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US dollar falls ahead of Fed statement

Published

9 years ago

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New York:  The US dollar dropped against most major currencies on Wednesday as investors were awaiting the closely-watched Federal Reserve’s meeting statement due on Thursday.

The US central bank started its two-day monetary policy meeting on Wednesday, as per reported. The Fed’s after-meeting statement was expected to give out further information about interest-rate hike this year.

Recent mixed US economic data and turbulent global markets have been lowering investors’ expectation for the Fed to raise interest rates this month.

The dollar index, which measures the greenback against six major currencies, was down 0.30 percent at 95.325 in late trading.

On the economic front, the US Consumer Price Index (CPI) for all urban consumers decreased 0.1 percent in August on a seasonally adjusted basis, missing market consensus, the Labor Department reported on Wednesday.

In late New York trading, the euro rose to $1.1287 from $1.1278 in the previous session, and the British pound climbed to $1.5495 from $1.5332 in the previous session. The Australian dollar increased to $0.7190 from $0.7120.

The US dollar bought 120.62 Japanese yen, higher than 120.46 yen of the previous session. The US dollar dived to 0.9695 Swiss franc from 0.9742 Swiss franc and dropped to 1.3176 Canadian dollars from 1.3246 Canadian dollars.

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Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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