- 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: February 21, 2017
February 212017
EUR/USD Slides amid Fed Tightening Talks
EUR/USD slipped today amid talks about monetary tightening from the Federal Reserve. Philadelphia Fed President Patrick Harker said today that he “would not take March off the table.” Such comments allowed the dollar to rally even though today’s US economic data was not good at all. Both indicators released by Markit failed to meet market expectations. Flash Markit manufacturing PMI fell from […]
Read more
February 212017
British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor
The British pound today struggled to find direction as it demonstrated mixed results against its main competitors such as the US dollar, the euro, and the Japanese yen. The Bank of England Governor, Mark Carney, told the UK Parliament that a smooth Brexit process could lead to a faster rate of hiking interest rates. The British pound gained against the euro and the japanese yen, but was weaker against the US dollar during the European session. […]
Read more
February 212017
British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor
The British pound today struggled to find direction as it demonstrated mixed results against its main competitors such as the US dollar, the euro, and the Japanese yen. The Bank of England Governor, Mark Carney, told the UK Parliament that a smooth Brexit process could lead to a faster rate of hiking interest rates. The British pound gained against the euro and the japanese yen, but was weaker against the US dollar during the European session. […]
Read more
February 212017
US Dollar Climbs as Comments from Fed Official Increase Expectations for Raising Rates
The US dollar rose against its major counterparts on Tuesday, after a Federal Reserve official made comments that increased US Treasury yields and supported the US Currency. Philadelphia Federal Reserve Bank President Patrick Harker said during an interview that an interest rates hike next month is still on the table. He indicated that the decision to raise rates will depend on economic releases ahead of the meeting of the Federal Open Market […]
Read more
February 212017
US Dollar Climbs as Comments from Fed Official Increase Expectations for Raising Rates
The US dollar rose against its major counterparts on Tuesday, after a Federal Reserve official made comments that increased US Treasury yields and supported the US Currency. Philadelphia Federal Reserve Bank President Patrick Harker said during an interview that an interest rates hike next month is still on the table. He indicated that the decision to raise rates will depend on economic releases ahead of the meeting of the Federal Open Market […]
Read more
February 212017
Japanese Yen Shows No Discernible Trend After Mixed Data
The Japanese yen demonstrated a mixed performance today, rising against some currencies and falling against others, after the release of macroeconomic data, which was mixed as well. On the positive side, the Nikkei Flash Japan Manufacturing Purchasing Managers’ Index climbed from 52.7 in January to 53.5 in February. Not only it was a better reading than the predicted drop to 52.1, but it was also the highest level since March 2014. […]
Read more
February 212017
Japanese Yen Shows No Discernible Trend After Mixed Data
The Japanese yen demonstrated a mixed performance today, rising against some currencies and falling against others, after the release of macroeconomic data, which was mixed as well. On the positive side, the Nikkei Flash Japan Manufacturing Purchasing Managers’ Index climbed from 52.7 in January to 53.5 in February. Not only it was a better reading than the predicted drop to 52.1, but it was also the highest level since March 2014. […]
Read more
February 212017
Aussie Falls vs. Greenback, Posts Gains vs. Other Rivals After RBA Minutes
The Australian dollar fell against its US counterpart but logged moderate gains against other most-traded rivals after the Reserve Bank of Australia released relatively upbeat minutes of the February policy meeting. The RBA was rather optimistic in its notes, mentioning positive developments in the economies of Australia’s major trading partners, including China. With that said, the minutes also stated that “developments in China continued to be one of the main […]
Read more
February 212017
Aussie Falls vs. Greenback, Posts Gains vs. Other Rivals After RBA Minutes
The Australian dollar fell against its US counterpart but logged moderate gains against other most-traded rivals after the Reserve Bank of Australia released relatively upbeat minutes of the February policy meeting. The RBA was rather optimistic in its notes, mentioning positive developments in the economies of Australia’s major trading partners, including China. With that said, the minutes also stated that “developments in China continued to be one of the main […]
Read more