- 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: October 18, 2010
October 182010
Growing Consumer Prices Bolsters New Zealand Dollar
The New Zealand dollar strengthened today after the report showed that the inflation in New Zealand accelerated in the third quarter of this year, allowing the kiwi to gain versus 14 of 16 most traded currencies. The New Zealand Consumer Prices Index rose 1.1 percent in the third quarter of 2010, compared to the 0.2 percent growth in the second quarter and the expected 1.0 percent increase. John Key, the Prime Minister of New Zealand, said that […]
Read more
October 182010
Pound Falls on Concerns Budget Cuts Won’t Help with Deficit
The Great Britain pound dropped today ahead of the announcement this week about the detail of the spending cuts to decrease the nation’s significant budget deficit. George Osborne, the Chancellor of the Exchequer, should announce his plans for the spending cuts on Wednesday. He hopes that the budget deficit would be nearly eliminated by the planned measures. Yet the economists aren’t convinced that the planned cuts would be able to reduce the deficit fast enough. GBP/USD […]
Read more
October 182010
Yen Rises vs. Dollar Ahead of G-20 Meeting
The Japanese yen extended its rally against the US dollar on the speculation that Japan wouldn’t intervene to weaken the currency before the Group of Twenty meeting. The leaders of the nations from G-20 will meet this week and will likely discuss the so-called “currency war”, the “race” of the countries to devaluate their currencies. It’s considered unlikely for any country of G-20 to weaken its currency ahead of the meeting. And without the intervention the yen may rose to the next […]
Read more
October 182010
EUR/USD Attempts to Erase Today’s Losses
EUR/USD gradually rises after falling earlier today. It looks like the currency pair will be struggling to rise after such fast rally. EUR/USD trades now at 1.3948 after slumping previously to 1.3831. Net foreign purchases of the long-term US securities was at $128.7 billion in October, above $61.2 billion reported for September and above the forecast value of $47.5 billion. Industrial production decreased 0.2% in September after having […]
Read more