BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast
The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy...
Gold Heads for Third Weekly Decline as Powell’s Speech Assessed
By Administrator_India Capital Sands Gold headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a...
U.S. coronavirus fraud losses near $100 million as COVID scams double
By Administrator_India Capital Sands U.S. losses from coronavirus-related fraud and identity theft have reached nearly $100 million since the pandemic emerged in March, while complaints of COVID-19 scams have...
Dollar licks wounds as investors fret over U.S. stimulus
By Administrator_India Capital Sands The dollar nursed losses against most currencies, undermined by concern that Republicans and Democrats are struggling to reach consensus on the next round of U.S....
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...
Fed’s gloomy outlook steadies dollar slide, for now
By Administrator_India Capital Sands The dollar steadied against riskier currencies and the safe-haven yen hit a one-month high on Thursday, as the U.S. Federal Reserve's dour economic outlook spooked investors....
Gold Up Ahead of Fed Policy Meeting Details Reveal
By Administrator_India Capital Sands Gold was up on Wednesday morning in Asia, building on its gains from the previous session. Gold futures were up by 0.08% at $1,723.25 after...