Economic News, Forex Analysis
August 06, 2020
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Trans-Pacific trade bloc says to ensure food, medicine supplies amid pandemic

By Administrator_India Capital Sands   Ministers from a trans-Pacific trade bloc have agreed to fight protectionism and avoid food and medicine shortages during the coronavirus pandemic, they said in a joint statement published on Wednesday. “We strongly believe that given the current circumstances, it is more important than ever to counter protectionism,” said the statement, […]

FED, Forex Analysis
August 05, 2020
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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
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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 […]

Euro Prices, Forex Analysis
July 09, 2020
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‘Weaponized’ Facebook fails to protect civil rights, audit report says

By Administrator_India Capital Sands   Facebook Inc’s decisions to allow controversial posts by President Donald Trump established a “terrible precedent” that could allow the platform to be “weaponized to suppress voting,” an external civil rights audit found on Wednesday. The report, which Facebook commissioned two years ago, said the social network has not done enough […]

Forex Analysis
May 28, 2020
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Dollar stands its ground as U.S.-China tensions grow

By Administrator_India Capital Sands The dollar held its own on Thursday as rising Sino-U.S. tension put crushing pressure on the Chinese yuan and proved a counterweight to optimism about the coronavirus recovery. The escalating war of words between the world’s two biggest economies also spilled over to the Australian and New Zealand dollars, as a far more […]

Forex Analysis
May 18, 2020
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Dollar Consolidates, Still in Demand

By Administrator_India Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession.  At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood […]

Forex Analysis, US Economy Re-open Hopes
May 07, 2020
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Dollar Up in The Aftermath of Bad Economic News

By Administrator_India Capital Sands   The dollar was up on Thursday morning in Asia with investor risk appetite soured by an onslaught of bad economic news. The US Dollar Index that tracks the greenback against a basket of other currencies gained 0.05% to 100.185, as investors looked to the dollar as a safe haven. The U.S. said overnight that private employers laid […]

PM Johnson says medics saved his life as UK deaths pass 10,000 mark

By Administrator_India Capital Sands British Prime Minister Boris Johnson left the hospital on Sunday and thanked the staff for saving his life from COVID-19, but his government was forced to defend its response to the coronavirus outbreak as the national death toll passed 10,000. The somber milestone came after Britain reported two days in a […]

South Asian nations weigh tighter lockdowns as coronavirus cases hit 12,000

By Ritu, Capital Sands India accounts for more than half the tally of those infected with coronavirus across south Asia, which crossed 12,000 on Friday, government data showed, despite a harsh weeks-long clampdown to control the outbreak. India’s capital of Delhi, and its financial hub of Mumbai, have emerged as hotspots and local officials are […]