- 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: July 12, 2011
July 122011
Pound Recovers from Slump on Bad Fundamentals
The Great Britain pound currently attempts to recover from the losses caused by today’s macroeconomic reports. Virtually all data today was unfavorable for the sterling as it signaled that the economic recovery is faltering. The Consumer Price Index fell to 4.2 percent in June, while it was expected to stay at the May level of 4.5 percent. The trade balance deficit widened to £8.5 billion in May from £7.6 billion in April, instead of shrinking […]
Read more
July 122011
South Korean Won Suffers from Europe’s Troubles
The South Korean won, together with other Asian currencies, fell today as Italy became yet another country of the European Union threatened to be engulfed by the debt crisis. Standard & Poorâs and Moodyâs Investors Service voiced concerns about Italy’s ability to finance its debt. The European Central Bank said, according to the German newspaper Die Welt, said that to help Italy the EU would require to double its bailout […]
Read more
July 122011
CySEC-Regulated MetaTrader Broker — IronFX
IronFX is the latest addition in the Forex broker list on EarnForex.com. It’s a Cypriot broker that offers FX trading via MetaTrader and Web Trader platforms. This broker is regulated by the Cyprus Securities and Exchange Commission. Although, the minimum account size isn’t very low — $500, other trading conditions are quite favorable: flexible leverage (up to 1:500), rather low spreads and micro-Forex. It’s also a good broker if […]
Read more
July 122011
US Trade Balance Deficit Helps EUR/USD Erase Losses
EUR/USD posted a huge slump today on increasing concerns about the debt crisis in Europe. Italy may need help and some experts claim that in such case the European Union would be required to increase its bailout fund. The currency pair erased its losses after the report showed that the US trade balance deficit increased more than predicted. EUR/USD trades now at 1.4034, near its opening level […]
Read more
July 122011
Loonie Declines vs. Greenback, Remains Strong vs. Majors
The Canadian dollar weakened versus its US counterpart as the problems in Europe and prospects of slower economic growth in China made the US currency more preferable to the Canadian one. Italy is now yet another country that may require help from its European peers, while Greece still undermines confidence in the future of the Eurozone. In such an unfavorable environment growth-related currencies usually retreat, making safe currencies, like the US dollar […]
Read more