- 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: August 20, 2014
August 202014
FOMC Minutes Lead to Massive Gains for Dollar
The US dollar jumped today, rising to the highest level since April against the Great Britain pound and the Japanese yen, while also touching the strongest price in almost a year versus the euro. The reason for the stellar performance was the minutes of the latest Federal Reserve policy meeting. The minutes of the meeting, which has happened at the end of July, turned out to be very bullish. The lines that caught traders’ attention were: With respect to monetary […]
Read more
August 202014
BoE Minutes Contribute to Pound’s Strength
Monetary policy minutes of the latest Bank of England meeting revealed that two policy makers were in favor of raising interest rates. This caused the Great Britain pound to gain against its major counterparts. According to the minutes, two members of the Monetary Policy Committee voted for an interest rate hike during this month’s BoE meeting. It was a surprise as most analysts believed that the vote would be unanimous as it […]
Read more
August 202014
US Housing Market Leads to Gain of USD/KRW
The South Korean won dropped against the US dollar today, demonstrating the biggest decline in two weeks, as positive housing data from the United States bolstered the greenback. Yesterday’s data on housing starts and building permits in the USA brought the dollar higher, driving riskier currencies of emerging markets down at the same time. Sometimes good economic news from America helps the risk sentiment, but nowadays signs of US economic growth associated […]
Read more
August 202014
FOMC Minutes — Another Reason for Dollar to Rally
The Federal Open Market Committee released the minutes of its latest policy meeting today. They revealed that US policy makers are considering raising interest rates earlier than was previously planned. It is just another reason for the dollar to keep the rally, following yesterday’s housing data, and EUR/USD declined, reaching the lowest level in a year. US crude oil inventories decreased by 4.5 million barrels last week, […]
Read more