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Technical Analysis

Michael Patra appointed deputy governor of RBI for a three-year term

By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for…

Pound on Longest Losing Streak Since May on BOE Easing Talk

By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an…

Asian Markets Rise as U.S. Drops China’s Currency Manipulator Label

By Ritu, Capital Sands Asian stocks rose in morning trade on Tuesday after the U.S. dropped China’s currency manipulator label,…

Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes

By Ritu, Capital Sands The dollar opened the week stronger against the pound sterling and the Japanese yen, but weaker against the euro,…

Economic Calendar – Top 5 Things to Watch This Week

By Ritu, Capital Sands U.S. and China to bury the trade hatchet Chinese Vice Premier Liu He will visit Washington…

USD/JPY Technical Analysis: Weekly close beyond 109.70/75 will be a call to bulls

By Ritu, Capital Sands USD/JPY trades positive near the two-week high, on a five-day winning streak. Bullish engulfing on the…

Swiss franc holds gains, Yen steady as traders eye Iran

By Ritu, Capital Sands The Swiss franc held gains against the dollar on Tuesday as traders sought save-havens amid heightened…

BNP Joins JPMorgan in Setting Up Singapore Currency Trading Hub

By Ritu, Capital Sands BNP Paribas  is planning to join JPMorgan Chase  & Co. and Citigroup Inc . by setting…

Dollar starts new year with a hangover as others find cheer

By Ritu, Capital Sands The dollar started the new year where it left the old one, under pressure as investors…

Yuan hits multi-month highs as economy shows signs of stabilization

By Ritu, Capital Sands The Chinese yuan hit almost five-month highs and the USD continued to retreat on the last day of…