BSE SENSEX
48,544.06+660.66(+1.38%)Nifty 50
14,504.80+194.00(+1.36%)USD/INR
75.0520-0.2080(-0.28%)
EUR/CHF (EURCHF=X)
| Previous close | 1.1 |
| Open | 1.1 |
| Bid | 1.104 |
| Day's range | 1.099 - 1.104 |
| 52-week range | 1.0501 - 1.1150 |
| Ask | 1.105 |
- Investing.com
Precious Metals & Energy - Weekly Review and Calendar Ahead
Is currency debasement good for the dollar? Gold, the proven hedge for inflation, meanwhile, took another dive for its worst two-week outing since November. The dollar’s rally on Friday was particularly mind-boggling given the retreat in yields on the U.S. Treasury’s -year note - which had been the catalyst for the greenback’s strength since the start of the year.
- Investing.com
Dollar in Favor as Trump Increases China Tensions
The U.S. dollar has given back some of its overnight gains in early European trade Friday, but remains in favor as risk aversion still dominates, amid rising Sino-U.S. tensions. At 2:45 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.365, down 0.1%, having earlier Friday reached a three-week high. U.S. President Donald Trump ratcheted up these tensions in an interview with Fox Business Network on Thursday, stating he was disappointed with China's failure to contain the coronavirus, that this had cast a pall over the trade deal between the two countries.
