- 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: September 10, 2015
September 102015
US Dollar Index Pulls Back as Euro Gains Ground
US dollar is pulling back today, now that the euro is gaining ground. Greenback is mostly lower against its major counterparts, and the weighting in the basket of currencies that make up the dollar index is bringing the US currency lower. The US dollar index is heading lower today, thanks in large part to a recovery from the euro. The 19-nation currency was lower earlier but is now gaining against […]
Read more
September 102015
Pound Gains on Bank of England Rate Hike Talk
Pound is heading higher today, thanks in large part to the latest talk of a rate hike from the Bank of England. Even though the latest manufacturing data was a bit weak, expectations that the BOE will need to raise rates soon is helping sterling against its major counterparts. Sterling is a bit higher today as speculation about a Bank of England rate hike continues. Policymakers remain mostly unshaken by concerns […]
Read more
September 102015
Employment Data Rescues Australian Dollar
The Australian dollar rallied today on the back of Australia’s positive employment data, reversing the earlier decline that was threatening to bring the currency back to its multi-year lows. The seasonally adjusted estimate of Australian employment increased by 17,400 in August from the previous month — more than 3 times the forecast growth. The unemployment rate ticked down by 0.1 point to 6.2 percent, but this could be attributed to the lower participation rate. […]
Read more
September 102015
New Zealand Dollar Backs Off After RBNZ Cuts Rates
The New Zealand dollar slumped today, reversing yesterday’s gains. New Zealand’s central bank performed an interest rate cut overnight and signaled that additional cuts are likely. The Reserve Bank of New Zealand cuts its main interest rates by 25 basis points to 2.75 percent today. Analysts were expecting such move, and the real downer was the very dovish statement that accompanied the decision. The central bank revised […]
Read more
September 102015
EUR/USD Logs Gains After Mixed US Reports
EUR/USD, which was slowly crawling up during this week, logged noticeable gains today as US macroeconomic data turned out to be mixed. It fueled speculations that the Federal Reserve is not going to raise interest rates during the next week’s policy meeting. Initial jobless claims were at the seasonally adjusted level of 275k last week. It was below the forecast of 279k and the previous week’s revised […]
Read more