- 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 28, 2016
October 282016
US Dollar Gets No Boost from US Economic Data
The US dollar traded below the opening level against other most-traded currencies as mixed economic data from the United States provided no boost for the currency that is struggling to maintain its upward momentum. The most important US economic reports should have been gross domestic product data, but it actually did not draw attention from markets despite showing faster-than-expected growth of the US economy. On the other […]
Read more
October 282016
US Dollar Gets No Boost from US Economic Data
The US dollar traded below the opening level against other most-traded currencies as mixed economic data from the United States provided no boost for the currency that is struggling to maintain its upward momentum. The most important US economic reports should have been gross domestic product data, but it actually did not draw attention from markets despite showing faster-than-expected growth of the US economy. On the other […]
Read more
October 282016
EUR/USD Up After US Consumer Sentiment Disappoints, Ignores GDP
The dollar traded mostly flat today, though it fell against some most-traded currencies. So happens, the euro was one of them. The better-than-expected US gross domestic product figure did not halt the rally of EUR/USD for long while the worse-than-expected US consumer sentiment boosted the currency pair. US GDP rose 2.9% in Q3 2016 according to the preliminary figure (the first of the three estimates) after increasing 1.4% in Q2. The analysts’ […]
Read more
October 282016
Sterling Soft After Northern Ireland Court Decision
The Great Britain pound rose against the US dollar but fell against most other currencies today as the threat of the Brexit continued to undermine the currency’s appeal to Forex traders. The big news of the day was the decision of Northern Ireland’s High Court that British government can initiate the Brexit without consent from the parliament. The matter is not over as the High Court in London is yet to make its decision as today’s verdict […]
Read more
October 282016
Sterling Soft After Northern Ireland Court Decision
The Great Britain pound rose against the US dollar but fell against most other currencies today as the threat of the Brexit continued to undermine the currency’s appeal to Forex traders. The big news of the day was the decision of Northern Ireland’s High Court that British government can initiate the Brexit without consent from the parliament. The matter is not over as the High Court in London is yet to make its decision as today’s verdict […]
Read more
October 282016
Economic Data from Australia Sends Aussie Lower
The Australian dollar fell today as economic reports released from Australia during the current trading session were not particularly good, making them detrimental to the currency. The Producer Price Index rose 0.3% in the September quarter from the previous three months. While it was a bigger increase than 0.1% during the June quarter, it was two times smaller than the median forecast of 0.6% growth. Housing Industry Association […]
Read more
October 282016
Economic Data from Australia Sends Aussie Lower
The Australian dollar fell today as economic reports released from Australia during the current trading session were not particularly good, making them detrimental to the currency. The Producer Price Index rose 0.3% in the September quarter from the previous three months. While it was a bigger increase than 0.1% during the June quarter, it was two times smaller than the median forecast of 0.6% growth. Housing Industry Association […]
Read more
October 282016
Yen Flat After Bunch of Economic Reports from Japan
The Japanese yen was flat against most of its major rivals during the current trading session after a bunch of macroeconomic data was released from Japan today. Arguably the most important of reports released today were consumer spending and inflation data. While both consumer expenditure and the core Consumer Price Index (both for Tokyo and for the whole Japan) fell, the drop was not as big as analysts had predicted. Still, the data […]
Read more
October 282016
Yen Flat After Bunch of Economic Reports from Japan
The Japanese yen was flat against most of its major rivals during the current trading session after a bunch of macroeconomic data was released from Japan today. Arguably the most important of reports released today were consumer spending and inflation data. While both consumer expenditure and the core Consumer Price Index (both for Tokyo and for the whole Japan) fell, the drop was not as big as analysts had predicted. Still, the data […]
Read more