By Administrator_ India Capital Sands The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, edged down 0.11% to 92.942 by 10:31 AM ET (2:31 AM GMT). On the COVID-19 front, the U.S., Russia and France all set new records for the number of daily COVID-19 cases.
By Administrator_India Capital Sands The dollar’s positive correlation with U.S. equities may break this quarter due to a drop in its carry-trade appeal and a possible fiscal stimulus package. Data from the last 10 years show the Bloomberg Dollar Spot Index has risen on average about 1.7% in the fourth
By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, ahead of the ECB meeting taking place later in the day. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged down 0.10% to 93.165 by 11:54 PM ET (4:54 AM GMT). The euro
By Administrator_India Capital Sands The bounce has lifted the greenback about 1% above the 28-month low it hit against a basket of currencies on Tuesday and brought its first back-to-back daily gains since June. Few analysts expect it to hold for too long but it was steady in morning trade,