- 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: November 18, 2016
November 182016
US Dollar Extends Its Weekly Rally on Fiscal Stimulus Forecasts
The US dollar climbed higher on Friday near its best level since 2003 as the greenback maintained its powerful surge against other major currencies for the second week in a row. The US currency is receiving its strength from expectations of an increased fiscal spending under Donald Trumpâs administration. Investors expect that the US President-elect will introduce economic policies that will include cuts to corporate taxes, increased government spending, […]
Read more
November 182016
US Dollar Extends Its Weekly Rally on Fiscal Stimulus Forecasts
The US dollar climbed higher on Friday near its best level since 2003 as the greenback maintained its powerful surge against other major currencies for the second week in a row. The US currency is receiving its strength from expectations of an increased fiscal spending under Donald Trumpâs administration. Investors expect that the US President-elect will introduce economic policies that will include cuts to corporate taxes, increased government spending, […]
Read more
November 182016
Canadian Dollar Firm After Inflation Data
The Canadian dollar today rose after the release of inflation data, even though some parts of the report were not that good. The loonie even managed to rebound versus the US dollar despite starting the trading session with a decline. Canada’s Consumer Price Index rose 0.2% in October from September, accelerating from the previous month’s growth of 0.1% and matching analysts’ expectations. The core CPI also rose 0.2% (not seasonally […]
Read more
November 182016
Canadian Dollar Firm After Inflation Data
The Canadian dollar today rose after the release of inflation data, even though some parts of the report were not that good. The loonie even managed to rebound versus the US dollar despite starting the trading session with a decline. Canada’s Consumer Price Index rose 0.2% in October from September, accelerating from the previous month’s growth of 0.1% and matching analysts’ expectations. The core CPI also rose 0.2% (not seasonally […]
Read more
November 182016
Great Britain Falls, Heads to Weekly Gains
The Great Britain pound fell today against its major peers, though it was heading to weekly gains against most currencies (with the exception of the very strong US dollar). The sterling continued to recover from the “flash crash” that has happened on October 7. While the currency fell sharply to new multi-year lows, it has recovered very quickly, leaving market participants puzzled and guessing about reasons for such […]
Read more
November 182016
Great Britain Falls, Heads to Weekly Gains
The Great Britain pound fell today against its major peers, though it was heading to weekly gains against most currencies (with the exception of the very strong US dollar). The sterling continued to recover from the “flash crash” that has happened on October 7. While the currency fell sharply to new multi-year lows, it has recovered very quickly, leaving market participants puzzled and guessing about reasons for such […]
Read more
November 182016
Euro Slips Against US Dollar as Draghi Supports Monetary Stimulus
The euro is set to continue its strike of losses against the US dollar on Friday, which would mark its 10th day of declines. The shared currency lost all its momentum against the greenback as Donald Trumpâs win in the presidential election was followed by a stream of positive data in the USA, at a time when the Eurozone economy remained relatively fragile. The euro lost more support today as European Central Bank President Mario Draghi […]
Read more
November 182016
Euro Slips Against US Dollar as Draghi Supports Monetary Stimulus
The euro is set to continue its strike of losses against the US dollar on Friday, which would mark its 10th day of declines. The shared currency lost all its momentum against the greenback as Donald Trumpâs win in the presidential election was followed by a stream of positive data in the USA, at a time when the Eurozone economy remained relatively fragile. The euro lost more support today as European Central Bank President Mario Draghi […]
Read more
November 182016
Turkish Lira Hits Record Low as Markets Anticipate Fed Hike
The Turkish lira fell today, hitting a record low, as the hawkish outlook for Federal Reserve’s monetary policy and the resulting strength of the US dollar led to weakness of emerging markets’ assets. Fed Chairwoman Janet Yellen testified yesterday, and markets considered her comments as a signal that an interest rate hike is coming. CME FedWatch page shows 90% probability of a hike in December. Moreover, there is a 50% change of another hike in June […]
Read more
November 182016
Turkish Lira Hits Record Low as Markets Anticipate Fed Hike
The Turkish lira fell today, hitting a record low, as the hawkish outlook for Federal Reserve’s monetary policy and the resulting strength of the US dollar led to weakness of emerging markets’ assets. Fed Chairwoman Janet Yellen testified yesterday, and markets considered her comments as a signal that an interest rate hike is coming. CME FedWatch page shows 90% probability of a hike in December. Moreover, there is a 50% change of another hike in June […]
Read more