Dollar

Dollar Retreats Over Glow From Positive Europe Data
Forex

Dollar Retreats Over Glow From Positive Europe Data

By 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. […]

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Dollar Retreats Over Glow From Positive Europe Data
Forex

Fed debt buying drives demand for risk at the dollar’s expense

By 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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