By Administrator_India Capital Sands The dollar was up on Monday morning in Asia. Risk currencies remained above their recent lows against both the U.S. currency and the yen as investor fears of a slowdown in the global economic recovery from COVID-19 calmed down for now. The U.S. Dollar Index that tracks the greenback against a basket of …
By Administrator_India Capital Sands The dollar was up on Monday morning in Asia although the U.S. inflation data was slightly softer than expected. Investors remained concerned about a tightening monetary policy if the consumer price pressures continue to intensify. The US Dollar Index that tracks the greenback against a basket of other currencies inched up 0.03% to 91.868 by …
By Administrator_India Capital Sands The U.S. dollar held near multi-month highs on Friday as investors warily awaited U.S. inflation data, while the pound nursed modest losses after Bank of England (BoE) policymakers leaned away from flagging rate rises. Early Asia trade was steady, with the euro pinned below its 200-day moving average at $1.1930 and …
By Administrator_India Capital Sands The U.S. dollar vacillated below an 11-week high versus major peers on Thursday as traders attempted to navigate conflicting signals from Federal Reserve officials on the timing of a withdrawal of monetary stimulus. The dollar index, which measures the greenback against six rivals, stood at 91.806 early in the Asian session after …
By Administrator_India Capital Sands The U.S. dollar held steady against major currencies on Monday, after posting its biggest weekly gain in more than a month, as traders closed short positions ahead of a Federal Reserve policy meeting this week. The greenback was trading little changed at $1.21075 against the euro in Asia, after touching an …
By Administrator_India Capital Sands The dollar was perched near multi-week highs on Friday, basking in its biggest gains in about a month after robust jobs data threw investors’ focus on to the strength of the U.S. recovery and on the possibility of it driving policy tightening. The next test comes later in the day when …
By Administrator_India Capital Sands The dollar clung to a recent bounce on Monday as investors made a cautious start to a week crammed with central bank meetings and big-ticket U.S. economic data, looking for clues on the outlook for global inflation and for policymakers’ response. Asia trade was thinned by public holidays in Japan and …
By Administrator_India Capital Sands The U.S. dollar traded near more than two-week troughs versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new catalysts to dictate market direction. Fed officials remained cautious about the risks of the pandemic – even as the U.S. recovery …
By Administrator_India Capital Sands The dollar was down on Monday morning in Asia, falling to a three-year low against the AUD and a three-year low against the GBP as continued progress on curbing the COVID-19 virus boosted risk sentiment. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.02% to …
Expert Tips in Starting a Forex Trading and CFD or OTC Business with market 24hrs x 365days trading platform There are a lot of options for investments and businesses available worldwide, thus the need for foreign currency never diminishes. Since countries have their own fiat currency, they will always need to trade their local currency when dealing …
Mouthpiece1