- 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: August 21, 2012
August 212012
Rand Gains as European Leaders Prepare to Discuss Greece
The South African rand rose today as the European leaders are going to discuss Greece. Investors have hopes that there is a way to save the indebted country and prevent its exit from the eurozone. Such hopes were positive for riskier currencies. Luxembourg Prime Minister Jean-Claude Juncker, the President of the Euro Group, will visit Greece tomorrow. German Chancellor Angela Merkel and French President Francois Hollande will meet in Berlin […]
Read more
August 212012
Pound Falls vs. Euro as UK Economy in Turmoil
The Great Britain pound fell today against the euro as the budget posted an unexpected deficit and the industrial trend survey was negative, adding to the signs that the UK economy is in turmoil. The sterling managed to gain versus the dollar. The Office for National Statistics reported that the budget was £557 million, while the median estimate promised a surplus of £2.2 billion. The budget had the £2.84 billion surplus at the same period last year. Confederation of British […]
Read more
August 212012
Japanese Yen Weakens as Risk Appetite Appears
Japanese yen is weaker against high beta currencies today as risk appetite makes its appearance. Since it is not needed as a safe haven right now, the yen is slipping — and that is probably just what Japanese officials want to see. Yen weakness comes as risk appetite gets a boost on the expectations that the ECB will be forced to do something to contain the sovereign debt crisis. Yen […]
Read more
August 212012
US Dollar Weakens as Hope Rises for the Eurozone
US dollar is weakening today as risk appetite makes an appearance. Hope that the European Central Bank is about to do something serious to contain the sovereign debt crisis is boosting other majors against the US dollar today. For now, the dollar index is lower, dropping as other major currencies gain the upper hand. Most of the losses for the greenback stem from the belief that the ECB will have to do something. […]
Read more
August 212012
Aussie Climbs After RBA Releases Minutes of Policy Meeting
The Australian dollar advanced today after the Reserve Bank of Australia released the minutes of its last monetary policy meeting, signaling that the domestic economic growth may offset the negative influence from outside of Australia. The RBA has left its main interest rate at 3.5 percent in August 7. The central bank had a rather positive view on the Australian economy, though also mentioned some problems: Members noted that the domestic […]
Read more
August 212012
Loonie Fluctuates amid Market Sluggishness
The Canadian dollar fluctuated as the mixed news from Europe made traders uncertain and confused. The summer trading is nearing to its end and the Forex market should soon become more vibrant, but for now trading remains sluggish as there is no major news to move currencies. Europe remains the major topic in the news headlines, but it was quite as of late. On the positive side, Greece claimed that it is able […]
Read more