- 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: December 20, 2010
December 202010
Loonie Continues to Fall After Reaching Parity with US Dollar
The Canadian dollar slumped today, extending its decline from the highest level in this month, as crude oil, the main nation’s export, declined and the wholesale sales declined, reducing the appeal of the Canadian currency. January delivery for crude oil gained 0.8 percent to $88.75 per barrel and then dropped 0.9 percent to $87.26. Oil declined on the concerns that the financial crisis in Europe would spread. The wholesale sales in Canada remained unchanged at $44.9 […]
Read more
December 202010
Can Aussie Reach Parity with Greenback This Week? Unlikely
The Australian dollar showed a good performance in the first half of the last week, but has slowed its gains in the second. What can we expect from the Aussie in the next week, can it reach parity with the US dollar? The fundamentals were largely favorable for the currency. The most important event for the Australian currency was Chinaâs decision to keep its interest rates unchanged. China is the biggest trading partner of Australia and it […]
Read more
December 202010
Swiss Franc Gains on Korean Conflict & European Debt Crisis
The Swiss franc gained today as the debt problems in the European Union and the tension of the Korean peninsula turned the market sentiment to the risk aversion. South Korea performed the artillery drill near the disputed border, increasing the possibility that its conflict with North Korea would escalate, and imposed he levy on the foreign exchange borrowings. The credit ratings of some European countries were downgraded and others may follow, increasing the demand for safety among investors. […]
Read more
December 202010
Euro Extends Losses After Downgrades of EU Nations Credit Ratings
The euro extended its losses today on the concerns that the some nations of the European Union would have problems with raising funds after the credit agencies downgraded their credit ratings. The Moodyâs Investors Service downgraded Irelandâs credit rating by five levels to Baa1 on December 17th and warned that it may downgrade the rating of Greece, while the Standard & Poorâs put Belgium on the negative. The European Central Bank voiced the concerns […]
Read more
December 202010
Forex Regulation — Your Opinion
In the light of the recent regulatory actions by CFTC (mandatory FIFO order processing and the leverage limit of 1:50 for the major currency pairs), I’ve decided to find out the traders’ opinion on the whole situation with the regulation in the market. From one point of view, it’s very important to have some authority in the market to prevent scams, warn newbies and protect customers. But from the other point of view, restricting regulatory actions limit competition and prevent normal […]
Read more