- 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 3, 2012
May 32012
Euro Slips on Uncertainty and Economic Worries
Euro is slipping right now, following the latest data that promotes the idea that global economic uncertainty remains. Concerns about the eurozone economy are affecting the euro, but the 17-nation currency was showing resilience — until the latest economic news out of the United States. Earlier risk appetite due to cautious optimism is transforming in to risk aversion, and the euro is giving up its earlier gains against […]
Read more
May 32012
Britain’s Services PMI Down, Pound Follows
The Great Britain pound fell today against the US dollar after a report showed that the UK services index fell more than was expected by market participants. The currency was higher against the Japanese yen. The UK Services Purchasing Managers’ Index went down from 55.3 in March to 53.3 in April. The median forecast was 54.4. The data wasn’t all bad though. The value is above 50.0, indicating growth. […]
Read more
May 32012
US Dollar Mixed as Traders Consider Information
There is a lot for Forex traders to consider today, and the result is a so-far mixed performance fort he US dollar. Greenback is down against the euro and the Canadian dollar right now, but higher against the UK pound and the Japanese yen. Economic data in the United States is taking a slightly positive turn, but there are still worries about the eurozone. US jobless claims dropped fort he first […]
Read more
May 32012
Unexpected Growth of Unemployment Drives Kiwi Down
The New Zealand dollar slid today to the lowest level in more than two months as the nation’s unemployment rate rose, even though analysts said that it would decline, and employment growth was below expectations. The New Zealand unemployment rate climbed from 6.4 percent in the fourth quarter of 2011 to 6.7 percent in the first quarter of 2012. The reading was worse than even pessimists expected, while most specialists anticipated […]
Read more
May 32012
EUR/USD Erases Gains After ECB Maintains Key Interest Rates
EUR/USD was falling today, but erased most of its losses after the press-conference the European Central Bank as President Mario Draghi was less dovish than expected. (Event A on the chart.) Some speculators expected an interest rate cut, but such expectations haven’t come true. The US service industries didn’t demonstrate particularly good performance. Unemployment claims fell more than was predicted by analysts. Initial jobless claims […]
Read more