• Dollar bides time below two-month highs before payrolls test

    Dollar bides time below two-month highs before payrolls test0

    By Administrator_India Capital Sands The dollar hovered below a two-month high versus major counterparts on Tuesday, with traders largely sidelined ahead of a closely watched U.S. jobs report, which could sway the timing of an exit from Federal Reserve stimulus. The dollar index, which tracks the greenback against a basket of six major currencies, was at

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  • Dollar catches breath as traders await Powell testimony

    Dollar catches breath as traders await Powell testimony0

    By Administrator_India Capital Sands The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank’s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes,

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  • Dollar firms as traders brace for U.S. inflation gauge

    Dollar firms as traders brace for U.S. inflation gauge0

    By Administrator_India Capital Sands The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short dollars, the mere suggestion of tapering is enough to temper further selling

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