- 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: January 14, 2011
January 142011
Chinese Inflation Fighting Weights AUD
Anti-inflationary measures conducted by the financial authorities of China press on the currency of its close trade partner — Australia, sending it down not worse than the floods. While the developed economies of West have just began to recover from the global financial crisis, the emerging Asian countries are already struggling with elevated inflation. Following the measures conducted by Thailand and South Korea, China continues to curb the liquidity in order to cut the consumer price […]
Read more
January 142011
Dollar Continues Its Decline on Poor Consumer Sentiment
The US currency continued its decline against the major currencies today, as the internal macroeconomic reports suggested that the situation with the US consumer sector isn’t as good as it seemed. The dollar has posted a third bearish day against the Japanese yen, a fifth bearish session against the euro and a sixth daily drop against the Great Britain pound. The current series of daily declines follows a rather long rally of the US currency. December […]
Read more
January 142011
US Inflation Data Helps Euro, Not Dollar
The EUR/USD behaved rather jumpy this trading session with an early morning monthly peak, a correction after it and then a new wave up until now. The latter was caused by the series of the macroeconomic releases that came out in US today. EUR/USD is currently trading near 1.3370 after rising as high as 1.3456 (record high since December 14) earlier. Advance report for the US retail sales showed a monthly […]
Read more
January 142011
Euro Climbs Despite Decline of Commodities
The euro continues to show an impressive performance as optimism about the ability of the European Union’s leaders to deal with the region’s financial crisis grows every day. The size of the EU rescue fund may be increased as Angela Merkel, the Chancellor of Germany, admitted that she’ll go to any length to deal with the European problems. Jean-Claude Trichet, the President of the European Central Bank, signaled that he may consider increasing the interest rates as the inflation […]
Read more