Sterling sparkles after election poll, Yuan up on trade deal reports
By Ritu Capital Sands The pound rose to a three-and-a-half year high versus the euro and the highest in more than a year versus the dollar after exit polls suggested...
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StockBeat: Dovish Fed, Dominant Tories Push Europe Markets Higher
By Ritu, Capital Sands European stocks found their feet again on Wednesday after the Federal Reserve signalled that it’s likely to remain on hold throughout next year, seemingly convinced...
Forex – U.S. Dollar Slips After Fed; Pound Gains Ahead of ECB Meeting, Election
By Ritu, Capital Sands The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 97.035 by 10:02 PM ET. Overnight, the Federal Open...
Pound slips on UK poll projections, dollar eyes Fed
By Ritu, Capital Sands The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnson's Conservative Party in an election later in...
Federal Reserve Interest Rate Decision December 10-11 Preview: Watching for the Projection Materials
By Ritu, Capital Sands No expectation for a change in the fed funds target rate. US economy has strengthened since the October FOMC. Market interest will be on the Fed’s...
Stocks Slip While U.S. Futures Drift With Bonds: Markets Wrap
By Ritu, Capital Sands Stocks fell in Europe while U.S. equity-index futures fluctuated in the countdown to major central bank meetings and a deadline on fresh China tariffs. Treasuries...
Dollar steadies as investors brace for key risk events
By Ritu, Capital Sands The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming...
Oil prices slip as weak China exports highlight trade war impact
By Ritu, Capital Sands Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about...
Dollar bolstered by U.S. jobs data, markets look to trade talks
By Ritu, Capital Sands. The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries...
Good, Bad and Ugly: Decisive Week May Set Course for Currencies
By Ritu, Capital Sands The next week could set the tone for the $6.6 trillion-a-day currency market in 2020.The geopolitical risks that have shaped foreign exchange this year --...