- 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: July 11, 2016
July 112016
Tutorial: Bitcoin Investment in Margin Lending
Many think of bitcoin as an investment and rightly so, it has grown from being worth fractions of a penny to being worth hundreds of dollars in a few short years. Price fluctuations have made it a popular commodity to trade both in the futures market and in real time. Bitcoin now easily surpasses $100 million in daily trading volume on a regular basis. This type of volume has driven a large need for liquidity in the market — essentially, […]
Read more
July 112016
Forecast for Sterling Bearish due to Outlook for BoE Decision
Things were not looking good for the Great Britain pound after the Britons had decided to the leave the European Union, and nothing has changed yet. In fact, the bearish outlook gains strength. The major event for the currency this week will the Bank of England policy meeting. Even before the Brexit, weak economic indicators were causing speculations about possible interest rate cuts. Now, as the Brexit threatens the economy of the United Kingdom (most […]
Read more
July 112016
Canadian Dollar Follows Crude Oil to Downside
The Canadian dollar fell during the current trading session, yet again following the moves of crude oil. Today, crude went down, and so did the currency. Nevertheless, the loonie managed to outperform the yen, which tumbled even harder. Prices for oil declined due to concerns about oversupply on the market. Output from the Organization of Petroleum Exporting Countries hit the 8-year high. The number of US oil rigs reported by Baker Hughes increased by 10 […]
Read more
July 112016
Pound Bounces as Theresa May Remains Single Candidate for PM
The Great Britain pound bounced during the American trading session as one of the contenders for the Prime Minister seat has exited the race, leaving just one candidate for the office. This reduced political uncertainty in the country that is getting ready for leaving the European Union. Theresa May won the race for leading the United Kingdom even before the elections as her rival, Andrea Leadsom, has ended a disastrous election campaign prematurely. Now, it […]
Read more
July 112016
Euro Continues to Struggle Following Brexit Fallout
Euro is heading lower today, dropping as fallout from the recent Brexit vote continues. Euro is down against its major counterparts, even remaining lower against the UK pound. Another issue weighing on the 19-nation currency has to do with the health of the Italian financial system. With concerns about the system, the euro is struggling. Euro is down almost across the board today, struggling as concerns about fallout […]
Read more
July 112016
Sterling Drops as Traders Brace for Easing from Bank of England
The Great Britain pound fell against the US dollar and the euro during the current trading session as market participants were betting on monetary easing from the nation’s central bank at this week’s policy meeting. The Bank of England will conduct a meeting on July 14. While previously speculators were betting on an interest rate cut in August, now they anticipate a reduction in July. Analysts predict that the main rate will be slashed […]
Read more
July 112016
Yen Drops After Elections in Japan
The Japanese yen dropped today as the landslide victory of the ruling coalition gave Prime Minister Shinzo Abe to take bolder steps for reviving economic growth. Shinzo’s Liberal Democratic Party won in the Upper House elections over the weekend. The Prime Minister ordered a new package of fiscal stimulus after the elections. Meanwhile, core machinery orders fell 1.4% in May even though economists had promised an increase. USD/JPY climbed 1.5% from […]
Read more