- 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: August 19, 2010
August 192010
Canadian Dollar Falls as Economy Slows
The Canadian dollar slipped today after the economic reports from both the US and Canada itself intensified the concerns about the slowdown of the global economic growth. The wholesale sales in Canada declined 0.3 percent in June, while the growth by 0.4 percent was predicted. The US unemployment claims unexpectedly jumped to 500,000 last week. The Standard & Poor’s 500 index declined 1.3 percent and the MSCI World Index fell 0.2 percent, following […]
Read more
August 192010
Dollar Weakens as Reports Signal About Slowdown of US Recovery
The US dollar weakened today against most other major currencies after the unemployment claims unexpectedly surged and other reports signaled that the economic recovery in the US is slowing. The report about the initial jobless claims unpleasantly surprised the traders as the claims for the jobless benefits jumped from 488k to 500k last week, instead of declining to 478k as was expected. The Business Outlook Survey of the Federal Reserve Bank of Philadelphia showed that the manufacturing […]
Read more
August 192010
Ringgit Goes Higher as Economy Grows & Control Relaxes
The Malaysian ringgit advanced today after Malaysia’s economy posted the faster-than-expected growth and the central bank relaxed foreign-exchange controls. The nation’s economy grew 8.9 percent last quarter, compared to the forecast value of 8.4 percent. Malaysiaâs economic growth was almost fastest in the decade in the second quarter, spurred by the growing exports of oil and electronics and the increasing domestic spending. The central bank eased the foreign-exchange regime, which was installed in 1998 during the peak […]
Read more
August 192010
Great Britain Pound Rises on Smaller Budget Deficit
The Great Britain pound rose today versus other major currencies as the nation’s budget shortage in July was smaller than expected. The UK budget posted the deficit of 3.17 billion pounds ($5 billion), compared with 5.52 billion pounds in the previous year. The analysts expected the deficit of 4.8 billion pounds. The report supported the outlook that the measures, taken by the new government, will reduce Britain’s debt. GBP/USD traded at 1.5640 today […]
Read more
August 192010
EUR/USD Goes Up on Signs of Faltering Economic Recovery
EUR/USD rose today, following yesterday’s decline, as reports from the US today were really bad. Unemployment claims posted increased instead of expected decline and the report from the Federal Reserve Bank of Philadelphia showed that manufacturing activity contracted. EUR/USD trades now near 1.2881. Initial jobless claims went up from 488k to 500k last week. They were expected to decline to 478k instead. Philadelphia Fed index […]
Read more
August 192010
Triple-A Greek Forex Broker
OK, maybe AAAFx isn’t “triple-A” in a sense of a corporate debt credit rating or some consumer report organization but it has “triple-A” in its name (at least this broker want’s to be “triple-A” at something). AAAFx is a MetaTrader Forex broker, working under European Union regulation and is based in Greece. With no easy on-line deposit/withdrawal method and 2.4 pip spreads on EUR/USD, it may be not a very […]
Read more
August 192010
Loonie Rallies After BHP’s Potash Hostile Bid
The Canadian dollar rose as the North American stocks rallied after the hostile bid for the Potash Corp. by the BHP Billiton Ltd., which increased the appeal of the growth-linked assets. The future for crude oil, Canadaâs main export, slid as much as 2.6 percent to $73.83 on NYMEX, the lowest level since July 7th. The slump of the oil prices was overshadowed by the rally of the stocks after the BHP offered $130 in cash for each Potash share ($40 billion for the whole […]
Read more