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 […]
Read MoreBy Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, with investors continuing a retreat from the safe-haven asset after progress in U.S. stimulus measures and Brexit talks boosted risk appetite. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.04% to 90.102 by 9:12 PM ET […]
Read MoreSpread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested […]
Read MoreBy Administrator_India Capital Sands The dollar slipped to two-year lows on Friday and is on track to post its biggest monthly decline in 10 years, as investors worried that a recovery in the U.S. economy could be stymied by a second wave of coronavirus. Confidence in the U.S. currency was undermined further after U.S. President […]
Read MoreBy Administrator_India Capital Sands The dollar wobbled before retreating on Wednesday morning in Asia. Investors increased their risk appetite earlier in the day after Europe and the U.S. released positive data on Tuesday. IHS Markit’s Composite Purchasing Managers’ Index for June surpassed expectations, jumping to 47.5 from the 42.4 mark predicted in forecasts prepared by Investing.com. […]
Read MoreBy Administrator_India Capital Sands The dollar nursed losses on Tuesday, after the U.S. Federal Reserve announced it would begin broad buying of corporate debt, boosting investor sentiment and appetite for riskier currencies. The Fed said it will start purchasing a diversified range of investment grade U.S. corporate bonds on Tuesday in a bid to secure […]
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