- 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: June 20, 2014
June 202014
CAD Shoots to Upside on Back of Positive Data
The Canadian dollar surged today with a help of positive macroeconomic data, including the Consumer Price Index that was higher than forecasts and above the central bank’s target. The currency jumped to the highest level since January. Canada’s CPI rose 0.5 percent in May from the previous month (not seasonally adjusted), while analysts predicted 0.2 percent growth. Year-on-year, the index was up 2.3 percent, exceeding the Bank of Canada […]
Read more
June 202014
US Dollar Recovers Ground Lost After Federal Reserve Announcement
US dollar is mostly higher today, gaining ground in the wake of losses following Wednesday’s Federal Reserve announcement. The greenback has recovered some of its losses, particularly against the euro, which it has sent back below the 1.3600 mark. US dollar is up pretty much across the board, thanks to some reflection by Forex traders, and a closer look at economic fundamentals. The greenback took a bit of a beating after Fed […]
Read more
June 202014
Investors Flee South Korean Stocks, Won Drops
The South Korean won dropped today on signs that overseas investors were pulling their money from the nation’s economy. The drop should be welcomed by South Korean policy makers, who were not particularly happy with the strength of the currency, though talks about a potential intervention still persist. The exchange data showed that global funds sold $443 million more South Korea’s shares than they bought. […]
Read more
June 202014
Rupee & Rupiah Continue to Fall on Conflict in Iraq
Asian currencies declined today as the conflict in Iraq kept driving prices for crude oil higher, endangering economies of emerging markets. The Indian rupee and the Indonesian rupiah led the decline. Clashes between the government military and Islamist militants threaten to disrupt oil supply, and this pushed prices for crude higher. High energy prices will likely have an adverse impact on emerging economies, especially on those with a negative trade balances. Both India […]
Read more