- 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: June 1, 2016
June 12016
EUR/USD Rallies, Struggles to Move Even Higher
EUR/USD was rising today and as of now is struggling to move even higher. US data released over the trading session was mixed, with manufacturing indicators being pretty good while construction spending being far worse than forecasts. Seasonally adjusted Markit manufacturing PMI fell just marginally from 50.8 in April to 50.7 in May according to the final version of the report. Experts had predicted the index to remain at its […]
Read more
June 12016
Swiss Franc Unfazed by Bad Economic Data
Switzerland’s economic data released over Wednesday was rather disappointing. It did not prevent the Swiss franc from gaining on the US dollar and the euro, though the latter is trying to fight back. Switzerland real gross domestic product rose 0.1% in the first quarter of 2016 from the previous three months while analysts had predicted an increase by 0.3%. Retail sales demonstrated a drop by 2.4% in April from a year ago […]
Read more
June 12016
Aussie Gains on Positive GDP Report, Has Troubles Keeping Gains
The Australian dollar rallied against its major peers today with the help of surprisingly good GDP data. Other reports from Australia and its biggest trading partner, China, were not as good, making the Aussie lose some of the gains against the US dollar and retreat below the opening level versus the euro and the Japanese yen. Australia’s seasonally adjusted gross domestic product rose as much as 1.1% in the March quarter from the previous […]
Read more
June 12016
Yen Bolstered, Thanks to Better Economic Data
Japanese economic data came in better than expected, and that is providing a boost for the yen against its major counterparts. Yen is heading higher on the better than expected reports coming out of Japan. Japanese yen got a boost today after the numbers reporting Japanese Capital Spending were released. There was a year over year gain of 4.2 per cent, handily beating the forecasted 1.9 per cent. […]
Read more
June 12016
Renewed Brexit Fears Send UK Pound Lower
UK pound is crashing as renewed fears of a Brexit from the European Union surface. Positive economic data is being ignored as Forex traders evaluate what would happen if the United Kingdom left the European Union. The latest PMI reading from Markit indicates that the UK economy is seeing some improvement. However, the focus isn’t on that improvement right now. Instead, more traders and analysts are concerned […]
Read more