Thursday, 30 July 2020 HeadLines Dollar bogged at two-year low as Fed maintains dovish script Federal Reserve sees dim economic outlook as coronavirus squeezes economy, keeps rate unchanged Asian stocks set to rise on Fed policy, dollar hits two-year low Oil edges up after sharp U.S. crude inventory drop Major Currency Rates at 8 AM…
Wednesday, 22 July 2020 HeadLines Dollar licks wounds as investors fret over U.S. stimulus Asia markets to open lower on pandemic worries, shrugging off U.S. equities upswing Oil prices fall on U.S. inventory build, increasing pandemic fears Currencies The dollar nursed losses against most currencies, undermined by concern that Republicans and Democrats are struggling to…
Tuesday, 21 July 2020 HeadLines EU progress and vaccine hopes keep pressure on dollar Asian markets set to track U.S. gains on vaccine, EU deal hopes Oil steady as vaccine news counters rise in virus cases Currencies Progress toward both a coronavirus vaccine and a fiscal rescue package in Europe put the dollar under pressure…
Monday, 20 July 2020 Euro hovers near four-month peak as market looks to EU summit Asian shares defensive; eyes on EU summit, U.S. stimulus talks Oil falls as worsening pandemic threatens recovery Currencies The euro hovered near four-month highs against the dollar on Monday as investors held on to hopes that European leaders would break…
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