- 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: May 21, 2015
May 212015
Euro Shows No Bias as EU Summit in Riga Concludes
The euro demonstrated no particular bias against the US dollar and the Japanese yen as traders focused on the European Union summit in Latvia. The shared 19-nation currency demonstrated sizable losses against the Great Britain pound. Market participants were hoping that the meeting of German Chancellor Angela Merkel and French President Francois Hollande in Riga would speed up a resolution of the Greek situation. Hollande said ahead of the summit: We are not going […]
Read more
May 212015
Poor Data & Fed’s Minutes Discourage Traders from Buying USD
The US dollar declined today as disappointing macroeconomic reports from the United States and the dovish stance of the Federal Reserve discouraged traders from buying the currency. The greenback was slowly regaining its footing against the euro but remained soft against other majors. Basically all Thursday’s US indicators were worse than expected, including initial jobless claims, the manufacturing index and the housing data. The notable exception was the leading index […]
Read more
May 212015
EUR/USD Struggles to Keep Upward Momentum
EUR/USD rallied today as the dollar has been weakened by yesterday’s dovish FOMC meeting minutes as well as by today’s economic reports, almost all of which were disappointing. Yet the currency pair has problems with maintaining its upward momentum and is moving down right now. Initial jobless claims demonstrated an increase from 264k to 274k last week that was a bit higher than 271k predicted by analysts. (Event […]
Read more