- 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: March 12, 2014
March 122014
Thai Baht Drops on Interest Rate Cut & Court Ruling
The Thai baht dropped today as the central bank performed an interest rate cut and the Constitutional Court ruled out the investment bill, which should have improved the economic climate in the country. Judges decided that the legislation, which should have allocated 2 trillion baht ($62 billion) to government infrastructure projects, is unconstitutional. Meanwhile, the Bank of Thailand reduced the policy rate by 25 basis points to 2 percent. The bank explained: The committee […]
Read more
March 122014
Brazilian Real Drops as Inflation Slows
The Brazilian real declined today as the official report showed that food inflation slowed last month, reducing incentive for the central bank to raise interest rates as a measure to battle inflation. Food and beverage prices grew 0.56 percent in February from the previous month, slower than the previous increase of 0.84 percent. At the same time, annual inflation was at 5.68 percent, exceeding analysts’ expectations. The Central Bank of Brazil has already slowed […]
Read more
March 122014
Euro Continues to Rise Amid Concerns About Strength
Euro continues to log gains, even as many throughout the eurozone express concern about the euro’s recent appreciation. There are worries that the euro’s strength has been keeping the eurozone from seeing the kind of economic growth that would help the region overcome its recent problems. Euro is higher again today, rising pretty much across the board. Since the middle of 2012, the euro has gained about 9 […]
Read more
March 122014
Loonie Down as Commodities Struggle
Canadian dollar is lower today, struggling along with many commodities. One of the big drivers of difficulty today is the fact that there are concerns about growth in China, and commodities are heading lower. As a commodity currency, this development weighs on the loonie. Concerns about the rate of Chinese growth this year are weighing a bit on some currencies right now, particularly the loonie. Commodity currencies are especially hard […]
Read more
March 122014
Poor Fundamentals Do Not Prevent Rally of EUR/USD
There are not many economic reports from the United States this week. As for European data, it was not particularly good but it did not prevent today’s rally of EUR/USD. Crude oil inventories increased by 6.2 million barrels last week and are in the upper half of the average range for this time of year. The actual increase exceeded the expected 2.1 million and the last week’s 1.4 million. Total motor […]
Read more
March 122014
New Forex VPS Based in USA (Supports Bitcoin)
Almost half a year has passed since addition of the last VPS service to the listings on EarnForex.com. The newest listed company is called NetNine. It is not a super-specialized company aimed solely on Forex traders. They offer a wide array of hosting related solutions. That being said, NetNine should be good enough for currency traders too. Here is the list of some of their features: Payment options include PayPal, […]
Read more
March 122014
Yen Stays in Favor as China & Ukraine Feed Fears
The Forex market is still favoring safe currencies, helping the yen to keep yesterday’s gains today. The state of China’s economy and the situation in Ukraine did not improve the traders’ sentiment and this makes sure that the Japanese currency stays in favor. The poor economic data from China took market participants by surprise, kicking copper and other industrial metals down and weakening commodity currencies along with them. Meanwhile, tensions between […]
Read more
March 122014
Aussies Drops for Fourth Session
The Australian dollar declined today, falling for the fourth straight trading session against its most-traded peers, as today’s economic data showed that the nation’s economy is still struggling. The Westpac Melbourne Institute Index of Consumer Sentiment declined by 0.7 percent in March. The report said: The initial declines in December-January looked to be mainly the unwinding of the election-related sentiment boost. More recent falls though have had a very clear theme centring […]
Read more