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Day: September 9, 2016
September 92016
Budget Forex VPS Solutions from VPSServer.com
Another VPS provider has been added to the list on EarnForex.com. It has a “very creative” name — VPSServer.com. It is a brand new service — they have launched online operations on July 26 this year. The company behind the hosting (Global Cloud Infrastructure LTD) is rather obscure. They claim to be based in Europe, but there are no real contact details: no address, no telephone number, […]
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September 92016
Dollar Strong Against Rivals After Rosengren Talks About Tightening
The US dollar was firm across the board as Eric Rosengren, Boston Fed President, added to the choir of policy makers speaking in favor of continuing monetary tightening. Rosengren said today: My personal view, based on data that we have received to date, is that a reasonable case can be made for continuing to pursue a gradual normalization of monetary policy. He added further that tightening is necessary to support the current […]
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September 92016
Economic Data Detrimental to Australian Dollar
The Australian dollar dropped today against its most-traded peers as economic data both domestic and from abroad was detrimental to the currency. China’s Consumer Price Index rose just 1.3% in August from a year ago after rising 1.8% in the previous month. The reading was far below 1.7% predicted by analysts. As for data from Australia itself, the seasonally adjusted number of home loans dropped 4.2% in July from June, far […]
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September 92016
Great Britain Pound Steady
The Great Britain pound was steady today following the release of economic indicators over the Friday’s trading session. Britain’s trade deficit narrowed by £1.2 billion to £11.8 billion in July, matching expectations. Construction output showed no growth in July — not a bad result considering that experts had anticipated the same 1% drop as in the preceding month. The survey performed by the Bank of England showed that inflation expectations ticked up to 2.2% […]
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