- 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: July 13, 2010
July 132010
Can European Economy Return Strength to Euro?
The euro strengthened today after Greece auctioned the Treasury bills at the rate below that the European Union charged when it bailed Greece out of crisis. Greece sold the Treasury bills for the amount of â¬1.625 billion at the yield of 4.65 percent, while the E.U. charged 5 percent. The European leaders urged the bank to attempt to raise the money themselves before turning to the state support in case the stress test, which performed to check the stability of the European […]
Read more
July 132010
Aussie Slips on Concern for China’s Growth
The Australian dollar extended its decline today as the speculation, that the Chinese economic expansion slows, curbed the appeal of the higher-yielding currencies. Chinaâs gross domestic product grew 10.5 percent in the last quarter, compared to 11.9 percent in the previous three months. Chinaâs Shanghai Composite Index slipped 1.6 percent and the MSCI Asia Pacific Index of shares declined 0.6 percent. AUD/USD traded at 0.8748 as of 10:04 GMT today after opening at 0.8758. […]
Read more
July 132010
EUR/USD Goes Up as Focus of Concerns Shift from E.U. to U.S.
EUR/USD currency pair went up, following two days of losses, after Greece auctioned its debt, despite it fell at the star of trading session as Moody’s Investor Service has cut Portugal’s credit rating. Widening U.S. trade balance deficit hadn’t helped the dollar to outperform the euro. EUR/USD trades near 1.2711 now. U.S. trade balance extended its deficit, reaching $42.3 billion, up from $40.3 […]
Read more
July 132010
Mexican Peso Fluctuates on Growth Concern & Favorable Outlook
The Mexican peso fluctuated today, following the yesterday’s decline, amid the speculations that the import in China diminishes, increasing the concerns that the global economy might falter. Imports of copper and copper products into China fell to 328,231 metric tons (17 percent) in June from May. Copper prices have declined 10 percent in 2010 on the speculations that demand would fall. Some analysts say, though, that fundamentals should push […]
Read more