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Jan 6, 2021 13:42 GMTFXStreet News USD/CHF continues to push lower for third straight day. US Dollar Index extends slide to fresh multi-year lows. Eyes on key US data releases and FOMC Minutes. The USD/CHF pair closed the first two days of the week lower and continued to push lower on Wednesday with the greenback struggling to find demand. As of writing, the pair was trading at its worst level since January 2015 at 0.8758, losing 0.29% on a daily basis. USD selloff remains intact The greenback stays on the back foot as the runoff election in Georgia points out to a Democratic majority in the ...

Toggle navigation IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets. Services activity, new business expand at slower rates in Dec: IHS Markit ANI | Updated: Jan 06, 2021 13:42 IST New Delhi [India], January 6 (ANI): India's service sector continued to recover from the coronavirus disease 2019 (COVID-19) induced contractions seen through most of 2020 with output and new business rising for the third straight month in December, according to the latest IHS Markit Services Purchasing Mana...

Bears gained ground in the last hour of trade and brought the indices' 10-day winning streak to a halt on Wednesday as heavyweight stocks such as Reliance Industries, Infosys, ITC, TCS, and HUL witnessed sharp profit booking. On the economic front, growth in India's dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment. The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 52.3 in December from November's 53.7. Besides, the composite PMI fell to a three-month low of 54.9. Globally, prosp...

US Market Open: Will the Democrats win control of the Senate? Joshua Warner January 6, 2021 12:20 PM The Democrats have won one of the seats and are confident of winning the second, which would swing control of the Senate to the Democrats from the Republicans. Share: US markets are expected to open mixed today as the Democrats edge toward controlling the Senate in the Georgia runoffs. A Democrat-controlled Senate is regarded as positive for aiding econ...

Growth in India's dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday.