- 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: June 14, 2010
June 142010
Strong New Zealand Dollar Makes Alan Bollard Unhappy
The New Zealand dollar extended its rally today, making Alan Bollard, the governor of the Reserve Bank of New Zealand, unhappy as he worries that the strong currency impedes the economic recovery. The currency’s appreciation in 2009 already decreased the exports, which make up 30 percent of the nation’s economy. Bollard predicted that the current account deficit would rise from 3.3 percent of gross domestic product as of March 2010 to 7.2 percent […]
Read more
June 142010
Positive Forecasts for Pound Brought Currency Higher
The Great Pound strengthened today, erasing its losses against the U.S. dollar and the Japanese yen, amid the speculations that the central bank will raise the interest rates after forecasts promised that the economic growth would accelerate and the budget deficit would be decreased. The Bank of England was keeping the key rate at the record low level for 16 months even as the inflation exceeded the governmentâs upper limit. The inflation reached 3.7 percent […]
Read more
June 142010
Euro Strengthens as Industrial Production Expands
The euro strengthened today against the U.S. dollar and the Japanese yen as the report was released, showing that the industrial production grew in the European Union. Eurostat, the statistical office of the European Union, reported that in April 2010 compared with March 2010, seasonally adjusted industrial production grew by 0.5% in the European Union and by 0.8% in the euro area. The European Central Bank reassured that it would continue purchases of the government bonds until the sovereign-debt […]
Read more
June 142010
Yen Declines as Demand for Safety Wanes
The Japanese yen fell for the third day against the U.S. dollar and the euro amid the speculation that the global economy recovers with the accelerating pace, reducing the demand for the yen as the safe currency. The report on Friday showed that the University of Michigan consumer sentiment index rose more than expected, adding to the signs of the economic recovery. The demand for the safety of the Japanese currency wanes as the consumers and the traders feel themselves more confident in the state of the economy. USD/JPY traded […]
Read more
June 142010
Do You Use Forex Trading Journal?
Following up on my blog posts about the importance of keeping a trade journal in Forex trading. I’ve decided the ask my readers if they use this great tool for improving the overall Forex system and money management in particular. You can find my previous posts with a good example of trade journal (in Excel format) here: Organize Your Forex Trading with Trade Journal — links to a little outdated journal file but explains […]
Read more