By Administrator_India Capital Sands The dollar headed for its worst back-to-back weekly drop this year amid a continued retreat in Treasury yields from more-than-one-year highs as investors increasingly bought into the Federal Reserve’s insistence of continued monetary support. The benchmark 10-year Treasury yield dipped to a one-month low of 1.528% overnight, from as high as 1.776% at …
By Administrator_India Capital Sands The dollar fell to multi-week lows against the euro and the yen on Wednesday, after an uptick in a U.S. consumer price gauge did not spark wider fears about accelerating inflation and the Federal Reserve’s tapering, pushing down U.S. bond yields. The dollar ticked down 0.2% to 108.80 yen, touching its …
By Administrator_India Capital Sands The dollar inched up on Thursday morning in Asia after hitting a seven-month high against the yen during the previous session. With U.S. Treasuries recording orderly gains and boosting the dollar, U.S. Federal Reserve Chairman Jerome Powell is also due to give a speech later in the day. The U.S. Dollar Index that tracks the …
By Administrator_India Capital Sands Expert Tips in Starting a Forex Trading and CFD or OTC Business with market 24hrs x 365days trading platform There are a lot of options for investments and businesses available worldwide, thus the need for foreign currency never diminishes. Since countries have their own fiat currency, they will always need to trade their …
By Administrator_India Capital sands The dollar shrugged off news of President Trump relenting on a threat to block a COVID-19 aid bill in thin trading on Monday with many investors on holiday. The pound hovered below a 2 1/2-year high in the Asian session following the agreement last week of a narrow Brexit trade deal …
By Administrator_India Capital Sands The dollar was up on Friday morning in Asia but slid through major support levels and was headed towards its worst week in a month. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.15% to 89.817 by 9:24 PM ET (2:24 AM GMT). The dollar …
By Administrator_India Capital Sands The British pound rose against the dollar and euro on hopes that Britain and the European Union will secure a free trade agreement after their decision to extend negotiations beyond the Sunday deadline. The dollar traded near a 2 1/2-year low against major peers ahead of a U.S. Federal Reserve meeting …
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in …
