- 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 9, 2011
May 92011
Canadian Dollar Gains vs. Euro After S&P Cut Greece’s Rating
The Canadian dollar advanced against the euro after Standard and Poor’s downgraded Greece’s credit rating, fueling concern that the nation may face default or even leave the Eurozone. The Canadian currency also rose against the US dollar and the Japanese yen. S&P reduced long-term credit rating of Greece to BB- from B and suggested that further reductions may follow. The credit agency explained the reasons for the downgrade: The downgrade reflects our view […]
Read more
May 92011
Euro Scraps Rally as Optimism Wanes
The euro rallied today on speculation that the European Central Bank will increase its interest rates even as the threat of the sovereign-debt crisis persists. The optimism quickly waned, though, and the currency experienced a sharp drop. The euro was gradually rising today as the policy makers of the European Union agreed on May 6 to reconsider term of the bailout for Greece. The economic data was also favorable as the German trade balance surplus increased from â¬11.3 in February […]
Read more
May 92011
Australian Dollar Boosted by Jobs & China’s Imports Outlook
The Australian dollar rose today as the number of jobs available in Australia grew and on speculation that China will increase its imports. Australia and New Zealand Banking Group reported that job advertisements increased 1.0 percent in April from March, following the 1.3 percent growth in March. Chinaâs imports rose 28.9 percent in April from a year ago, following the advance by 27.3 percent in March, according to the estimates of analysts before the government […]
Read more
May 92011
Is It All Over for Silver?
What might seem a tragedy for many home-bred silver investors could be a profitable trading opportunity for silver skeptics. Although the silver is growing for the second day in a row today, it’s still far below its peak level of $49.73 per troy ounce that was reached on April 25. While some argue that the bubble has bursted and offer their analysis of the event. It’s hard to predict the further movement […]
Read more