- 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: June 20, 2017
June 202017
Canadian Dollar Follows Crude Oil Down
The Canadian dollar fell during the Tuesday’s trading session, tracking the decline of crude oil prices. Positive domestic macroeconomic data was unable to help Canada’s currency. Crude oil fell on Tuesday amid persisting concerns about oversupply on the market. As crude is Canada’s biggest export, the loonie usually closely follows moves of the commodity. As for Canadian economic data, it was good with wholesale sales rising 1.0% in April. That […]
Read more
June 202017
Euro Falls vs. Majors, Beats Vulnerable Pound
The euro fell against most of its major peers today, though managed to gain on the Great Britain pound, which was weakened by the comment’s from the British central bank’s chief. Tuesday’s macroeconomic data released in the eurozone was not helpful to the shared 19-nation currency. The German Producer Price Index fell 0.2% in May from April, a bit more than analysts had predicted (0.1%). The eurozone current account surplus shrank […]
Read more
June 202017
US Dollar Rises Against Euro on Hawkish Comments from Federal Reserve Officials
The US dollar climbed to the highest level since May 30 against the euro on Tuesday following a stream of hawkish comments from US Federal Reserve officials yesterday and today. Two members of the Federal Open Market Committee offered an improved outlook for tighter monetary policy in the United States earlier today, while a third member is expected to speak later in the day. Federal Reserve Vice Chairman Stanley Fischer, who contributes to US […]
Read more
June 202017
GBP/USD Tumbles to New Lows After Dovish Comments from Mark Carney
The GBP/USD currency pair today tumbled to new lows last witnessed in April due to dovish comments from Bank of England Governor, Mark Carney. The currency pair hit the new lows during the North American session after hawkish comments from FOMC members such as Eric Rosengren. The currency pair hit a low of 1.2610 during the early North American session; a figure that was last recorded on April 18 this […]
Read more
June 202017
Forex Brokers Update â June 20th, 2017
The last two weeks saw one new broker added to the list of Forex companies: EverFX — a Cypriot broker that is specializing on big accounts but is also offering standard accounts from $300. 1:500 leverage is available and trading is done via MT4 and with commission per deal. EverFX Meanwhile, some of the listed brokers were updated: Binary.com has added ETH/USD and LTC/USD cryptocurrency pairs for trading […]
Read more
June 202017
Swiss Franc Rallies After Speech of SNB Chief
The Swiss franc rose today after the speech of the central bank’s chief even as some economic forecasts for Switzerland were revised down. Thomas Jordan, Chairman of the Swiss National Bank, said today: All the discussion about the exit — we know it will be difficult, it will maybe be a bumpy road — but it is also positive that we are at the point where we […]
Read more
June 202017
Swiss Franc Rallies After Speech of SNB Chief
The Swiss franc rose today after the speech of the central bank’s chief even as some economic forecasts for Switzerland were revised down. Thomas Jordan, Chairman of the Swiss National Bank, said today: All the discussion about the exit — we know it will be difficult, it will maybe be a bumpy road — but it is also positive that we are at the point where we […]
Read more
June 202017
Australian Dollar Near Opening After Failing to Maintain Rally
The Australian dollar started the current trading session rising but reversed its movement at about 12:00 GMT and is trading near the opening levels as of now. The Reserve Bank of Australia released minutes of its latest policy meeting today. While the policy makers were somewhat worried about the housing market, the minutes mostly echoed the optimistic view expressed by RBA Governor Phillip Lowe in yesterday’s speech. Talking about the housing market, […]
Read more
June 202017
Australian Dollar Near Opening After Failing to Maintain Rally
The Australian dollar started the current trading session rising but reversed its movement at about 12:00 GMT and is trading near the opening levels as of now. The Reserve Bank of Australia released minutes of its latest policy meeting today. While the policy makers were somewhat worried about the housing market, the minutes mostly echoed the optimistic view expressed by RBA Governor Phillip Lowe in yesterday’s speech. Talking about the housing market, […]
Read more