- 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: December 6, 2013
December 62013
Yen Falls on Risk Appetite After US Nonfarm Payrolls
The Japanese yen fell against all other most-traded currencies today on speculations that failure to meet the inflation target will force the Bank of Japan to add monetary stimulus. The currency was also weak amid risk appetite on the Forex market. Traders were buying riskier currencies, not safer ones, after positive employment data from the United States. It was somewhat surprising behavior as better data increases chances […]
Read more
December 62013
UK Pound Gets Boost on Housing Price Data
Once again, the focus in the United Kingdom is on housing price data. With UK home prices on the rise, the pound is gaining ground against its major counterparts. Sterling is suffering from a weekly drop, but it is paring its overall losses, thanks to the latest data. Even though the UK economy has made strides in recent weeks, there are still difficulties associated with the pound’s performance. […]
Read more
December 62013
Euro Mostly Higher With Banking Union Meeting Under Way
The last part of this week is a busy one for the euro. The latest ECB decision, which left rates unchanged, has given the 17-nation currency a boost. Another factor influencing the euro is the meeting of eurozone leaders in Berlin today. They are making an effort to secure a better banking union for the region. One of the concerns holding back the eurozone recovery, and that continues to arise during talk of euro stability, is that of the banking […]
Read more
December 62013
Loonie Gains After Good Employment Report
The Canadian dollar gained today after data showed that employment grew with decent pace last month, suggesting that economic recovery is proceeding in the North American country. Canadian employment added 21,600 jobs in November after expanding by 13,200 in October. The employment change was in line with forecasts. The unemployment rate remained steady at 6.9 percent. US employment data was also released today, creating huge […]
Read more
December 62013
Nonfarm Payrolls Provide Pleasant Surprise to Dollar Bulls
Nonfarm payrolls pleasantly surprised dollar bulls as they demonstrated robust employment growth and added to speculations that the Federal Reserve will reduce monetary stimulus this month. Yet another surprise, this time not so pleasant, was the fact that the dollar did not manage to gain on the euro and the Great Britain pound, though it was able to jump versus the Japanese yen. Currently, though, it looks like […]
Read more
December 62013
NFP Surprises Positively, EUR/USD Reaction Surprises Too
Today’s US nonfarm payrolls made a nice surprise to dollar bulls, showing good employment growth and fueling speculations about quantitative easing tapering. Yet EUR/USD made a surprise too: it did not crash down, as one might expect, but traded sideways for a time and now took off higher. It is even more surprising considering that most other reports from the United State were also […]
Read more
December 62013
Vietnam Experiences Power Shortage, Dong Stable
Vietnam desperately needs inflows of overseas capital, but the attractiveness of the country for foreign investment is in danger because of energy shortage. The Vietnamese dong remained stable today. Retail electricity prices were too low in Vietnam to attract investors to the power industry. The government is trying to address the issue by raising prices, but it may not do so soon enough. Meanwhile, low retail power prices attracted investors to electricity-intensive […]
Read more