- 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: December 1, 2016
December 12016
Dollar Sinks as Traders Take Profit
The US dollar dropped against other most-traded currencies today as traders were taking profits at the start of the new month that followed November, which was a very good month for the US currency. The US dollar has started a rally in the first half of November, and the currency accelerated its move to the upside after November 9 when Donald Trump won the presidential race. Now, traders are locking in profits following the impressive rally. […]
Read more
December 12016
Dollar Sinks as Traders Take Profit
The US dollar dropped against other most-traded currencies today as traders were taking profits at the start of the new month that followed November, which was a very good month for the US currency. The US dollar has started a rally in the first half of November, and the currency accelerated its move to the upside after November 9 when Donald Trump won the presidential race. Now, traders are locking in profits following the impressive rally. […]
Read more
December 12016
Canadian Dollar Continues to Receive Support from Skyrocketing Oil Prices
The Canadian dollar continued to rally against its major rivals today, demonstrating especially big gains against the weak US dollar, as the OPEC oil production cut propelled oil prices higher. Yesterday’s deal to reduce oil output achieved by members of the Organization of Petroleum Exporting Countries led to a sharp rise of prices for crude. Many skeptics did not believe that such an accord could be achieved, yet not only […]
Read more
December 12016
Canadian Dollar Continues to Receive Support from Skyrocketing Oil Prices
The Canadian dollar continued to rally against its major rivals today, demonstrating especially big gains against the weak US dollar, as the OPEC oil production cut propelled oil prices higher. Yesterday’s deal to reduce oil output achieved by members of the Organization of Petroleum Exporting Countries led to a sharp rise of prices for crude. Many skeptics did not believe that such an accord could be achieved, yet not only […]
Read more
December 12016
EUR/USD Manages to Rally Despite Mostly Positive Economic Data from USA
US economic data released today was good for the most part, with the exception of unexpectedly rising jobless claims. Yet that did not help the dollar to hold its ground versus the euro. EUR/USD was rising during the current trading session, and while the currency pair pulled back intraday, it managed to stage a rebound. Now, traders wait for tomorrow’s nonfarm payrolls — the most important report ahead of Federal Reserve’s […]
Read more
December 12016
British Pound Climbs Higher on Possible Single Market Access
The British pound traded at its strongest level against the euro since September 6 on Thursday. The sterling received a positive lift from news of possible budget contributions that the United Kingdom might be willing to offer the European Union to keep its access to the single market. In a statement that was made earlier today, Secretary of State David Davis said that the UK is willing to support the budget of the European Union in exchange […]
Read more
December 12016
British Pound Climbs Higher on Possible Single Market Access
The British pound traded at its strongest level against the euro since September 6 on Thursday. The sterling received a positive lift from news of possible budget contributions that the United Kingdom might be willing to offer the European Union to keep its access to the single market. In a statement that was made earlier today, Secretary of State David Davis said that the UK is willing to support the budget of the European Union in exchange […]
Read more
December 12016
Australian Dollar Unable to Maintain Upward Momentum
The Australian dollar failed to maintain its rally despite relatively supportive macroeconomic data, both domestic and overseas. The Australian currency demonstrated the performance which was rather similar to that of its New Zealand counterpart — an attempt to rally intraday, but a failure to maintain gains. As for economic reports from Australia, they were rather good, with the exception of private capital expenditure that showed a 4% drop in the third quarter of this year […]
Read more
December 12016
Australian Dollar Unable to Maintain Upward Momentum
The Australian dollar failed to maintain its rally despite relatively supportive macroeconomic data, both domestic and overseas. The Australian currency demonstrated the performance which was rather similar to that of its New Zealand counterpart — an attempt to rally intraday, but a failure to maintain gains. As for economic reports from Australia, they were rather good, with the exception of private capital expenditure that showed a 4% drop in the third quarter of this year […]
Read more
December 12016
New Zealand Dollar Fails to Rally Despite Data from China
The New Zealand dollar slipped against most major currencies today (though not against the US dollar) as relatively positive data released from China failed to bolster the currency of its trading partner. China’s official data showed that manufacturing Purchasing Managers’ Index rose from 51.2 to 51.7 in November, exceeding market expectations and demonstrating the second month of increase. Meanwhile, the private Caixin report showed a small drop to 50.9 […]
Read more