American currency spurted on speculation that US Fed may withdraw its......

Rupee weakens by 6 paise to 54.32

In listless trading, the rupee fell back by six paise to end at 54.32 amid fresh dollar demand from importers ahead of the conclusion of US Fed's two-day meeting where it is widely expected to......

Re rebounds by 22 paise to end at 54.26

Snapping a two-session losing string, the rupee on Tuesday bounced back by 22 paise to end at 54.26 on the back of fresh dollar selling by exporters and capital inflows worth about $250 million.A......

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US STOCKS-Wall St declines as FOMC minutes raise concern over Fed tapering

* FOMC minutes show members open to tapering, disagreement on conditions * Bernanke touts benefits of Fed easing, but hints could act * Stocks down... ...

http://www.sify.com/finance/us-stocks-wall-st-declines-as-fomc-minutes-raise-concern-over-fed-tapering-news-default-nfxaEdigidc.html

Re slumps to fresh 6-month low at 55.46

Inching closer to the 56-level, the rupee today weakened by five paise to hit a fresh six-month low of 55.46 on continued dollar demand from... ...

http://www.rediff.com/money/report/how-the-rupee-fared-on-may-22/20130522.htm

UPDATE 2-Brent dips further below $104 on US summer demand worries

* Higher crude, gasoline stocks weigh on prices * Weak dollar cushions prices * Federal Reserve meeting minutes awaited for cues * Coming up: EIA... ...

http://in.reuters.com/article/2013/05/22/markets-oil-idINL3N0E313420130522

Bernanke testifying before US Congress plus FOMC meeting minutes would drive Gold Silver

We still do not know if Ben Bernanke and his team would taper or increase the stimulus measures. The US Federal Reserve has been engaged in bond... ...

http://www.commodityonline.com/news/bernanke-testifying-before-us-congress-plus-fomc-meeting-minutes-would-drive-gold-silver-54537-3-54538.html

Asian mkts cheered by Fed Reserve reassurance

SYDNEY: Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-1/2 year high, while the yen... ...

http://economictimes.indiatimes.com/markets/global-markets/asian-markets-cheered-by-fed-reassurance-yen-awaits-boj/articleshow/20191461.cms

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Rediff News

Fed Fomc

News for Fed Fomc

US Fed may raise rates

Re slumps to fresh 6-month low at 55.46

Heavy dollar demand sinks rupee by 40 paise

Rupee weakens by 6 paise to 54.32

Re rebounds by 22 paise to end at 54.26

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