- 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: April 4, 2017
April 42017
US Dollar Loses Earlier Gains Against Euro Ahead of Anticipated Economic Data
The US dollar lost earlier gains against the euro on Tuesday, ahead of a stream of economic releases occurring tomorrow that raised anticipation and reduced investorsâ appetite for risk. The market also eyed the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping on Thursday, which might provide some hints on Trumpâs international trade policies. The data front was largely quiet today, as the only economic release came […]
Read more
April 42017
US Dollar Loses Earlier Gains Against Euro Ahead of Anticipated Economic Data
The US dollar lost earlier gains against the euro on Tuesday, ahead of a stream of economic releases occurring tomorrow that raised anticipation and reduced investorsâ appetite for risk. The market also eyed the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping on Thursday, which might provide some hints on Trumpâs international trade policies. The data front was largely quiet today, as the only economic release came […]
Read more
April 42017
EUR/USD Drops After US Trade Balance & Factory Orders Reports
EUR/USD declined today, falling for the fifth day in six. US macroeconomic reports released during the current session were positive as the trade deficit shrank more than expected while factory orders demonstrated solid growth. The drop was limited, though, as traders were cautious ahead of the meeting between US President Donald Trump and Chinese President Xi Jinping. US trade deficit logged a deficit of $43.6 billion in February, down […]
Read more
April 42017
GBP/USD Declines for Second Day Triggered by Disappointing Industry Reports
The GBP/USD currency pair declined for the second day in a row after the release of the Markit/CIPS UK construction PMI, which did not meet expectations. The currency pair was also affected by the stronger US dollar given the massive buying interest in the greenback due to positive market sentiment. The currency pair lost over 70 points at the height of its decline as the US dollar, which is tracked by the US Dollar Index, traded at session highs […]
Read more
April 42017
GBP/USD Declines for Second Day Triggered by Disappointing Industry Reports
The GBP/USD currency pair declined for the second day in a row after the release of the Markit/CIPS UK construction PMI, which did not meet expectations. The currency pair was also affected by the stronger US dollar given the massive buying interest in the greenback due to positive market sentiment. The currency pair lost over 70 points at the height of its decline as the US dollar, which is tracked by the US Dollar Index, traded at session highs […]
Read more
April 42017
South African Rand Bounces After Intraday Drop
The South African rand fell during the current trading session but has bounced versus the US dollar by now. The drop was a result of the sovereign credit rating downgrade by Standard & Poor’s. The S&P reduced South Africa’s credit grade to junk status today. The decision followed sacking of country’s Finance Minister Pravin Gordhan last Thursday. The rating downgrade is likely to erode investors’ confidence in the country’s assets and will make […]
Read more
April 42017
South African Rand Bounces After Intraday Drop
The South African rand fell during the current trading session but has bounced versus the US dollar by now. The drop was a result of the sovereign credit rating downgrade by Standard & Poor’s. The S&P reduced South Africa’s credit grade to junk status today. The decision followed sacking of country’s Finance Minister Pravin Gordhan last Thursday. The rating downgrade is likely to erode investors’ confidence in the country’s assets and will make […]
Read more
April 42017
Traders Seek Safety on Tuesday, Yen Gains as Result
The market sentiment was favoring safe currencies on Tuesday, helping the Japanese yen to log gains during the current trading session. Among reasons for the investors’ poor mood were the terrorist attack in Russia and the upcoming presidential elections in France. The explosion in St. Petersburg metro killed at least 11 people, and Russian Prime Minister Dmitry Medvedev called it a “terrorist act.” Meanwhile, uncertainty associated with the outcome of the French presidential elections, which […]
Read more
April 42017
Traders Seek Safety on Tuesday, Yen Gains as Result
The market sentiment was favoring safe currencies on Tuesday, helping the Japanese yen to log gains during the current trading session. Among reasons for the investors’ poor mood were the terrorist attack in Russia and the upcoming presidential elections in France. The explosion in St. Petersburg metro killed at least 11 people, and Russian Prime Minister Dmitry Medvedev called it a “terrorist act.” Meanwhile, uncertainty associated with the outcome of the French presidential elections, which […]
Read more
April 42017
Aussie Trades Lower After RBA Keeps Monetary Policy Without Changes
The Australian dollar was trading broadly soft today after the nation’s central bank left its monetary policy unchanged. The market sentiment that was negative to riskier currencies also played its part in the Aussie’s decline. The Reserve Bank of Australia decided to keep its main interest rate at 1.5% as the vast majority of analysts were expecting. The central bank kept the statement almost unchanged, though voiced concern about the state […]
Read more