Day: June 24, 2015

June 24
2015

Euro Rallies, Remains Under Heavy Pressure From Greek Woes

The euro rallied on Wednesday but was under heavy pressure from concerns about Greece and its debt issues. The country desperately needs to secure a bailout before money runs out, but so far no progress has been made in negotiations. Today, Greek Prime Minister Alexis Tsipras was meeting with Greece’s creditors and then with eurozone finance ministers. Tsipras proposed several reforms to improve the financial […]

Read more
June 24
2015

Greenback Mixed During Wednesday’s Trading

The US dollar was mixed during the Wednesday’s trading session. The currency fell versus the euro, gained on the Great Britain pound and was flat against the Japanese yen. Released today, data showed that US gross domestic product contracted 0.2 percent in the first quarter from the previous three months. The final revision of the report was better than the previous estimate that showed a drop by 0.7 percent. Economists do not […]

Read more
June 24
2015

Pound Gains on Dollar Ahead of US GDP Report

The Great Britain pound gained on the US dollar and was little changed against the euro today. Moves were limited as traders waited for data from the United States and the resolution of the Greek situation. A report about US gross domestic product will be released later today, and experts predict that it will show a decrease by 0.2 percent. This allowed the sterling to gain on the dollar with the added help of hopes for a positive outcome […]

Read more
June 24
2015

Yen Higher vs. Dollar, Falls vs. Euro

The Japanese yen rose against the US dollar but fell versus the euro today. The Bank of Japan released minutes of its May meeting during the current session. The minutes said: With regard to the outlook, Japan’s economy is expected to continue recovering moderately. The year-on-year rate of increase in the CPI is likely to be about 0 percent for the time being, due to the effects of the decline in energy prices. As for the monetary stimulus, they added: Quantitative […]

Read more
June 24
2015

EUR/USD Pulls Back After Earlier Gains

EUR/USD attempted to rally earlier during the current trading session but pulled back later and is trading not far from the opening level as of now. The dollar firmed against the euro after the report showed that the decline of the US economy during the first quarter of this year was negligible. Additionally, concerns about the situation in Greece continue to weaken the euro. US GDP fell 0.2% in Q1 2015, according to the third and final […]

Read more
June 24
2015

Mobile Applications for Binary Options Trading: User’s Test

The following post is a paid advertisement. The content was provided by the advertiser. High earnings cannot guarantee wealth. It is not enough to earn money — one also needs to know how to preserve and multiply it. While lots of people know how to earn, investments seem to be a more challenging task. To this day, people are still ready to invest in pyramids, which promise profits above 100%. Then […]

Read more