Updates
July 23, 2021
Tokyo Olympics: India’s prospects and past wins
July 23, 2021
Tokyo Olympics: India’s prospects and past wins
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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By Administrator_ India Capital Sands The U.S. dollar wobbled above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month. Investors have bet on the dollar falling as the world recovers from the COVID-19 pandemic, but they have lately […]
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By Administrator_ India Capital Sands The dollar hovered below a two-week high on Thursday, consolidating ahead of a key U.S. jobs report that may provide clues on when the Federal Reserve will dial back monetary stimulus. The greenback has rebounded from a one-month low over the past week, swung by U.S. economic data that has […]
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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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By Administrator_India Capital Sands The dollar’s positive correlation with U.S. equities may break this quarter due to a drop in its carry-trade appeal and a possible fiscal stimulus package. Data from the last 10 years show the Bloomberg Dollar Spot Index has risen on average about 1.7% in the fourth quarter and the S&P 500 […]
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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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