- 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: October 12, 2015
October 122015
How Many Charts Do You Monitor?
A popular advice directed at newbies is to focus on a single currency pair — to learn its traits, to see how it trends, to observe its flow through trading sessions, to get used to its volatility. Staying focused on one currency pair can definitely be useful, especially if you are scalping or trading on sub-hourly timeframes. However, by limiting oneself to just one trading instrument to watch, a trader reduces the attainable profit […]
Read more
October 122015
Canadian Dollar Tracks Moves of Crude Oil
As it often happens, the Canadian dollar was following moves of crude oil. Today, this meant that the currency was rising at the first half of the trading session and was falling in the second half. Initially, crude was rising on the back of the US dollar’s weakness. Yet the commodity slumped following the Monthly Oil Market Report from the Organization of Petroleum Exporting Countries that showed that the OPEC increased its output despite the falling […]
Read more
October 122015
Dollar Remains Subdued During Quiet Trading
The US dollar remained vulnerable during thin Monday’s trading, subdued by the outlook for a delayed interest rate hike from the Federal Reserve. The greenback managed to pare its losses versus the euro but maintained decline against other majors, including the Great Britain pound and the Japanese yen. US policy makers were sending mixed signals lately. Some say that the rate lift-off is still possible this year while […]
Read more
October 122015
Euro Trades Mixed Against Majors
Euro is trading mixed against its major counterparts today, although it is mostly lower. The 19-nation currency is having the most success against the US dollar today. As expectations for a rate hike from the Federal Reserve are pushed back into 2016, the euro is gaining against the greenback. Concerns about the pace of economic growth in the United States are weighing on the dollar, and the euro is higher as a result. However, […]
Read more
October 122015
UK Pound Inches Higher as Forex Traders Look Ahead
UK pound is moving higher against its major counterparts in Forex trading today as traders await data later this week. Inflation, employment and remarks from a member of the MPC are in the works and many Forex traders are waiting on these events. Even though many expect to see a dip into negative territory for inflation, that isn’t having a huge impact on the pound right now. The dip probably won’t cause […]
Read more
October 122015
Australian Dollar Edges Higher in Thin Trading
The Australian dollar gained today, rising for the ninth straight trading session against the US dollar and the Japanese yen. Monday’s trading was thin as many important markets were closed due to holidays. The Aussie continued to move up as the weakness of the weakness of the greenback was helping risk-related currencies. Without any major news, the currency felt no need to change its trend. The current trading session is expected to be very light […]
Read more
October 122015
Yuan Firmer as PBoC Sets Daily Fixing Higher
The Chinese yuan advanced today as the nation’s central bank set the reference rate higher. Speculations about possible delay of an interest rate hike from the Federal Reserve were also helping the currency. The People’s Bank of China set the daily fixing at 6.3406 per dollar, up from the previous level of 6.3493. The currency is allowed to trade 2 percent above or below the official fix. Worries that the Fed will postpone monetary […]
Read more