- 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: April 19, 2013
April 192013
Euro Steadies against Dollar after Spike on Weidmann Comments
Euro is steadying against the US dollar after an earlier spike on comments made by an ECB official. Euro is moderating its gains, but it is still heading higher against its major counterparts. Earlier, Jens Weidmann, president of Germany’s Bundesbank, and member of the ECB governing council, said that interest rates are fine as they are, and that there is no reason for the ECB to cut rates anytime […]
Read more
April 192013
UK Pound Struggles after Earlier Success
UK pound is struggling right now, following earlier strength against the US dollar. UK retail sales data helped, but it hasn’t been enough for the pound to retain its gains against the greenback. UK pound is falling today, dropping as concerns about continued quantitative easing keep Forex traders cautious about the pound. Earlier in the session, GBP/USD reached as high as 1.5369, but the pound has since […]
Read more
April 192013
NZ Dollar Gains Despite Slowing Growth in China
The New Zealand dollar gained today even as macroeconomic reports suggested that economic growth in China is slowing, worsening prospects for New Zealand exports. The Conference Board’s leading indicators for China stalled in March after rising 1.2 percent in February. The kiwi did not bulk to the negative impact of the poor data from New Zealand’s biggest trading partner. Domestic fundamentals were more supportive for the currency as inflation accelerated to 0.4 […]
Read more
April 192013
Won Gains amid Easing Tensions Between North & South Koreas
The South Korean won gained today as South Korea, Japan and China planned to coordinate efforts for resolving the political tension between North and South Korea’s. Previously, tensions were escalating after North Korea performed a nuclear test and threatened to attack its Southern neighbor. Now, concerns are waning on prospects of peaceful negotiation. The hostility persists for now though and together with fear of global economic slowdown it may yet push […]
Read more
April 192013
Get Alerted on Local Minimum/Maximum Breakout
A new MetaTrader indicator is now available for download from EarnForex.com — Recent High/Low Alert. The purpose of this indicator is very simple — to show the high/low level over the last N bars and send alerts if it breaks. The idea of this indicator was suggested by a Three-Bar Exit technique from the Naked Forex book. There already was a similar indicator created for MetaTrader 4 back in 2007 but it lacked […]
Read more
April 192013
G-20 Does Not Blame Japan for Weakening Yen
The Japanese yen weakened today against all other most-traded currencies on speculations that the Group of Twenty will not accuse Japan of currency manipulations, allowing Japanese policy makers to push the currency further down. The Group of Twenty has started its two-day meeting yesterday. The global growth is the main agenda of the gathering, but currency wars are among topics of the discussion too. There are signs that Japan will […]
Read more
April 192013
US Dollar Soft Despite Poor Economic Data
The US dollar trimmed its losses against riskier currencies yesterday as macroeconomic data from the United States was worse than expected. The currency resumed its decline today as optimism returned to the market. Unemployment claims rose by 4,000 to 352,000 last week. The increase was small, but forecasters have promised the claims to stay virtually unchanged. The manufacturing index of the Federal Reserve Bank of Philadelphia fell from 2.0 in March to 1.3 […]
Read more