- 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 24, 2012
July 242012
Poor Canadian Retail Sales Add to Pressure on Loonie
The Canadian dollar fell today for the third consecutive session versus the US dollar and the Japanese yen as worse-than-expected domestic data in Canada added to the downside pressure on the currency that is caused by signs of global economic slowdown. The Canadian currency was stronger against the euro. The markets reflected the poor mood of traders. The Standard & Poor’s 500 Index of shares was down 0.9 percent today. The S&P GSCI Index, which tracks 24 […]
Read more
July 242012
Dollar Reaches Two-Year High vs. Euro
The US dollar reached the highest level in two years against the euro and erased its previous losses versus the Great Britain pound today as concerns about the debt crisis in the European Union drove investors to the safety of the US currency. The greenback was weaker against the Japanese yen. There was plenty of news to make traders worried: surging Spanish yield, downgrade of outlook for Germany and some other country by Moody’s, bad PMI figures […]
Read more
July 242012
Euro Flounders on Germany, the Netherlands Credit Outlook
Euro is floundering today as concerns about what’s next continue to plague the 17-nation currency region. Once again, the 17-nation currency is below the 1.21 level against the US dollar, and it continues to drop against the UK pound. This time, some of the concern for the euro comes in the form of a downgrade to the credit outlook in Germany and in the Netherlands. Moody’s lowered its outlook for the two countries, recognizing that weaker countries in the eurozone would need […]
Read more
July 242012
Pound Steady in Forex Trading
UK pound is steading in Forex trading today, moving in a more positive direction against the US dollar. After some losses to the greenback, due largely to risk aversion, pound is eking out some gains today. Pound is also steadying against the euro, after some solid gains. The markets have been volatile the last few days. A lot has been going on with Europe, China, and US earnings […]
Read more
July 242012
Won Gains on China, Europe Remains Negative Factor
The South Korean won rose today, paring earlier losses, as positive data from China improved the market sentiment. News from Europe was not pretty, though, and the mood did not completely recover. The fundamental reports from China were good, easing fears about economic slowdown in the Asian nation. Europe, on the other hand, is not tired of providing bad news. Peripheral European economies are not the only […]
Read more
July 242012
NZ Dollar Rises on Positive Data from China
The New Zealand dollar advanced today, following two sessions of decline against the US dollar, as positive macroeconomic data from China boosted prospects for New Zealand exports. The Conference Board leading indicators rose 0.1 percent in June. The Flash HSBC Flash Manufacturing PMI went up from 48.2 in June to 49.5 in July, being near the neutral 50.0 level. China is the second-biggest trading partner of New Zealand. NZD/USD […]
Read more