- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: September 15, 2009
September 152009
Canadian Dollar Gains Further on Risk Appetite
The Canadian currency, which had been losing versus its U.S. counterpart, climbed the most in more than a week today, as a U.S. retail sales report brought optimism and consequently risk appetite among traders, favoring the loonie in foreign-exchange markets. Another day of optimism brought the Canadian currency up today, as retail sales surged in the United States, indicating that economic conditions in North America are improving steadily, making the loonie […]
Read more
September 152009
Brazilian Real Hits One-Year High on Retail Sales
The Brazilian currency extended yesterday’s gains versus the U.S. dollar as both retail data from Brazil and the United States improved, suggesting that the economy in both countries is recovering, which provided support for the emergent-market real to gain. The South African rand and the Brazilian real are the best performing currencies versus the greenback this year so far, as improved global economic data is helping emergent markets currencies to rally sharply, […]
Read more
September 152009
Pound Declines on BOE Shocking Statement
After a surprisingly negative statement made today by the Bank of England, the United Kingdom witnessed a sharp decline for the pound versus most of the 6 major traded currencies globally, as it indicates that the British Isles remain struggling to revive their economy. The pound declined versus the greenback today and reached the lowest rate in 3 months versus the euro after Bank of England Governor Mervyn King affirmed that rates to hold reserves […]
Read more
September 152009
Yen Declines Versus Greenback as U.S. Economy Recovers
The yen fell against the U.S. dollar today as several evidences are suggesting that the American economy may be finally recovering, making traders who opted for the Japanese currency as a refuge from uncertainties to bet once again in dollar-priced assets. After U.S. President Barack Obama declarations indicating that job losses are slowing down and many economic sectors are already growing again, the U.S. dollar found the support […]
Read more
September 152009
Bearish Inside Bar on EUR/USD
EUR/USD is down today even with the optimistic reports from both Eurozone and United States coming out. The currency pair is currently forming an inside bar chart pattern from the technical point of view. I believe we are back to a more “normal” logic where USD is benefiting from good U.S. fundamentals and the growing stock market. EUR/USD is now trading at 1.4586. Advance retail sales report […]
Read more