The pound is trading downside against the greenback on Monday. The sterling seems to be under pressure mainly due to the renewed strength in the US Dollar Index (DXY). The US Treasury yields has seen some recent pullback and are trading near 1.66%, which offers a boost to the US dollar. Whereas, Asian shares became [...]
Japanese stocks had a rise on Friday in broad-based buying which is driven by expectations that the companies will make healthy profits and issue upbeat forecasts in the coming days as corporate earnings reports start to roll in .The Nikkei 225 Index .N225 rose 0.43% to 29,837.54. The Industrial robot and the semiconductor manufacturing equipment [...]
Euro started with a downtrend in the Asian session since the U.S. Federal Reserve's latest meeting minutes indicates continued policy support and cemented hopes of a quick economic turnaround. Minutes from the latest FOMC meeting held on March 16-17 confirmed that the central bank is no rush to hike rates. Federal Reserve officials remain cautious [...]
Australian shares on Wednesday extended its gains continuously for a fourth session, with the help of commodity-exposed stocks on firm crude and metals prices and as the investors placed bets on improving prospects for a global economic recovery. Yesterday, the International Monetary Fund raised its global economic growth forecast to 6% this year, a rate [...]
