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Dollar Edges Higher While The Euro Shines 0

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,

Asian stocks adrift as vaccine rally falters 0

By Administrator_India Capital Sands Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive

Dollar Consolidates, Still in Demand 0

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,

Cafes and churches open in Italy and Greece; Spain eyes summer reboot 0
- Covid19, International, Pendamic
- May 19, 2020
Capital Sands Italian shops, restaurants, and churches reopened their doors to spring sunshine on Monday, Greece welcomed visitors back to the Acropolis – and Spain hoped for tourists to return in summer in cautious steps to ease coronavirus lockdowns. Italians could once again sip their morning cappuccino at the bar, albeit at a distance
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US military’s mystery space plane rockets back into orbit 0
- International, United States
- May 18, 2020
1 of 6 The U.S. military’s mystery space plane rocketed into orbit again Sunday, this time with an extra load of science experiments. It’s the sixth flight of an X-37B, a solar-powered plane that’s flown by remote control without a crew. Officials aren’t saying how long the spacecraft will remain in orbit this time or
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Dubai 22K gold price touches Dh200 a gram for first time in nine years 0
- Business, Covid19, Economy, Gold
- May 18, 2020
Dubai: The official gold rate in Dubai has touched Dh200 a gram for the first time in nine years. Anyone buying gold now – few are – will also have to fork out an additional 5 per cent on that. “Gold’s turning super-hot – for consumers and retailers,” said a trader. “At these levels, it’s
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