Category «Forex»

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes

ASIA FX

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was dented by a warning from the …

Educational Plus Forex Expo 2022-23 Dubai: A Huge Success

Forex Expo

Students Who Wish to Study Abroad Need Extra Support and The Expo Exhibition Held by The Gee Fairs Can Be the Best Option, Educational Plus Forex Expo Dubai 2022-23 Will Going to Be the Big Win. The World’s Largest Gee Fair Event Returns to The Uae for Another Hands-On Edition. The Expo Took Place On 28-29 April 2023 at Crowne …

Dow Futures Tick Higher After Indices Post Their Worst Week Since June

U.S. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By 7:10pm ET (11:10pm GMT) Dow Jonas Futures and S&P 500 Futures  were up 0.2% apiece, …

Will Mining Die With Ethereum 2.0?

The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, Ether  will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer options. WHERE WILL ETHEREUM MINERS GO FROM HERE? The Ethereum mining industry has flourished and thrived just like …

Dollar holds near one-month low as investors eye U.S. jobs, RBA

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The dollar held just above a one-month low on Monday as traders held tight positions heading into a busy week that includes monthly U.S. jobs data and a key Australian central bank decision. The dollar index, which measures the greenback against six major peers, stood at 92.091, almost unchanged from Friday, when …

Dollar Up, Investors Await U.S. Inflation Trajectory

Dollar holds upper hand after retail sales boost

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 …

Dollar Up Despite Softer-Than-Expected Inflation Data

Dollar holds upper hand after retail sales boost

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 …

Dollar firm as traders brace for U.S. inflation data

Dollar holds upper hand after retail sales boost

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 …

Dollar rally sputters as Fed sends mixed signals on inflation

Dollar rally sputters as Fed sends mixed signals on inflation

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 …