- 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: September 16, 2010
September 162010
UK Retail Sales Decline, Britain’s Pound Drops vs. Euro
The Great Britain pound fell today versus the euro after the retail sales unexpectedly slowed in August, increasing the concern for Britain’s economy. The currency rose against the US dollar after it slumped earlier. The Office for National Statistics reported that between July and August the retail sales volume decreased by 0.5 percent. That’s compared with the growth by 0.8 percent in July and the forecast increase by 0.3 percent. The slowdown of the sales reinforced the concern […]
Read more
September 162010
Canadian Dollar Weakens with Falling Oil Prices
The Canadian dollar fell today versus the euro to the lowest level more than a week and weakened against the US dollar after the prices for crude oil declined and stock dropped. October futures for oil delivery slipped as much as 1.6 percent to $74.81 per barrel. Oil is the main Canada’s export. The oil sands in Alberta, Canadaâs fourth most populous province, contain about 170 billion barrels of petroleum, the largest pool outside […]
Read more
September 162010
New Zealand Dollar Weakens on Interest Rates Outlook
The New Zealand dollar weakened today after the dovish statement of Alan Bollard, the governor of the Reserve Bank of New Zealand, suggested that the central bank would keep the interest rates unchanged. Bollard said that the worst earthquake in 80 years “significantly disrupted economic activity and is likely to continue to do so for some time.” The statement, which was more dovish than the traders expected, sent the bets on the interest rates hike […]
Read more
September 162010
Yen Rises After Decline on Intervention
The Japanese yen pared yesterday’s losses on the speculation that Japan’s exporters would buy the currency after the government intervention pushed the yen down to the lowest level in almost two weeks against the US dollar. The Japanese exporters may buy the yen before the fiscal half-year end. They usually purchase the yen to convert the overseas earnings into the local currency when they close their account books in March and September. The traders try […]
Read more
September 162010
Good US Reports Boost Risk Appetite, Pushing EUR/USD Higher
The euro extended its rally against the dollar today as good reports from the US, including report on Producer Price Index and unemployment claims, increased investors’ risk appetite. Philadelphia Fed Business Outlook Survey said that “regional manufacturing activity was nearly flat in September”. EUR/USD trades now near 1.3096 after rising to intraday high of 1.3108, the highest level since August 11. Producer Price Index (PPI) […]
Read more