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US dollar clings to gains as bets on further Fed hikes firm

by Administrator_India | Oct 6, 2022 | Economic News

The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker comments, while the prospect of higher energy prices helped exporters’ currencies and weighed on those of importers. The dollar rose 1% on the...
US Fed chair Jerome Powell hints at tapering of easy money policy by year-end

US Fed chair Jerome Powell hints at tapering of easy money policy by year-end

by Administrator_India | Aug 28, 2021 | Economy News

By Administrator_ India Capital Sands The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Feds extraordinary response to...
Gold prices slip to over 4-month low on early US Fed tapering fears

Gold prices slip to over 4-month low on early US Fed tapering fears

by Administrator_India | Aug 10, 2021 | Commodity

By Administrator_ India Capital Sands Gold slipped to a more than four-month low on Monday as solid U.S. jobs data stoked concerns of a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding non-interest-bearing bullion....
Fed to shutter pandemic support asset purchases by end-2022

Fed to shutter pandemic support asset purchases by end-2022

by Administrator_India | Jul 16, 2021 | Business

By Administrator_ India Capital Sands The Federal Reserve will shutter its asset purchases program by the end-2022, according to a Reuters poll, with a few more economists now predicting a rate hike as early as next year, but they pegged new COVID-19 variants as the...
Dollar holds near two-week high, U.S. jobs data eyed for Fed clues

Dollar holds near two-week high, U.S. jobs data eyed for Fed clues

by Administrator_India | May 6, 2021 | Economy News

By Administrator_ India Capital Sands The dollar hovered below a two-week high on Thursday, consolidating ahead of a key U.S. jobs report that may provide clues on when the Federal Reserve will dial back monetary stimulus. The greenback has rebounded from a one-month...
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