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Day: January 20, 2015
January 202015
Euro drops on ECB bond purchase expectations
Euro continues to lose ground against the dollar and the pound as expectations of a bond purchase program become stronger. Many expect more quantitative easing from the European Central Bank, and that is weighing on the 19-nation currency. The eurozone economy remains on the brink of recession, and policymakers are trying to do whatever they can to combat deflation. As a result, the euro keeps heading lower. The next move from the ECB is likely to be a bond purchase […]
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January 202015
New Zealand Dollar Falls Despite Supportive Domestic Data
The New Zealand dollar went down today even though domestic macroeconomic data was positive for the currency. It was the third consecutive daily decline against the US dollar. New Zealand Institute of Economic Research reported that its business confidence index rose from 19 in the third quarter of 2014 to 23 in the fourth quarter. Unlike the Australian dollar, the New Zealand currency was unable to benefit from positive data. […]
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January 202015
Aussie Bounces with Help of Data from China
The Australian dollar fell against its US counterpart earlier today but bounced later with the help of positive economic data from China. The Aussie also rallied versus the Japanese yen. The National Bureau of Statistics of China reported that gross domestic product expanded 7.3 percent in the fourth quarter of 2014 from a year ago, at the same rate as in the previous three months. While some analysts considered the result disappointing, it […]
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January 202015
New Forex VPS with Multiple Server Locations — WINNERvps
WINNERvps has been launched back in 2011 under a brand name ServerKeren. From 2013 onwards, it is known as WINNERvps. The company offers multiple VPS hosting plans and several operational system choices. They claim to be catering to retail Forex traders, but I could not find any features that would be aimed at FX traders specifically. Here are some of their features: Hosting plans start […]
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