- 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: February 7, 2014
February 72014
Euro Struggles After German Court Decision on ECB Bond-Buying
Euro is lower today, thanks in large part to the latest development in the court complaints against the ECB’s bond-buying plan. With concerns over the program, and with worries about the sustainability of the eurozone’s fledgling economic recovery, the euro is struggling on the currency market today. Germany’s Constitutional Court has been looking at the bond-buying program instituted by the ECB in an effort to help prop up the eurozone economy. However, the German Court referred one of the complaints […]
Read more
February 72014
NFP Disappoint Yet Again, Dollar Weaker
One of the most important events this week was the release of US nonfarm payrolls, which was expected to ease worries about slowdown of the US economic growth. Yet in reality the employment data was disappointing and sent the US dollar lower. Payrolls demonstrated a meager 75,000 growth in December(revised higher by 1,000 from the initial estimate), and analysts have expected that today’s report would be much better, showing an increase by 185,000. […]
Read more
February 72014
Baht Heads to Weekly Rally, Remains in Danger
The Thai baht fell today, but was still heading to weekly gains as last weekend’s elections did not result in escalation of protests and violence, easing concerns about the political turmoil in the country. The election was held on February 2 and confirmed that the current government remains in power. The news resulted in a rally, which was not as short-lived as some experts have thought. Still, the opposition is attempting to annul the voting result and the political […]
Read more
February 72014
Chilean Peso Falls as Inflation Retreats from Record Level
Chile’s inflation fell even as the nation’s currency was weakening, and this led to speculations that the central bank will reduce interest rates. Such talks weakened the Chilean peso even more. Inflation fell to 2.8 percent in January from 3 percent in the previous month. The December’s level was highest in 19 months. The Central Bank of Chile already eased monetary policy in October and November and may do so again. Such […]
Read more
February 72014
EUR/USD Ends Week with Gains
EUR/USD ended this week with gains as US nonfarm payrolls disappointed yet again. The employment growth in January was not as small as in the previous month, but it was nowhere near the forecast level. The nonofficial data released earlier this week was also worse than expected. Nonfarm payrolls grew by 113k in January, missing the analysts’ estimate of 185k by a great margin. The increase was still bigger than the meager […]
Read more