- 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: September 15, 2016
September 152016
Dollar Gains on Euro, Overcoming Impact of Bad Data
There was a huge number of economic reports released from the United States today, and many of them were bad. Yet that did not prevent the dollar to gain on the euro. September interest rate hike from the Federal Reserve is basically out of the picture, but plenty of traders continue to bet on monetary tightening in December. Seasonally adjusted PPI showed no change in August while forecasters had promised growth by at least […]
Read more
September 152016
CHF Gains on USD, GBP & EUR After Central Bank’s Meeting
The Swiss franc gained on some of its most-trade counterparts, including the US dollar, the euro, and the Great Britain pound, following today’s monetary policy meeting of the Swiss National Bank. The SNB announced that it is keeping interest rates stable: The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at â0.75% and the target range for the three-month Libor is unchanged […]
Read more
September 152016
Pound Somewhat Soft After BoE Policy Announcement
The Great Britain pound fell today (though the drop was limited) after the Bank of England left its monetary policy unchanged but signaled that additional stimulus remains a possibility. The BoE left its policy without change, with the Bank Rate at 0.25% and the asset-purchase program at £435 billion. The bank signaled in its statement that an additional interest rate cut is possible in the future: The Committee will assess […]
Read more
September 152016
New Zealand GDP Trails Expectations, NZ Dollar Gives Ground
The New Zealand dollar lost its footing, falling against major rivals, after the GDP report missed forecasts made by analysts. New Zealand gross domestic product rose 0.9% in the June quarter, the same as in the previous three months. While not a bad reading by itself, it failed to reach the 1.1% growth predicted by forecasters. That is not good news, especially considering that just next week the Reserve Bank […]
Read more
September 152016
Australian Dollar Remains Steady After Employment Data
The Australian dollar held steady after the surprise results provided by the employment report. The data surprised analysts, circumventing their forecasts completely. Australian employment shed 3,900 jobs in August even though experts had predicted a big increase by 15,200. At the same time, the unemployment rate ticked down to 5.6% whereas specialists had anticipated it to remain stable at 5.7%. Overall, the data did nothing to change the fact that the Aussie was […]
Read more