- 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: February 15, 2011
February 152011
Important Week for US Dollar, Can It Confirm Bullish Trend?
Last week was very important for the US dollar because the currency reversed its bearish trend and strengthened versus most of its counterparts. This week can be even more important as it may confirm the trend or break it. Most analysts, including Daily FX, Action Forex and Forexyard, are pretty optimistic about the US currency. The spreading unrest in Northern Africa and the Middle East, the renewed concerns about European […]
Read more
February 152011
EUR/USD Rises, Yet May Resume Decline
EUR/USD rose a little today after it dropped yesterday and currently it looks like it may resume its decline. This day, as well as the next two days, is rich for the macroeconomic data. The reports continue to demonstrate growth of US economy, but some of them were worse than expected. EUR/USD trades currently at about 1.3497 after it rose previously to 1.3550. Retail sales increased 0.3% in January […]
Read more
February 152011
South Korean Won Gains on China’s Inflation
The South Korean won recovered from its earlier losses today as the lower than expected growth of China’s consumer prices reduced probability of further tightening by Chinese government to reduce inflation. China’s annual inflation grew 4.6 percent last month, compared to the analysts’ expectations of 5.4 percent growth. Chinese government was trying to reduce the growth of inflation by performing tightening measures, but now the government may for some time refrain […]
Read more
February 152011
Japanese Yen Weakens as Demand for Safety Wanes
The Japanese yen weakened today as the slower than expected inflation in China and improving economy of Europe decreased demand for safer currencies. China’s statistics bureau reported that the consumer prices advanced 4.9 percent in January from a year ago, compared with the growth by 4.6 percent in December. The median forecast promised an increase by 5.4 percent. The slowing inflation reduces the probability of further tightening measures by China’s government. The reports from Europe today […]
Read more