- 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 27, 2015
October 272015
EUR/USD Flat, Waiting for FOMC Decision
EUR/USD was flat today as traders were reluctant to act ahead of tomorrow’s policy announcement from the Federal Reserve. The vast majority of analysts expect no change to the policy, but they hope that the Fed will hint whether it is going to act in December. Today’s data from the United State was mixed, offering little in helping the currency pair to determine its bias. Durable goods orders fell 1.2% […]
Read more
October 272015
Sterling Slides as Britain’s Growth Loses Momentum
The Great Britain pound fell today against its other major peers as Britain’s economic growth in the third quarter of this year was disappointing, reducing chances for an interest rate hike in the near future. Office for National Statistics reported that the UK economy grew 0.5 percent in the September quarter from the previous three months. This is compared to the prior quarter’s growth of 0.7 percent and the increase of 0.6 percent forecast by economists. […]
Read more
October 272015
US Dollar Index Moves Higher, But Remains Rangebound
US dollar index is moving higher, but it remains rangebound today ahead of tomorrow’s Federal Reserve announcement. After dipping lower in earlier trading, the dollar index is gaining ground, and the US dollar has regained the upper hand against the euro. Even though the economic data coming out of the United States is a little disappointing, the dollar index is still heading a bit higher today. Indeed, after […]
Read more
October 272015
Euro Mostly Steady in Forex Trading
Euro is mostly steady today in Forex trading, as many currencies await tomorrow’s policy announcement from the Federal Reserve. Without major data releases for the eurozone today, it’s more about waiting and seeing what’s next with US policy. Last week was a big week for the euro. The 19-nation currency was hammered after the ECB policy announcement and remarks by Mario Draghi that more stimulus could be on the way. […]
Read more
October 272015
CAD Little Changed vs. USD Falls vs. Other Majors
The Canadian dollar was flat against its US counterpart on Monday and remained little changed during Tuesday’s trading. The loonie was falling against other majors, including the euro and the Japanese yen. Unlike some other commodity currencies, the Canadian dollar did not get much help from China’s stimulus. The reason for the underperformance was the drop of crude oil — the key commodity for Canada. Movement of the loonie strongly correlates with […]
Read more