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Day: July 26, 2013
July 262013
Canadian Dollar Mostly Flat in Thin Trading
After gaining some ground earlier on oil prices, the Canadian dollar is mostly flat today. Trading is thin, and the loonie is looking for direction — much like other currencies. US dollar took a dive after last nights article in the Wall Street Journal suggested that the Federal Reserve is likely to put off tapering its bond buying program. With the prospect of a weaker greenback, the loonie got a boost. […]
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July 262013
Abenomics Spurs Gains for the Japanese Yen
There is evidence that the Japanese economy is on the upswing, and many people are crediting Abenomics with the fact that significant inflation might be coming to Japan for the first time in nearly 20 years. The latest economic data indicates that core inflation in Japan has increased by 0.4 per cent. This is the fastest rate since November of 2008, when core inflation increased by 0.1 per cent. For the last […]
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July 262013
Tool for Measuring Daily and Weekly Gains
Gain/Loss Info is the newly available free indicator. It is not a trading indicator — it is more like an analytical one. Although the title says about measuring weekly and daily changes, it will actually measure changes per candle (or from previous Close to next candle’s Close) on any timeframe. Of course, its main purpose is to show percentage gains for days, weeks and months as they can really […]
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July 262013
Euro Strong vs. Dollar & Pound, Weak vs. Yen
The euro climbed against the US dollar and rose versus the Great Britain pound as German business climate continue to improve and Spanish unemployment shrank. The currency fell for the second day against the Japanese yen, erasing the big advance that it has made on Wednesday. The German Ifo Business Climate Index rose for the third straight month, advancing from 105.9 in June to 106.2 in July. Spanish unemployment ticked down by 0.9 percentage point […]
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