- 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: November 12, 2014
November 122014
EUR Loses to USD & JPY, Gains on GBP
The euro declined today against the US dollar and the Japanese yen as concerns about the struggling European economy continued to hurt the currency. At the same time, the euro managed to gain on the Great Britain pound. Wednesday’s economic data from Europe was mixed. Seasonally adjusted industrial production grew 0.6 percent in October from the previous month (both in the European Union and the eurozone). On the other hand, German wholesale prices fell 0.7 percent last […]
Read more
November 122014
Pound Sinks as UK Growth Loses Momentum
The Great Britain pound sank today after the Bank of England predicted that economic growth and inflation will decelerate in the near future. UK employment data turned out be worse than analysts have expected, adding to pressure on the sterling. The BoE released quarterly Inflation Report today, and it was not particularly optimistic. The report said: Growth is projected to be a little weaker than in August. It slows slightly […]
Read more
November 122014
Real Falls as Rousseff Wants to Ease Fiscal Rules, Recovers
The Brazilian real gained today after the earlier decline. The currency fell earlier as President Dilma Rousseff wanted to ease fiscal rules. Such measure will reduce the budget deficit that reached the highest level in more than a decade. Rousseff submitted a bill, which will allow to discount bigger amount from this year’s primary budget. If Congress passes the legislation, the government will be able to reach the budget target […]
Read more
November 122014
US Dollar Maintains a Firm Undertone
Even with a bit of selling off earlier, the US dollar maintains a firm undertone in currency trading today. Even though the dollar is down a bit against the yen, it is higher against its European counterparts, and the dollar index is gaining ground. US dollar is trading mixed today, but it is higher against its European counterparts, the pound and the euro. Greenback is down against the yen, […]
Read more
November 122014
NZ Dollar Higher After Financial Stability Report
The New Zealand dollar advanced today as a report from the Reserve Bank of New Zealand revealed that the nation’s financial system is stable and is able to withstand negative events. The currency rallied against its major peers, including the Japanese yen, which was attempting to hold ground but failed. The RBNZ released its Financial Stability Report at the end of the previous trading session. The central bank said in the report: The New Zealand […]
Read more
November 122014
Yen Gains on Stimulus Exit Talks
The Japanese yen was rising during the Asian trading session today, though the currency retreated closer to the opening level as of now. The rally was triggered by comments from members of the central bank about potential timing for dropping monetary stimulus. Bank of Japan board member Ryuzo Miyao said today that the bank may end its extremely accommodative monetary policy in the second half of 2015. Such outlook counts on inflation staying […]
Read more