- 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 19, 2012
May 192012
Bad Week for Loonie in Spite of Some Good News
The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodity currencies. Fears that Greece would exit the eurozone and that the crisis is spreading to Spain hammered the loonie, as the Canadian currency is usually nicknamed. Domestic fundamentals were actually good for the currency. Manufacturing sales climbed 1.9 percent in March and consumer price inflation was […]
Read more
May 192012
Forex Technical Analysis for Week 05/21—05/25
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2385 1.2513 1.2647 1.2775 1.2909 1.3037 1.3171 GBP/USD 1.5267 1.5499 1.5658 1.5890 1.6049 1.6281 1.6440 USD/JPY 76.89 77.94 78.46 79.51 80.03 81.08 81.60 EUR/JPY 96.51 98.35 99.67 101.51 102.83 104.67 105.99 GBP/JPY 119.21 121.92 123.44 126.15 127.67 […]
Read more
May 192012
Chile’s Central Bank Holds Main Interest Rate, Peso Advances
The Chilean peso rose even after Chile’s central bank refrained from increasing interest rates. Good prospects for the nation’s economy and possibility of an interest rate hike in the future may be responsible for the currency’s gains. The Central Bank of Chile decided to maintain its main interest rate at 5 percent. Analysts had different view on future monetary policy of the central bank. Some said that the bank would boost the rate in the second […]
Read more