- 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 17, 2015
September 172015
Canadian Dollar Weak Against Major Peers
The Canadian dollar was weak against its major counterparts today and was not able to rally even against the extremely soft US dollar. The most likely perpetrator responsible the currency’s decline was the drop of crude oil prices. While many commodities rallied during the Thursday’s trading session, crude oil was not one of them. Prices for crude dropped and dragged the Canadian currency along with them. The Canadian economy […]
Read more
September 172015
Dollar Dips After Fed Refrains from Action
The US dollar slumped against its major peers after today’s policy announcement of the Federal Reserve. Not only the US central bank kept interest rates unchanged, but it also released a statement that was considered rather dovish by economists and market participants. The Fed said that it “is monitoring developments abroad,” likely referring to the recent crash of global stocks. The statement also revealed that policy makers […]
Read more
September 172015
New Zealand Dollar Drops as Economic Growth Disappoints
The New Zealand dollar dropped today after nation’s economic growth disappointed market participants, resulting in speculations about additional interest rate cuts from the Reserve Bank of New Zealand. New Zealand gross domestic product grew 0.4 percent in the second quarter of this year while economists were counting on at least 0.5 percent growth. Moreover, the pace of economic expansion on year-over-year basis was the slowest since the fourth quarter […]
Read more
September 172015
Swiss Franc Flat After SNB Keeps Negative Rates in Place
The Swiss franc traded sideways during the Thursday’s trading session. The currency has jumped after the Swiss central bank made a policy announcement, but the Swissie but backed off almost immediately. The Swiss National Bank kept interest rates unchanged in the negative territory and signaled that it is going to keep them at the record low level in the foreseeable future. The central bank acknowledged the impact of its policy on the Swissie: The negative interest […]
Read more
September 172015
EUR/USD Spikes as Fed Makes No Move
EUR/USD surged after the Federal Open Market Committee kept its monetary policy unchanged during today’s meeting. While the policy statement was not that different from the previous one, it was still considered rather dovish by markets. Coupled with the downward revisions to growth projections, this led to the crash of the dollar. Fed Chairperson Janet Yellen tried to show hawkishness during the press-conference, saying that an interest rate […]
Read more