By Administrator_India Capital Sands The dollar rose during the previous session after a recent weak spell, buoyed by expectations that today’s Federal Reserve meeting will pursue a policy of keeping interest rates low and controlling inflation. The greenback’s fall on Wednesday helped gold pull back some of its lost territory. Other actors influencing the precious metal’s price include […]
By Administrator_India Capital Sands The US dollar index that tracks the greenback against a basket of currencies was flat at 92.47 by 10:23 PM ET. Data on non-farm payrolls out on Friday in the U.S. could shed some light on the strength of the economic recovery there. On Thursday, the U.S. Department of Labor reported initial […]
By Administrator_India Capital Sands Gold futures traded 0.35% lower to $1,972 by 12:25 PM ET (5:25 GMT), while the dollar inched up 0.03% to 92.365. Gold prices continued to fall on Wednesday in Asia as the dollar was supported by robust U.S. data. Prices of the precious metal slid back down to below $1,980-mark after a small peak […]
By Administrator_India Capital Sands The dollar inched higher, stock markets struggled for traction and oil fell on Monday as a U.S.-China spat over the origin of the coronavirus put the brakes on optimism about an economic re-start as countries around the world ease restrictions. In reduced trade, with China and Japan on holiday, U.S. stock […]