Dollar Up, Holds Onto Biggest Gains in Over Two Years as Treasury Yields Rise
By Administrator_ India Capital Sands The dollar was up on Friday morning in Asia, holding onto the biggest gains in over two months as a rise in U.S. Treasury yields led to some unwinding of bearish bets on the U.S. currency. The market avoided big moves as investors finish the week. The U.S. Dollar Index that tracks […]
Dollar Up as Investors Fear Second-Wave Outbreak in U.S.
By Administrator_India Capital Sands The dollar was up on Friday, with the U.S. reporting more than 2 million COVID-19 cases as of June 12 and triggering renewed fears of a second wave of cases. Investors were also spooked by the possibility of renewed lockdowns to curb the spread. The market was still digesting a […]
Dollar Up in The Aftermath of Bad Economic News
By Administrator_India Capital Sands The dollar was up on Thursday morning in Asia with investor risk appetite soured by an onslaught of bad economic news. The US Dollar Index that tracks the greenback against a basket of other currencies gained 0.05% to 100.185, as investors looked to the dollar as a safe haven. The U.S. said overnight that private employers laid […]