- 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: May 5, 2011
May 52011
Swiss Franc Gains on Safety Demand, Rates Outlook
The Swiss franc against most major currencies as stocks and commodities declined and on speculation that the central bank will raise the interest rates. The Standard & Poorâs 500 Index dropped 0.7 percent, while the Thomson Reuters/Jefferies CRB Index of raw materials lost 1.8 percent. The indebtedness of developed countries continues to restrain investors’ willingness to risk. Vice President of the Swiss National Bank Thomas Jordan said that the central bank will […]
Read more
May 52011
ECB Holds Key Rate, EUR/USD Sinks
EUR/USD slumped today after the European Central Bank kept its main interest rate unchanged. (Event A on the chart.) ECB President Jean-Claude Trichet said that the policy maker will watch the inflation “very closely”, suggesting that the Bank may lift rates in June. The euro’s rally stalled this weak and the EUR/USD currency pair was weakening today, but ECB rates decision turned the gradual decline into a sharp […]
Read more
May 52011
Retail Sales Make Unpleasant Surprise, Sending AUD Down
The Australian dollar fell today, posting the fourth day of losses against its US counterpart, after the report showed an unexpected drop of the Australian retail sales. Australian retail sales fell 0.5 percent in March, after the four month of increases, including the rise by 0.8 percent in February. Forecast promised a growth by 0.6 percent. The decline of sales shows that the Australian consumers remain cautious in their spending and unsure about their economic […]
Read more