Forex Analysis

Gold Steadies
Forex Analysis

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong start to the new year as concerns over a looming recession and […]

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Forex Expo
Forex Analysis

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

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 […]

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ASIA FX
Asian market
Forex Analysis
Stock Market

Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips

Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further […]

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Indian rupee rebounds 32 paise
Forex Analysis

Indian rupee rebounds 32 paise to 75.28 against US dollar in early trade

The rupee recovered 32 paise to 75.28 in early trade on Friday tracking positive domestic equities and stronger Asian peers. The local currency opened on a strong note at 75.31 to a dollar at the interbank foreign exchange market and inched higher to 75.28, registering a gain of 32 paise over its previous close. Forex […]

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Forex Analysis

Dollar Slips From One-Month High Ahead of Fed Statement

By Administrator_ India Capital Sands The dollar edged marginally lower in early European trade Wednesday but remained near a one-month high as traders warily await the latest communications from the Federal Reserve following the recent jump in U.S. inflation. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket […]

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Forex Analysis

Dollar Down Over Higher-Than-Expected Inflation Data

By Administrator_ India Capital Sands The dollar was down on Friday morning in Asia after the U.S. posted higher-than-expected inflation data in May. The USD/JPY pair inched up 0.08% to 109.40, with a new analysis saying another COVID-19 surge could come in Japan with or without the Olympics. The AUD/USD pair inched up 0.04% to 0.7755 as Australia is […]

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Bitcoin under pressure as comeback fades
Forex Analysis

Bitcoin under pressure as comeback fades

By Administrator_ India Capital Sands Bitcoin fell 3% on Friday, giving up gains from the Asia session, as its recovery from this week’s plunge shows signs of faltering. Bitcoin fell to $39,262 on the Bitstamp exchange. That is roughly 30% above its Wednesday low, but just below its 200-day moving average. Rival cryptocurrency ether also came […]

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Dollar holds weak bias on expectations Powell will shun tapering
Forex Analysis

Dollar Up, no Big Moves Ahead of U.S. Election

By Administrator_ India Capital Sands The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.05% to 94.093 by 11:17 PM ET (3:17 AM GMT). The dollar held onto gains from the previous week, seeing its largest weekly percentage rise since late September during the previous session as investors cautiously turned […]

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Dollar holds weak bias on expectations Powell will shun tapering
Forex Analysis

Dollar Down, U.S.-China Tensions Rise

By Administrator_ India Capital Sands The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, edged down 0.11% to 92.942 by 10:31 AM ET (2:31 AM GMT). On the COVID-19 front, the U.S., Russia and France all set new records for the number of daily COVID-19 cases. There are over 43.4 million […]

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Dollar holds weak bias on expectations Powell will shun tapering
Forex Analysis

Dollar Down With Investors Looking to Thursday’s ECB Meeting

By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, ahead of the ECB meeting taking place later in the day. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged down 0.10% to 93.165 by 11:54 PM ET (4:54 AM GMT). The euro held onto gains against the […]

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