- 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: June 22, 2012
June 222012
Loonie Profits from Risk Appetite Even as Inflation Slows
The Canadian dollar jumped today as traders were feeling in mood to risk even as problems of Europe remained unresolved and it was unclear if the United States would be able to sustain its economic growth. Fundamentals have not changed, but for some reason traders changed their mood. Perhaps it was desire to see hope after a long time of hopelessness, perhaps markets were bouncing after a long slide. […]
Read more
June 222012
Brazilian Real Rallies as There Is Still Some Hope for Europe
The Brazilian real rallied today on hopes that European politicians would find a way out of the sovereign-debt crisis that plague the countries of the European Union. Riskier currencies of emerging markets rallied on improving market sentiment. Leaders of Germany, France, Italy and Spain meet in Rome today, giving investors hope that some cure for the debt contagion may still be found. Luxembourg Prime Minister Jean-Claude Juncker said that money […]
Read more
June 222012
Forint Loses Gains, Still Heads for Third Weekly Advance
The Hungarian forint climbed today, before trimming its gains, as the government may remove a legislative obstacle that prevented talks about a bailout. The currency pulled back after the initial gains, but recovered and headed for a third straight weekly advance. The Hungarian government plans to change the law on the Magyar Nemzeti Bank, the Hungarian National Bank, that caused concerns to the European Central Bank and the International Monetary Fund. The parliament may approve the bill […]
Read more
June 222012
US Dollar Falls Back as Traders Find Optimism
US dollar is falling back today, heading lower as optimism makes an appearance. High beta currencies like the euro and the pound have the upper hand today as Forex traders look for a solution to the problems besetting the eurozone. Eurozone leaders from Germany, France, Spain and Italy are meeting today to try to hash out a solution to the eurozone debt contagion. At the same time, Spain is likely to request bank aid. The news has […]
Read more
June 222012
Euro Moves Higher as the Markets Calm Down
Euro is moving higher right now as the markets calm down from yesterday’s huge break down. Concerns about the global economy, along with a mass downgrade of banks by Moody’s Investors Serve, send markets tumbling out of control yesterday. Today, though, things are calming down a bit, and the euro is seeing a bit of a lift. Providing some help for the euro on the Forex market is the fact that the eurozone’s “Big […]
Read more
June 222012
Aussie Drops with Global Equities
The Australian dollar slumped as Moody’s Rating Agency lowered credit ratings of several banks and global stocks dropped, giving evidence that markets are currently in a risk-off mode that is negative for commodity currencies. The Standard & Poorâs 500 Index dropped as much as 2.2 percent yesterday, demonstrating the biggest daily fall since June 1. The Stoxx Europe 600 Index was down 0.5 percent. Moody’s cut ratings […]
Read more