- 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 14, 2010
July 142010
Dollar Falls vs. Pound & Yen, Fluctuates vs. Euro
The U.S. dollar rose against the euro on the concern for the Eurozone economy, then dropped on the unfavorable fundamentals, and yet rebounded after the Federal Reserve officials decreased the forecast for the growth and noted the threat to the economic recovery; the greenback slipped versus the Great Britain pound and the Japanese yen. The U.S. retail sales declined by 0.5% in June, compared to the forecast 0.2% decrease. The imports prices dropped by 1.3%, mainly because of the lower fuel prices. The imports prices went […]
Read more
July 142010
Pound May Retain Strength Despite Budget Cuts
The Great Britain pound strengthened today for the second day after the labor market provided good numbers, suggesting that Britain’s economy may retain its strength despite the spending cuts. The number of people claiming the jobless benefits fell by 20,800 between May and June, somewhat more than the 20,100 decline analysts predicted. The unemployment rate for the three months to May 2010 was 7.8 percent, compared to expectations of 7.9 percent and down […]
Read more
July 142010
Euro Weakens with Less than Expected Economic Growth
The euro weakened today s the Spanish lenders borrowed the record amount form the European Central Bank and after the region’s industrial production expanded less than predicted. Spainâs financial institutions borrowed the record â¬126.3 billion from the ECB last month as the investors avoided the local banks. The seasonally adjusted industrial production grew by 0.9 percent in May compared with April in the Eurozone. The median forecast was the growth by 1.2 percent. EUR/USD […]
Read more
July 142010
New Zealand Dollar Halts Its Rally on Lower Retail Sales
The New Zealand dollar halted today its six-day rally against the U.S. currency as the macroeconomic data suggested that the nation’s economy might grow with slower than anticipated pace. The total retail sales rose 0.4 percent ($24 million) in May, while previous estimates indicated the 0.6 percent growth. The core retail sales decreased 0.2 percent ($10 million) instead of increasing 0.6 percent, as forecast suggested. This […]
Read more
July 142010
EUR/USD Moves Up and Down Today, Remains at Opening Level
The euro went down today at the start of the trading session against the dollar after industrial production in Europe expanded less than expected and Spanish financial institutions borrowed record amount from the European Central Bank. Unfavorable reports from the U.S. pushed the dollar down later. While concern about the state of European economy persists, the focus of concerns about economic growth may shift to the U.S. EUR/USD trades near its opening […]
Read more
July 142010
Pound Goes Up on High Inflation & Retail Sales
The Great Britain pound strengthened today on the speculation that the higher than expected inflation and the retail sales would cause the central bank to raise the interest rates. The annual inflation was at 3.2 percent level in June, which is lower than May reading of 3.4 percent, but still above the central bank’s limit of 3 percent. The survey, performed by the British Retail Consortium, showed the 1.2 percent increase of the retail sales. This […]
Read more