By Administrator_India Capital Sands Asian stocks were up on Monday morning, with cautious optimism over a new potential COVID-19 treatment using blood plasma from recovered patients helping stocks start the week on a high note. The U.S. Food and Drugs Administrations (FDA) on Sunday said that it had issued […]
Euro Prices
Dollar under pressure as economic uncertainties linger
By Administrator_India Capital Sands The dollar struggled to recoup heavy overnight losses on Wednesday after it slipped to 27-month low the previous session as uncertainties about an economic recovery and the U.S. fiscal stimulus package weighed. The dollar hit fresh lows against most major currencies overnight as the ongoing […]
Euro’s gains support Asian currencies after ECB stimulus
By Administrator_India Capital Sands The euro held big gains on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The euro’s gains helped support appetite for riskier currencies in Asia with the Australian […]
Stampede to Buy Euros at End-of-Month Fix Rattles FX Trading
By Administrator_India Capital Sands Traders rushed to buy euros in a bid to rebalance their portfolios on the last day of the month, prompting a sudden spike in the currency. The euro jumped to a two-week high versus the dollar around the time of the 4 p.m. London fix […]