- 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 13, 2017
March 132017
Will FOMC Raise Interest Rate in March 2017?
When the Federal Reserve hiked the interest rate in December last year, it was hardly a surprise for anyone. I even decided not to post a poll due to an extremely low probability of any other outcome to that Federal Open Market Committee meeting. No one expected a rate increase during the January meeting (and there was none). However, the next meeting, which is scheduled for March 14–15 (with rate announcement at 18:00 […]
Read more
March 132017
EUR/USD Rally Reverses as Political Uncertainty in the Eurozone Intensifies
The EUR/USD currency pair hit a bump in its rally from Friday last week as the US dollar demonstrated weakness after the release of the non-farm payroll report. The upcoming Dutch general election scheduled for Wednesday has heightened the political risk in the Eurozone as Geert Wilders, a far-right politician, is likely to win. The currency pair had declined by over 50 points from its daily high due to the political uncertainty in Europe that has […]
Read more
March 132017
EUR/USD Rally Reverses as Political Uncertainty in the Eurozone Intensifies
The EUR/USD currency pair hit a bump in its rally from Friday last week as the US dollar demonstrated weakness after the release of the non-farm payroll report. The upcoming Dutch general election scheduled for Wednesday has heightened the political risk in the Eurozone as Geert Wilders, a far-right politician, is likely to win. The currency pair had declined by over 50 points from its daily high due to the political uncertainty in Europe that has […]
Read more
March 132017
Great Britain Pound Rallies During Monday’s Session
The Great Britain pound rallied during Monday’s trading session as traders were waiting for the news about the Brexit as well as the Bank of England and the Federal Reserve’s policy decisions scheduled to be announced later this week. The sterling was firm amid speculations that Article 50 may be triggered as soon as this week. The BoE will announce its decision regarding monetary policy on Thursday, though market analysts believe that […]
Read more
March 132017
Great Britain Pound Rallies During Monday’s Session
The Great Britain pound rallied during Monday’s trading session as traders were waiting for the news about the Brexit as well as the Bank of England and the Federal Reserve’s policy decisions scheduled to be announced later this week. The sterling was firm amid speculations that Article 50 may be triggered as soon as this week. The BoE will announce its decision regarding monetary policy on Thursday, though market analysts believe that […]
Read more
March 132017
Japanese Yen Firm Despite Economic Data
The Japanese yen was firm today even though economic reports released from Japan on Monday were not particularly supportive, especially core machinery orders. The Producer Price Index rose 1.0% in February from a year ago after increasing 0.5% in January. It was in line with expectations, though economists claimed that the rate of growth remains unimpressive. But the really nasty surprise came from core machinery […]
Read more
March 132017
Japanese Yen Firm Despite Economic Data
The Japanese yen was firm today even though economic reports released from Japan on Monday were not particularly supportive, especially core machinery orders. The Producer Price Index rose 1.0% in February from a year ago after increasing 0.5% in January. It was in line with expectations, though economists claimed that the rate of growth remains unimpressive. But the really nasty surprise came from core machinery […]
Read more