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Day: April 3, 2017
April 32017
US Dollar Declines Against Yen on Uncertainty Surrounding Congressional Support for Trump
The US dollar declined against the Japanese yen on Monday as investors worried that President Donald Trump might not have enough support in Congress to fulfill his economic agenda. Todayâs concerns came after Democrats managed to gather enough support to block a US Senate confirmation vote for Neil Gorsuch, Trumpâs nominee for Supreme Court. The new political development added to worries that were raised when Trump and House Speaker […]
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April 32017
US Dollar Declines Against Yen on Uncertainty Surrounding Congressional Support for Trump
The US dollar declined against the Japanese yen on Monday as investors worried that President Donald Trump might not have enough support in Congress to fulfill his economic agenda. Todayâs concerns came after Democrats managed to gather enough support to block a US Senate confirmation vote for Neil Gorsuch, Trumpâs nominee for Supreme Court. The new political development added to worries that were raised when Trump and House Speaker […]
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April 32017
Mobile Applications for Binary Options Trading: Case Study
The following post is a paid advertisement. The content was provided by the advertiser. High earnings cannot guarantee wealth. It is not enough to earn money â one also needs to know how to preserve and multiply it. While lots of people know how to earn, investments seem to be a more challenging task. To this day, people are still ready to invest in pyramids, which promise profits above 100%. Then […]
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April 32017
EUR/USD Flat on Monday
EUR/USD was almost flat on Monday even as ECB chief economist Peter Praet signaled in an interview that additional monetary accommodation is unlikely. On top of that, growth of US manufacturing sector slowed last month, but even that did not boost the currency pair considerably. The possible reason for that is concern among investors about the economic and political situation in Europe. Markit manufacturing PMI fell from 54.2 […]
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April 32017
USD/CAD Declines Briefly After Release of BoC’s Business Outlook Survey
The USD/CAD currency pair today declined briefly after the Bank of Canada released the Spring 2017 results of its Business Outlook Survey, which indicated a positive economic sentiment among the business community. Despite this brief rally, the currency pair continued on an upward trend as the US dollar proved much stronger against the loonie given the weaker crude oil prices. The currency pair declined briefly after the release before resuming its […]
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April 32017
USD/CAD Declines Briefly After Release of BoC’s Business Outlook Survey
The USD/CAD currency pair today declined briefly after the Bank of Canada released the Spring 2017 results of its Business Outlook Survey, which indicated a positive economic sentiment among the business community. Despite this brief rally, the currency pair continued on an upward trend as the US dollar proved much stronger against the loonie given the weaker crude oil prices. The currency pair declined briefly after the release before resuming its […]
Read more
April 32017
Yen Flat After Tankan Survey
The Japanese yen was mostly flat today after the release of the Tankan survey that showed improvement in both manufacturing and non-manufacturing sectors for large enterprises. The manufacturing index rose from 10 in the December quarter to 12 in the March quarter, missing analysts expectations of 14. The non-manufacturing index increased from 18 to 20, exceeding the median forecast of 19. Overall though, economists were not impressed with the data and did not consider it […]
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April 32017
Yen Flat After Tankan Survey
The Japanese yen was mostly flat today after the release of the Tankan survey that showed improvement in both manufacturing and non-manufacturing sectors for large enterprises. The manufacturing index rose from 10 in the December quarter to 12 in the March quarter, missing analysts expectations of 14. The non-manufacturing index increased from 18 to 20, exceeding the median forecast of 19. Overall though, economists were not impressed with the data and did not consider it […]
Read more
April 32017
Aussie Starts Week Soft due to Macroeconomic Data
The Australian dollar has started this trading week with losses due to poor macroeconomic data, both domestic and overseas. The major perpetrator in the Aussie’s fall was the retail sales report that showed unexpected drop by 0.1% in February from January while experts had predicted an increase by 0.3%. Adding to the pressure on the currency was the Caixin China General Manufacturing PMI released on Saturday, which showed a decline from 51.7 in February […]
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April 32017
Aussie Starts Week Soft due to Macroeconomic Data
The Australian dollar has started this trading week with losses due to poor macroeconomic data, both domestic and overseas. The major perpetrator in the Aussie’s fall was the retail sales report that showed unexpected drop by 0.1% in February from January while experts had predicted an increase by 0.3%. Adding to the pressure on the currency was the Caixin China General Manufacturing PMI released on Saturday, which showed a decline from 51.7 in February […]
Read more