- 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 21, 2010
September 212010
Dollar Weakens as Fed Leaves Interest Rates Record Low
The US dollar extended its decline today against the euro and the Japanese yen after the Federal Reserve showed that it’s going to add further stimulus to support the failing US economy and at the same time refrained from the buying of the securities. The Fed refrained from increasing its balance sheet, just as was expected by the analysts. The decision on the interest rates was also in line with the expectations as they remained at their historically record low […]
Read more
September 212010
Canada’s Dollar Drops on Lower Consumer Prices
The Canadian dollar fell today after the consumer prices unexpectedly decreased, spurring the speculations that the central bank would stop the interest rates increases when its policy makers will meet next month. The consumer prices index fell 0.1 percent in August, compared with the growth by 0.5 percent in July. The analysts expected the index to remain the same. The core consumer prices index, which excludes the effect of changes in indirect taxes […]
Read more
September 212010
Kiwi Falls as Fed May Refrain from Additional Stimulus
The New Zealand dollar slipped today on the speculation that the Federal Reserve wouldn’t continue the quantitative easing to support the US economy, decreasing the appeal of the riskier currencies. Most analysts say that the Fed would refrain from buying of the government debt. The traders priced the in the expectations for the additional stimulus perhaps too fast and too much. The kiwi also fell as the speculators lowered their debts on the rates hike by the Federal Open Market Committee on its […]
Read more
September 212010
Rupee Strengthens on Record Capital Inflows
The Indian rupee gained today as the investors’ confidence in the currency was highest since May 2009 after the unprecedented $25 billion of the capital inflows into the nation’s equities. The global funds pumped $15.8 billion into the stock in 2010, 54 percent higher than in the same period last year, and $9.2 billion into the debt, more than the total amount for the previous eight years. The analysts say that outlook for India’s growth and stocks […]
Read more
September 212010
Fed Keeps Interest Rates Unchanged, Dollar Falls Down
The Federal Reserve decided to keep interest rates at it current record low levels, increasing concerns for the US economy and driving dollar down. Better than expected report on building permits clearly wasn’t able to outweigh the Fed decision. EUR/USD trades now at 1.3202 after it opened at 1.3061. Building permits were at a seasonally adjusted annual rate of 569k in August. Forecast said it would remain at the previous (revised) July […]
Read more