- 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 28, 2017
June 282017
Euro Extends Rally Even as ECB Tries to Downplay QE Tapering Expectations
The euro rallied today even as officials from the European Central Bank tried to downplay yesterday’s comments from Mario Draghi, which markets considered to be hawkish. The currency fell against the US dollar intraday, but the drop was short-lived. The euro was unable to beat the very strong Great Britain pound. While Draghi’s speech delivered on Tuesday was largely neutral, insisting that any changes to the existing extra accommodative […]
Read more
June 282017
Euro Extends Rally Even as ECB Tries to Downplay QE Tapering Expectations
The euro rallied today even as officials from the European Central Bank tried to downplay yesterday’s comments from Mario Draghi, which markets considered to be hawkish. The currency fell against the US dollar intraday, but the drop was short-lived. The euro was unable to beat the very strong Great Britain pound. While Draghi’s speech delivered on Tuesday was largely neutral, insisting that any changes to the existing extra accommodative […]
Read more
June 282017
Canadian Dollar Jumps as Poloz Shows Hawkish Bias
The Canadian dollar surged more than 1% against its most-traded counterparts today after the Bank of Canada chief demonstrated hawkish bias, adding to speculations that the central bank may consider an interest rate hike in the not-so-distant future. BoC Governor Stephen Poloz said in an interview to CNBC today: Well rates are of course extraordinarily low and we cut them by 50 basis points in 2015 to counteract the effects of the oil […]
Read more
June 282017
Canadian Dollar Jumps as Poloz Shows Hawkish Bias
The Canadian dollar surged more than 1% against its most-traded counterparts today after the Bank of Canada chief demonstrated hawkish bias, adding to speculations that the central bank may consider an interest rate hike in the not-so-distant future. BoC Governor Stephen Poloz said in an interview to CNBC today: Well rates are of course extraordinarily low and we cut them by 50 basis points in 2015 to counteract the effects of the oil […]
Read more
June 282017
US Dollar Trades Within Tight Range Against Euro on Mixed Economic Releases
The US dollar edged slightly lower against the euro on Wednesday, as fresh economic data in the United States painted a mixed image of the economy a single day ahead of gross domestic product data. An index of the US dollarâs strength against a basket of major currencies posted a bigger loss today amid broader declines versus the British pound and the Canadian dollar. Todayâs first important economic release briefly supported the US dollar higher. The US […]
Read more
June 282017
US Dollar Trades Within Tight Range Against Euro on Mixed Economic Releases
The US dollar edged slightly lower against the euro on Wednesday, as fresh economic data in the United States painted a mixed image of the economy a single day ahead of gross domestic product data. An index of the US dollarâs strength against a basket of major currencies posted a bigger loss today amid broader declines versus the British pound and the Canadian dollar. Todayâs first important economic release briefly supported the US dollar higher. The US […]
Read more
June 282017
EUR/USD Bounces After Dipping Intraday
EUR/USD slid intraday but bounced later after signals about possible monetary tightening in Great Britain and Canada drove the US dollar down. The unexpected drop of US pending home sales was not helping the greenback either. Pending home sales fell 0.8% in May from April instead of rising 0.9% as analysts had predicted. That was the third consecutive monthly decline. The April drop was revised from […]
Read more
June 282017
British Pound Climbs as Carney Says Bank of England May Discuss Higher Rates Soon
The British pound surged against most of its major peers on Wednesday, reaching the highest level against the US dollar since June 8. The British currency rose following bullish comments from Bank of England Governor Mark Carney this afternoon, which took the market by surprise. The Governor of the Bank of England said at a European Central Bank conference in Portugal that the coming months will likely see discussions within the central bank […]
Read more
June 282017
British Pound Climbs as Carney Says Bank of England May Discuss Higher Rates Soon
The British pound surged against most of its major peers on Wednesday, reaching the highest level against the US dollar since June 8. The British currency rose following bullish comments from Bank of England Governor Mark Carney this afternoon, which took the market by surprise. The Governor of the Bank of England said at a European Central Bank conference in Portugal that the coming months will likely see discussions within the central bank […]
Read more