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  • Dollar Edges Higher While The Euro Shines

    Dollar Edges Higher While The Euro Shines0

    By Administrator_India Capital Sands The U.S. dollar pushed higher in early European trade Wednesday amid doubts over a potential vaccine for the Covid-19 virus, but it’s been the euro which has shone the brightest as the Franco-German proposal for a common EU recovery fund gains traction.  At 3 AM ET (0700 GMT), the U.S. Dollar Index,

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  • Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

    Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA0

    U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, but the Aussie trailed

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  • Dollar Down as Fed Minutes, U.S. Data Weighs

    Dollar Down as Fed Minutes, U.S. Data Weighs0

    The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by

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  • Dollar Consolidates, Still in Demand

    Dollar Consolidates, Still in Demand0

    Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession.  At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.362,

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  • DGCA bars 90 SpiceJet pilots from flying 737 Max planes after finding them improperly trained

    DGCA bars 90 SpiceJet pilots from flying 737 Max planes after finding them improperly trained0

    Indian aviation regulator DGCA has barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft after finding them not properly trained. “For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,” DGCA chief Arun Kumar said in a statement. He also said that the

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  • Developing Countries Need $1 Trillion a Year in Climate Finance:

    Developing Countries Need $1 Trillion a Year in Climate Finance:0

    Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The report, released ahead of talks on climate change finance at the

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