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Dollar heads toward weekly gain as oil shock reveberates

On: April 24, 2020

By Administrator_India Capital Sands The dollar was headed for its best week since early April on Friday, as tumbling oil prices weighed on commodity currencies and division over Europe’s emergency fund dragged on the euro. The dollar stands near a two-and-a-half-week high against a basket of currencies and is 0.8%Read More →

Europe Weakens; Weighed by Losses in Oil Sector

By: Administrator_India

On: April 21, 2020

In: Commodity, Oil

With: 0 Comments

By Administrator_India Capital Sands European stock markets sold off Tuesday, weighed by losses in the energy sector as investors react to the price of oil turning negative overnight. At 4:25 AM ET (0825 GMT), the U.K.’s FTSE index traded 1.5% lower, France’s CAC 40 was down 2.1%, while the DAX fell 2.2%. The broader based Stoxx 600 EuropeRead More →