- 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 18, 2014
March 182014
US Dollar Finds Support as Traders “Wait and See”
US dollar is finding support against some of its counterparts today as Forex traders enter “wait and see” mode with regard to what’s next for the global economy and US monetary policy. Greenback is higher against high beta currencies, and lower against the yen. The dollar index is higher today. The US dollar index is higher today, reflecting the gains the greenback is making against its European counterparts, […]
Read more
March 182014
Euro Struggles After Trade Data
Euro is struggling a bit today following the release of January’s trade data. The disappointing data is leading to a slightly lower euro, even with the German Constitutional Court upholding the country’s participation in the eurozone bailout fund. The eurozone’s trade surplus for January was much smaller than expected, leading to disappointment about the nature of the region’s economic recovery. Expectations for January’s trade surplus were for 12 billion euros, but the actual result […]
Read more
March 182014
Thai Baht Gains as Geopolitical Risks Decline
The Thai baht climbed today as political tensions in Thailand were easing, making the country attractive for overseas investors yet again. The general risk-positive sentiment on the Forex market also played in favor of the currency. Deputy Prime Minister Yukol Limlamthong announced that the emergency decree, which was imposed on January 22, will be lifted before the planned expiration date of March 23. At the same time, the government will continue to use the Internal […]
Read more
March 182014
Aussies Slides After RBA Minutes
The Australian dollar declined today after the Reserve Bank of Australia released minutes of its latest monetary policy meeting. The central bank plans to keep interest rates stable for some time, yet at the same time thinks that the currency is too strong and should depreciate to help economic growth. The Australian central bank was optimistic about the economic developments: Domestically, timely indicators were consistent with some improvement in economic […]
Read more
March 182014
EUR/USD Slips Ahead of FOMC Meeting
EUR/USD declined today after the ZEW economic sentiment for Germany declined more than was expected, and the sentiment for the whole eurozone was also poor. (Event A on the chart.) At the same time, US housing data exceeded expectations. The positive fundamental indicator adds incentive for the Federal Open Market Committee to trim its monthly asset purchases on tomorrow’s monetary policy meeting. Housing starts were at the seasonally adjusted annual rate of 907k in February, […]
Read more
March 182014
UK House Prices Surge to Record, Sterling Remains Without Direction
The Great Britain pound was without clear direction yesterday and is still unsure where to go today even though domestic fundamentals were very supportive to the currency. The sterling rose against the Japanese yen, fell versus the euro and traded sideways against the US dollar. The Rightmove House Price Index climbed 1.6 percent in March. The average asking price for property reached the new record high of £255,962. The report eased worries […]
Read more