- 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: May 17, 2017
May 172017
Euro Rallies Higher Against US Dollar on Positive Eurozone CPI Data
The EUR/USD curreny pair rallied higher today after the release of the Eurozone core CPI data by Eurostat, which met market expectations. The currency pair hit a new six-month high during the American session as the US dollar weakened against the euro. The currency pair rallied to a new high of 1.1155 and was on an upward trend at the time of writing. The pair is on track to close the day’s session on a high, which is an extension of a rally that started […]
Read more
May 172017
Euro Rallies Higher Against US Dollar on Positive Eurozone CPI Data
The EUR/USD curreny pair rallied higher today after the release of the Eurozone core CPI data by Eurostat, which met market expectations. The currency pair hit a new six-month high during the American session as the US dollar weakened against the euro. The currency pair rallied to a new high of 1.1155 and was on an upward trend at the time of writing. The pair is on track to close the day’s session on a high, which is an extension of a rally that started […]
Read more
May 172017
Canadian Dollar Ignores Positive Fundamentals amid Risk Aversion
The Canadian dollar fell today even though macroeconomic data released in Canada was good and crude oil continued to rally. The likely reasons for the underwhelming performance was risk aversion that took a firm grip on markets. Canada’s manufacturing sales were up 1.0% in March, reaching a record. The report said that the rise was “reflecting higher sales in the transportation equipment and food industries.” The increase followed the drop by 0.6% in February. Previously, […]
Read more
May 172017
Canadian Dollar Ignores Positive Fundamentals amid Risk Aversion
The Canadian dollar fell today even though macroeconomic data released in Canada was good and crude oil continued to rally. The likely reasons for the underwhelming performance was risk aversion that took a firm grip on markets. Canada’s manufacturing sales were up 1.0% in March, reaching a record. The report said that the rise was “reflecting higher sales in the transportation equipment and food industries.” The increase followed the drop by 0.6% in February. Previously, […]
Read more
May 172017
Japanese Yen Advances Against US Dollar on Lower Appetite for Risk
The Japanese yen advanced against the US dollar on Wednesday after traders became anxious about recent political developments in the United States. The Japanese currency, which is viewed as a safe haven asset, ended two days of little movement as controversies surrounding US President Donald Trump were stoked by recent reports on his ties with Russia. For the past 8 days, the Trump administration has been busy putting out the political […]
Read more
May 172017
Japanese Yen Advances Against US Dollar on Lower Appetite for Risk
The Japanese yen advanced against the US dollar on Wednesday after traders became anxious about recent political developments in the United States. The Japanese currency, which is viewed as a safe haven asset, ended two days of little movement as controversies surrounding US President Donald Trump were stoked by recent reports on his ties with Russia. For the past 8 days, the Trump administration has been busy putting out the political […]
Read more
May 172017
Politics Continue to Damage Appeal of US Dollar
The US dollar continued to fall today as controversies surrounding US President Donald Trump made the currency unappealing to investors, making it erase all gains caused by optimism about Trump’s presidency and his planned fiscal reforms back when he was elected. The greenback was especially vulnerable against safe haven currencies like the Swiss franc and the Japanese yen. Markets continued to be riled by accusations of Trump leaking sensitive […]
Read more
May 172017
Politics Continue to Damage Appeal of US Dollar
The US dollar continued to fall today as controversies surrounding US President Donald Trump made the currency unappealing to investors, making it erase all gains caused by optimism about Trump’s presidency and his planned fiscal reforms back when he was elected. The greenback was especially vulnerable against safe haven currencies like the Swiss franc and the Japanese yen. Markets continued to be riled by accusations of Trump leaking sensitive […]
Read more
May 172017
Sterling Reacts Positively to Employment Data
The Great Britain pound reacted positively to UK employment data released today, which showed accelerating wage inflation and a surprise drop of the unemployment rate. It allowed the currency to halt the four-day losing streak versus the euro and the Swiss franc. According to the report from the Office for National Statistics, average weekly earnings rose 2.4% in the three-month period through March from a year ago after rising 2.3% in the previous reporting period. The unemployment […]
Read more
May 172017
Sterling Reacts Positively to Employment Data
The Great Britain pound reacted positively to UK employment data released today, which showed accelerating wage inflation and a surprise drop of the unemployment rate. It allowed the currency to halt the four-day losing streak versus the euro and the Swiss franc. According to the report from the Office for National Statistics, average weekly earnings rose 2.4% in the three-month period through March from a year ago after rising 2.3% in the previous reporting period. The unemployment […]
Read more