- 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: January 8, 2010
January 82010
Unexpectedly Negative Payrolls Force Greenback Down
An employment report waited during all the week and released today frustrated analysts bringing weaker-than-expected figures for the U.S. economy, pulling the dollar down versus most of the 16 main traded currencies. After the non-farm payrolls report indicated that employers cut more jobs than forecasts suggested, the demand for dollar-priced and high-yielding currencies declined significantly in foreign-exchange markets as traders become more risk averse interpreting the pessimist data indicated in the U.S. […]
Read more
January 82010
EUR/USD Climbs as U.S. Employment Figures Frustrate Analysis
A U.S. employment report provided support for the EUR/USD currency pair to climb significantly erasing earlier losses as data came much below forecasts, declining attractiveness for the dollar which also posted losses versus several important currencies before the end of this week’s session. EUR/USD is currently trading at 1.4415 and is likely to end the first week of 2010 with a result in favor of the European single currency. Non-farm payrolls posted a drop […]
Read more
January 82010
Norwegian Krone Falls From 16-Month High
The krone fell today from the highest rate since September 2008 as the nation’s government finally expressed concern regarding the currency’s strength, halting a rally versus the euro that started in the end of 2009. Norway’s Industry Minister Trond Giske affirmed today that the krone may become too strong, fueling speculations that the government may intervene if the currency continues to extend its gains, mostly fueled by renewed demand for crude […]
Read more
January 82010
Unchanged Rates and Bond Purchases Maintain Pound Down
The British currency continued to suffer from its central bank monetary policies as interest rates remained unchanged in the country, suggesting that the recession will remain a reality in England for an extended period. A concerning budget deficit combined with weak economic data has been affecting the pound’s outlook as the Bank of England insists on its asset-purchase program which hasn’t been effective so far, as well as in all-time record low interest rates […]
Read more