- 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 18, 2014
February 182014
AUD/JPY Rises After RBA Minutes, AUD/USD Stays Flat
The Reserve Bank of Australia released the minutes of its latest policy meeting today. The Australian dollar rose against the Japanese yen after the release, but was flat against its US peer. The minutes were rather optimistic, pointing at economic recovery in Australia and its major trading partners. Regarding the future monetary policy, the RBA said: The Board would continue to examine the data over the period ahead to assess whether monetary policy […]
Read more
February 182014
UK Pound Struggles in Currency Trading
UK pound is struggling today on the currency market. Even though the pound is higher against some of its low beta counterparts, the gains are relatively small, and they have come only after earlier losses. Inflation data seems to be the main culprit. The latest inflation data from the Office for National Statistics shows a rate of 1.9 percent for January. This represents a slowing of grown from December 2013, which […]
Read more
February 182014
Euro Surges Against US Dollar
The euro is heading higher today, gaining against most of its major counterparts and surging against the US dollar. Even the disappointing news about the German ZEW isn’t stopping the euro today. Euro is heading higher today, maintaining its level above 1.3700 against the US dollar, and gaining ground against its other major counterparts. This news comes in spite of the recent reading from the German ZEW. Economic […]
Read more
February 182014
Yen Shows Weakness After BoJ Boosts Lending
The Japanese yen was very weak today after the Bank of Japan maintained monetary accommodation unchanged and boosted the lending program, increasing its term at the same time. The BoJ maintained its asset purchase program at ¥60–70 trillion at today’s policy meeting. The central bank also announced: The Policy Board also decided, by a unanimous vote, to double the scale of (i) the Fund-Provisioning Measure to Stimulate Bank Lending (hereafter “Stimulating Bank Lending Facility”) […]
Read more
February 182014
Traders Feel No Need for Dollar, EUR/USD Jumps
It looks like Forex traders do not feel that they need the safety of the US currency right now, leading to the rally of EUR/USD. Today’s economic reports from the United States were not helping as they have disappointed market participants yet again. The Federal Open Market Committee will release the minutes of its latest policy meeting tomorrow, and this may affect the dollar’s performance significantly. NY Empire […]
Read more
February 182014
Dollar Starts Week on Strong Footing
The US dollar started the week fairly strong against most major currencies, though it was flat versus such currencies as the euro and the New Zealand dollar. The major highlight of this week will be the minutes of the latest Federal Reserve monetary policy meeting. The Federal Open Market Committee will release the minutes on February 19. They should reveal the thought of policy makers that led to the reduction of monetary stimulus. Additionally, […]
Read more