Category «U.S.»

Dollar Up, but Remains Near Week Low Even as Risk Sentiment Slowly Improves

Govt may not take up cryptocurrency Bill in ongoing Parliament session

By Administrator_India Capital Sands The dollar was up on Friday morning in Asia, but remained near its lowest level in a week. Improving risk sentiment, as concerns about contagion from a potential China Evergrande Group default eased somewhat, erased the U.S. currency’s recent gains. The U.S. Dollar Index that tracks the greenback against a basket of …

Dollar holds upper hand after retail sales boost

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The dollar held near three-week highs against a basket of major currencies on Friday after a raft of strong U.S. economic data rekindled expectations for earlier policy tightening by the U.S. Federal Reserve. U.S. retail sales unexpectedly increased in August, rising 0.7% from the previous month despite expectations of a 0.8% …

Dollar drifts as soft inflation raises taper timing questions

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The dollar drifted within recent ranges against major peers on Wednesday after softer-than-expected U.S. inflation raised doubts about a taper of Federal Reserve stimulus this year. The dollar index stood at 92.632, little changed from Tuesday, when it dropped following the inflation data only to recover on haven demand as stocks slid on …

Dollar Up, Remains Near One-Week High Ahead of ECB Policy Decision

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The dollar was up on Wednesday morning in Asia, remaining near a one-week high. A weaker euro ahead of Thursday’s policy decision from the European Central Bank (ECB) gave the U.S. currency a boost. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.03% to 92.543 …

US-India flights to take longer after Afghanistan’s airspace shuts

US-India flights to take longer after Afghanistan's airspace shuts

By Administrator_India Capital Sands Flights on the India-US and Europe routes could take up to 30 minutes more than usual as airlines have been asked to avoid Afghanistan’s airspace after the Taliban took control of the country’s capital Kabul. Afghanistan’s Civil Aviation Authority on Monday issued a notice to air carriers stating that the airspace had been released …

Dollar regroups after Powell push

Dollar holds upper hand after retail sales boost

By Administrator_India Capital Sands The dollar retreated from recent peaks on Thursday, following further reassurance from Federal Reserve chair Jerome Powell that he was in no rush to tighten policy, though losses were kept in check by investor nerves ahead of Chinese growth data. Powell said overnight that high inflation seemed linked to reopening, that …

US delivering supplies worth over $100 million to India; first flight to land today: White House

US delivering supplies worth over $100 million to India; first flight to land today: White House

By Administrator_India Capital Sands The United States will be delivering COVID-19 relief materials worth over USD100 million to India in the coming days, the White House said as the first flight carrying urgent health supplies left for the country. The flight took off from the Travis Air Force Base on the world’s largest military aircraft …

US House approves Donald Trump’s $2,000 checks, sending to GOP-led Senate

US House approves Donald Trump's $2,000 checks, sending to GOP-led Senate

By Administrator_India Capital Sands The House has voted to increase COVID-19 relief checks to USD 2,000, meeting President Donald Trump’s demand for bigger payments and sending the bill to the GOP-controlled Senate, where the outcome is uncertain. Democrats led passage, 275-134, their majority favouring additional assistance. They had settled for smaller USD 600 payments in …