Fed, dollar and Gold
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The US Dollar Index is pinned around the 100 level, but an explosive move is building as markets brace for a wave of high-impact US data. Retail Sales, PPI, Building Permits, Durable Goods, and GDP all hit this week — a cluster that will decide whether DXY breaks out or breaks down.
The yen was the worst performer against an otherwise weaker dollar on Monday, as investors watched for any signs of official buying from Tokyo to stem the slide in the Japanese currency.
Singapore state investor Temasek Holdings Pte. has been “forced to hedge” the US dollar this year, according to its chief executive officer, calling the greenback’s weakness a big issue for foreign investors.
The exchange rate for the US dollar compared to the Iraqi dinar started to decline on Tuesday in the Iraqi capital, Baghdad, and in Erbil.
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 46th day in a row on Friday. Meanwhile, it posted losses against most of the other
As the Indian Rupee hits 90 per USD, analysts recommend investing in in export-driven sectors such as IT and Pharma
The US dollar is heading for its biggest weekly drop in four months, as trading volumes shrink because of the US Thanksgiving holiday - pushing traders to focus on next
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 42nd day in a row on Monday. Meanwhile, it posted gains against some of the other