- 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: March 27, 2013
March 272013
GBP Loses to USD & JPY, Gains on EUR
The Great Britain pound declined today against the US dollar and the Japanese yen after the data confirmed the contraction of economy in the last quarter. At the same, time the currency rose versus the euro, which was hard-pressed by the problems in the eurozone. Britain’s gross domestic product fell 0.3 percent in the fourth quarter of 2012 according the final revision. It was unchanged from the previous estimates. On top of that, the annual growth was revised down by 0.1 […]
Read more
March 272013
Europe’s Woes Make Chilean Peso Less Attractive
The Chilean pesos declined today as problems of various countries of the European Union left Forex traders unwilling to risk, driving them to currencies that offer higher safety. The last month’s election in Italy created a political deadlock and the country will have a hard time to deal with its problems without a strong government. Cyprus’s banks will be opened tomorrow and there is fear that depositors will try to withdraw their […]
Read more
March 272013
Brazilian Real Rises, Erases Gains Later
The Brazilian real fell today for seventh session, erasing the previous gains, even amid signs that the central bank is ready to intervene, preventing the currency’s losses. The real rallied initially after the Central Bank of Brazil offered foreign-exchange swaps to rein the currencyâs drop. The rally did not hold for long and the real retreated as of now. Deputy Finance Minister Nelson Barbosa said yesterday that there is no concern for inflation, […]
Read more
March 272013
Euro Erases Gains, Dropping to a Four-Month Low
Euro is dropping rapidly against most of its major counterparts. With the uncertainty over Cyprus, and with Italy once again with its back to the wall, trouble is looming for the 17-nation currency. The risk of capital flight is weighing on the euro today, and the 17-nation currency is heading to four-month lows against the US dollar as a result. While the euro attempted a rally earlier, that is all but gone now. Concerns […]
Read more
March 272013
Canadian Dollar Surges against European Currencies
Canadian dollar is surging against its European counterparts today, heading higher as the latest news on the economy helps the loonie. However, the Canadian dollar has fallen against the US dollar as uncertainty returns to the markets. Once again, it’s a time of confusion for Forex traders. Earlier, the Canadian dollar struggled, but the latest news from Statistics Canada, showing that consumer prices rose 1.2 per cent in February, is helping […]
Read more
March 272013
EUR/USD Returns to Free-Fall
EUR/USD recovered yesterday after the initial loss, but returned to a free fall today. Italy is unable to form a coalition government, adding to worries caused by the situation in Cyprus. This day was not particularly interesting in terms of data from the United States. Tomorrow, the last revision of the fourth quarter gross domestic product will be released and this report might make a strong impact on the Forex market. Pending home sales […]
Read more