- 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 15, 2013
August 152013
Dollar Weakens Despite Positive Unemployment Data
The US dollar tumbled today even as positive employment data fueled talks that the Federal Reserve is going to tamper back its stimulus program very soon, a move that should bolster the currency. Claims for unemployment benefits fell by 15,000 to 320,000 last week. It was a pleasant surprise for market participants who have expected no change. Other reports were not particularly good, resulting in doubts if […]
Read more
August 152013
Canadian Dollar Struggles After US Data
Canadian dollar is struggling today after the release of US data. Positive US data is helping support the greenback against the loonie in the midst of a serious drop by stocks. Even higher oil prices can’t help the Canadian dollar right now. Canadian data recently has been a little disappointing, showing a bit of stagnation in the economy. Employment decreased by 39,000 in July, according to Statistics Canada. Additionally, there are still concerns […]
Read more
August 152013
Canadian Dollar Struggles After US Data
Canadian dollar is struggling today after the release of US data. Positive US data is helping support the greenback against the loonie in the midst of a serious drop by stocks. Even higher oil prices can’t help the Canadian dollar right now. Canadian data recently has been a little disappointing, showing a bit of stagnation in the economy. Employment decreased by 39,000 in July, according to Statistics Canada. Additionally, there are still concerns […]
Read more
August 152013
No End to Good Reports from UK, Sterling Higher
Will traders see an end to the stream of good data from the United Kingdom anytime soon? It certainly does not look so and this is helping the Great Britain pound, which rallied for the fourth straight trading session against the Japanese yen today. Retail sales rose 1.1 percent in July from June, when the increase was at just 0.2 percent. The actual change beat the forecast of 0.7 percent. All […]
Read more
August 152013
NZ Dollar Gains with Another Positive Report
The New Zealand dollar strengthened today as a report showed that business activity expanded last month, adding to positive indicators that were released this week. The Business NZ Manufacturing Index rose by 4.3 points to 59.5. It was just another good report that helped to erase the negativity created by the bad news. The New Zealand dollar was the strongest currency this week. NZD/USD rose from 0.8024 to 0.8083 […]
Read more
August 152013
EUR/USD Falls with US Jobless Claims
EUR/USD jumped today after four consecutive sessions of losses. The rally was big enough to reverse three-day decline. The currency pair suffered after US unemployment claims unexpectedly fell. Other reports from the United States were rather poor, but Forex traders preferred to pay attention to the positive employment data, driving the dollar up and keeping the euro down. Initial jobless claims fell to 320k last week, while […]
Read more
August 152013
Economic Growth & Falling Unemployment Bring Pound Higher
The Great Britain pound remained strong against the US dollar and the euro after yesterday’s gains, but retreated versus the Japanese yen. The currency gained as another set of positive data was released in the United Kingdom. UK gross domestic product expanded 0.6 percent in the first quarter after growing 0.3 percent in the preceding quarter. Unemployment fell by 29,200 in July, more than was predicted. The unemployment rate stayed at 7.8 percent. […]
Read more