Commodity price, FED
August 28, 2020
25 views 2 mins 0

Gold Heads for Third Weekly Decline as Powell’s Speech Assessed

By Administrator_India Capital Sands   Gold headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a more relaxed stance on inflation. Chair Jerome Powell said that the Fed will seek inflation that averages 2% over time, a step that implies allowing […]

FED, Forex Analysis
August 05, 2020
27 views 2 mins 0

U.S. coronavirus fraud losses near $100 million as COVID scams double

By Administrator_India Capital Sands   U.S. losses from coronavirus-related fraud and identity theft have reached nearly $100 million since the pandemic emerged in March, while complaints of COVID-19 scams have at least doubled in most states, a consumer protection group said on Tuesday. A report from the group, based on government data, highlighted the vast […]

FED, Forex Analysis
July 22, 2020
19 views 2 mins 0

Dollar licks wounds as investors fret over U.S. stimulus

By Administrator_India Capital Sands   The dollar nursed losses against most currencies, undermined by concern that Republicans and Democrats are struggling to reach consensus on the next round of U.S. economic stimulus measures. The euro traded near its strongest level in more than a year on Wednesday after European leaders agreed a stimulus plan to […]

Covid-19, FED
June 12, 2020
22 views 29 secs 0

Dollar Up as Investors Fear Second-Wave Outbreak in U.S.

By Administrator_India Capital Sands   The dollar was up on Friday, with the U.S. reporting more than 2 million COVID-19 cases as of June 12 and triggering renewed fears of a second wave of cases. Investors were also spooked by the possibility of renewed lockdowns to curb the spread. The market was still digesting a […]

Covid-19, FED
June 11, 2020
21 views 3 mins 0

Fed’s gloomy outlook steadies dollar slide, for now

By Administrator_India Capital Sands The dollar steadied against riskier currencies and the safe-haven yen hit a one-month high on Thursday, as the U.S. Federal Reserve’s dour economic outlook spooked investors. The moves arrested the greenback’s initial slide after the Fed’s policy stance, projecting rates near zero for years, was even more accommodative than expected. The […]

FED, Gold
June 10, 2020
31 views 20 secs 0

Gold Up Ahead of Fed Policy Meeting Details Reveal

By Administrator_India Capital Sands   Gold was up on Wednesday morning in Asia, building on its gains from the previous session. Gold futures were up by 0.08% at $1,723.25 after jumping 1.2% during the previous session. Stocks, which usually move inversely to gold, were mostly up. Investors continued to be cautiously optimistic ahead of the […]