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Day: March 26, 2015
March 262015
Euro Loses Weekly Gains
The euro sank today, losing most of its weekly gains versus the US dollar and erasing the weekly rally against the Japanese yen completely. The currency fell even though macroeconomic news from Germany was positive. The GfK German Consumer Climate rose from 9.7 in March to 10.0 in April while economists have though that the gauge would stay little changed. The Ifo Business Climate Index for Germany rose from […]
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March 262015
Dollar Attempts Recovery
The US dollar is attempting to stage a recovery during the Thursday’s trading session. For a change, news from the United States was positive, allowing the currency to regain some of its strength. The dollar has been subdued recently and it looked like the currency is going to extend its losses today. Yet several positive events helped the currency to bounce against major rivals. On the data front, the unexpected drop of unemployment claims last […]
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March 262015
NZ Dollar Endangered by US Data & Market Sentiment
The New Zealand dollar attempted to rally against its US counterpart and to trim its earlier losses versus the Japanese yen. The currency will likely have problems in achieving those goals due the unexpectedly good unemployment data from the United States and the risk aversion caused by geopolitical tensions in the Middle East. The kiwi’s performance was very similar to that of the UK pound as the currency was rising against the US dollar and attempted to bounce […]
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March 262015
Pound Rallies vs. Dollar, Unable to Beat Other Currencies
The Great Britain pound rallied against the US dollar today as UK retail sales exceeded analysts’ expectations. The sterling’s performance against other currencies was not so good, and Britain’s currency touched the lowest level in almost two months against the Japanese yen. The Office for National Statistics reported that retail sales were up 0.7 percent in February from the previous month. The increase was bigger than the forecast 0.4 […]
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March 262015
Loonie Surges Along With Oil
Canadian dollar is heading higher today, thanks to a surge in oil prices. Crude is on the rise after the Saudi strikes in Yemen, and that is helping the loonie against its major counterparts. Loonie is heading higher against most of the major currencies today as oil prices surge. Saudi Arabian strikes into an unstable Yemen are threatening oil supply from the Middle East, and that has finally arrested the slide […]
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March 262015
Interview with Stanislav Vaneev, CEO of Grand Capital
Following five months without interviews of the important people in the Forex industry, I finally present you with an interview with Stanislav Vaneev — the chief executive officer of Grand Capital Forex company. It is listed on EarnForex.com since 2011, but they did not start to expand much into the English-speaking markets before recent times. Here are some of the questions about the company and the online FX industry: How did Grand […]
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