- 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: May 7, 2010
May 72010
Aussie Rebounds on Hopes for Positive Outcome of Greece’s Crisis
The Australian dollar gained against most other major currencies, including its U.S. counterpart and excluding the euro, on the speculation that the Group of Seven nations will take measures to contain the spread of the Greece’s debt crisis. The Reserve Bank of Australia improved the forecasts for the domestic growth and the inflation today. The central bank should remain cautious about raising the interest rates in the light of the European troubles. The report about the employment surge in the U.S. also helps […]
Read more
May 72010
Sterling Faces Unfavorable Election Outcome
The Great Britain pound tumbled today as the Parliamentary election hasn’t showed the clear winner, confirming expectations of the hung parliament and spurring fears that the new government won’t be able to deal with the budget deficit. The U.K. budget shortfall is 167 billion-pound ($244 billion), which is more than 11 percent of gross domestic product and the largest deficit in the Group of Seven nations. The election may face legal challenges as the voters […]
Read more
May 72010
Euro Rises vs. Dollar, Yet Rebound Considered Short-Term
The U.S. dollar halted its 4-day rally against the euro and fell today on the speculation that the European governments and the central banks will contain the spread of the debt crisis as the Group of Seven nations plans to discuss the fiscal troubles of Greece. The experts consider the previous depreciation of the common European currency a bit excessive. Yet they say that the rebound is purely technical and doesn’t really reflect the general investors’ outlook for the euro, which remains […]
Read more
May 72010
Russian Forex Broker On-Line Since 1998
One of the oldest on-line Forex brokers has been listed on EarnForex.com today — Akmos Trade. It’s quite popular in Russia but is almost unknown outside it, despite the fact that their currency rate informers were widely used even on English websites several years ago. They offer two trading platforms — MetaTrader 4 and AMF. The latter is the custom web-based platform that can be used […]
Read more
May 72010
Euro Strengthens vs. Dollar as European Crisis May Be Resolved
EUR/USD halted its 4-day decline today on the speculation that the European Central Bank and the Group of Seven Nations will act to prevent a debt crisis to spread over European countries. While the non-farm payrolls posted positive results for the U.S. economy, rising unemployment rate can be consider somewhat disturbing. Still, consumer rating shows optimism for the future. Non-farm payrolls showed the increase of 290k, which is significantly better than […]
Read more
May 72010
Investors are Pessimistic About EU Economy, Causing Euro to Fall
The euro extended its slump today for the fourth day as Jean-Claude Trichet, the President of the European Central Bank, announced that the buying of the government bonds wasn’t discussed at the ECB meeting today. The ECB kept its benchmark interest rate at the record low 1 percent. Trichet said: “We call for decisive actions by governments to achieving a lasting and credible consolidation of public finances”. He claimed that European economy was slowed in the first quarter […]
Read more