- 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 9, 2016
December 92016
Euro Extends Decline for Another Session
The euro extended its decline for the second day during the Friday’s trading session following Thursday’s policy meeting of the European Central Bank. The currency still managed to beat the very soft Japanese yen but fell against other most-traded rivals. Yesterday, the ECB announced that it reduces the size of asset purchases but postpones the planned end of the asset-purchase program from March 2017 to December 2017. Markets considered the net result […]
Read more
December 92016
Euro Extends Decline for Another Session
The euro extended its decline for the second day during the Friday’s trading session following Thursday’s policy meeting of the European Central Bank. The currency still managed to beat the very soft Japanese yen but fell against other most-traded rivals. Yesterday, the ECB announced that it reduces the size of asset purchases but postpones the planned end of the asset-purchase program from March 2017 to December 2017. Markets considered the net result […]
Read more
December 92016
US Dollar Maintain Its Gains Before Federal Reserve’s Meeting
The dollar edged higher against the euro and the Japanese yen on Friday. Investors speculated that the US currency will continue strengthening next week due to an anticipated monetary policy decision from the Federal Reserve. The dollarâs steady climb today followed a sharp gain on Thursday that resulted from the European Central Bankâs announcement that it will be reducing the value of its quantitative easing program from April. However, it […]
Read more
December 92016
US Dollar Maintain Its Gains Before Federal Reserve’s Meeting
The dollar edged higher against the euro and the Japanese yen on Friday. Investors speculated that the US currency will continue strengthening next week due to an anticipated monetary policy decision from the Federal Reserve. The dollarâs steady climb today followed a sharp gain on Thursday that resulted from the European Central Bankâs announcement that it will be reducing the value of its quantitative easing program from April. However, it […]
Read more
December 92016
Sell-Off of EUR/USD Continues
Sell-off of EUR/USD that has started yesterday continued today. While the currency pair attempted to halt the decline intraday, it has resumed the downfall by now. Yesterday, the European Central Bank announced changes to its quantitative easing program. The bank trimmed the size of asset purchases but extended the program till the end of the next year. On the whole, the changes led to extension of the QE, not tapering, therefore they had very negative impact […]
Read more
December 92016
Australian Dollar Stages Bounce After China’s Data
The Australian dollar rallied today after diving intraday. The currency managed to stage a bounce after China’s economic data surprised economists pleasantly. The National Bureau of Statistics of China reported that the Consumer Price Index rose 2.3% in November from a year ago, a bit more than analysts had predicted (2.2%). The Producer Price Index was up 3.3% whereas the median forecast was also at 2.2%. Australia, being the trading […]
Read more
December 92016
Australian Dollar Stages Bounce After China’s Data
The Australian dollar rallied today after diving intraday. The currency managed to stage a bounce after China’s economic data surprised economists pleasantly. The National Bureau of Statistics of China reported that the Consumer Price Index rose 2.3% in November from a year ago, a bit more than analysts had predicted (2.2%). The Producer Price Index was up 3.3% whereas the median forecast was also at 2.2%. Australia, being the trading […]
Read more
December 92016
Japanese Yen Drops amid Rally of Global Stocks
The Japanese yen dropped against other most-traded currencies (even the euro that dropped sharply yesterday) as the rally of global stocks limited demand for safety provided by the Japanese currency. Shares around the world rallied after the European Central Bank announced yesterday prolongation of its quantitative easing. As a result, speculators showed little interest in buying safe haven assets, like the yen. The fall of the currency was not big, though, as markets felt […]
Read more
December 92016
Japanese Yen Drops amid Rally of Global Stocks
The Japanese yen dropped against other most-traded currencies (even the euro that dropped sharply yesterday) as the rally of global stocks limited demand for safety provided by the Japanese currency. Shares around the world rallied after the European Central Bank announced yesterday prolongation of its quantitative easing. As a result, speculators showed little interest in buying safe haven assets, like the yen. The fall of the currency was not big, though, as markets felt […]
Read more