- 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: March 6, 2017
March 62017
US Dollar Bounces as Traders Continue to Anticipate Fed Hike
The US dollar rose on Monday as expectations of March interest rate hike from the Federal Reserve allowed the currency to bounce after Friday’s profit-taking sell-off. The Fed will conduct its two-day policy meeting next week and will announce the decision on March 15. Currently, the probability of March hike shown by CME FedWatch is at 86.4%, up from 79.7% a day before. Additionally, traders wait for February US nonfarm payrolls released […]
Read more
March 62017
EUR/USD Rallies Briefly, Later Retraces Gains as Uncertainty Plagues the Eurozone
The EUR/USD currency pair rallied briefly during the early European session despite the announcement by former French premier, Alain Juppe, that he won’t run for president. The currency pair’s rally was also supported by the weaker US dollar, but the greenback later rallied higher. The currency pair’s brief rally occurred around 8:00 GMT after which the currency pair retraced all its gains as news emerged that Greece’s economy had contracted […]
Read more
March 62017
Australian Dollar Ignores China’s Growth Target Revision
The Australian dollar gained today even though news from China, Australia’s biggest trading partner, was not supportive. Perhaps, the currency gained support from positive domestic fundamentals. China’s Premier Li Keqiang said that the target for economic growth this year was cut down to 6.5% this year, down from the range of 6.5%-7.0% last year. The nation’s economy grew 6.7% in 2016 — the slowest pace in 26 […]
Read more
March 62017
Yen Strengthens After North Korean Missile Launch
The Japanese yen was almost flat versus the US dollar and gained on its other most-traded rivals after North Korean missile launch increased geopolitical tensions. South Korean military sources reported that North Korea launched several missiles into the sea northwest of Japan’s coast. That triggered angry objections form Japan and South Korea. Several other countries also voiced concern about the event. The yen tends […]
Read more