- 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: December 5, 2014
December 52014
US Dollar Index Continues to Climb
The US dollar index continues to climb, heading higher as better economic news remains the dominant storyline for the greenback. The latest economic news and forecast released by the Federal Reserve indicates a number of positive changes, and that is good for the US dollar as it moves against its counterparts. Recently, the Federal Reserve released information about its economic outlook, including specific news for different regions. The news is somewhat encouraging, focusing on better […]
Read more
December 52014
Aussie Dips vs. Greenback Ahead of Employment Data
The Australian dollar ticked down against the US dollar today as traders waited for US non-farm payrolls. The losses were limited, and the currency gained against the Japanese yen at the same time. Traders anticipated a positive employment report from the United States, and this helped the US currency to gain on the Australian one. Yesterday’s data about jobless claims in the USA added to the greenback’s appeal. AUD/USD did not drop far though the currency pair […]
Read more
December 52014
Yen Falls Below 120 per Dollar First Time Since 2007
The Japanese yen fell today against other most-traded counterparts. The currency fell yesterday below the 120 per dollar level for the first time since July 2007. The yen also touched the lowest level since October 2008 versus the Great Britain pound. It is widely expected that the Bank of Japan will keep its extremely lose monetary policy for a long time and may expand the stimulus program even more. […]
Read more
December 52014
Dollar Rallies After Huge NFP Figure
Today, EUR/USD sank to a new low in several years. The main reason for the drop was the release of US nonfarm payrolls. While forecasts were optimistic, even they did not predict such huge employment growth. The overwhelmingly positive employment data allowed the dollar to rally even though other reports were not particularly good. Nonfarm payrolls demonstrated huge growth by 321k in November, which was far above the consensus […]
Read more
December 52014
Canadian Dollar Turns Down
The Canadian dollar rallied on Wednesday after the Bank of Canada kept its monetary policy unchanged. The currency fell on Thursday and continued to move down during the early Friday’s session, though it did not erase its Wednesday’s gains completely. The BoC decided to keep its key interest rate at 1 percent. The central bank said in the statement that “Canada’s economy is showing signs of a broadening recovery”. Yet the bank also […]
Read more