- 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: April 29, 2011
April 292011
Swiss Franc at New Record High Against Dollar
Prompted by the positive macroeconomic news, the Swiss franc managed to rise to a new record high against the US dollar and to grow against other major currencies today. The Swiss currency benefited from today’s leading economic indicator (KOF Economic Barometer) release that showed that its value rose unexpectedly in April. The report shows a growth from 2.25 to 2.29. Not only it’s above the expected 2.20 value, it’s also […]
Read more
April 292011
Yuan Appreciates Above 6.5 vs. USD for a Short Time
The Chinese yuan rose above the 6.5 level against the US dollar today for several hours before returning to the levels below this important psychological rate. The yuan reference trading rate was moved up to 6.499 per USD by the People’s Bank of China today. The currency is allowed to appreciate or depreciate within 0.5 percent boundary during a daily trading session, allowing an intraday low on the USD/CNY currency pair of 6.4805. The main […]
Read more
April 292011
EUR/USD Growth Reverses on Dollar-Positive News
The dollar recovered against the euro today after a bearish performance earlier as some positive news regarding personal income and spending coming out in the United States during the day. Mixed sentiment indexes continued to play in the greenback’s favor. EUR/USD is now trading near 1.4821. Personal income increased by 0.5% in the US in March, while spending rose by 0.6%. In February, income added 0.4% and spending increased by 0.9%. The forecasts for these indicators […]
Read more