- 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: August 17, 2017
August 172017
EUR/USD Declines Through the Day, Recovers After US Fundamentals
The euro was in a downtrend versus the US dollar for the first half of the trading session today. It stalled after the New York session opening and entered a recovery uptrend as the US industrial production report disappointed the USD bulls. Initial jobless claims fell from 244k to 232k during the week ending August 12. The value came out better than the 240k forecast for the figure. (Event A on the chart.) Philadelphia Fed manufacturing index continued […]
Read more
August 172017
US Dollar Gives up Early Gains as Political Woes Remain in Play
The US dollar rose against the euro and other major currencies on Thursday, even after giving up some of the gains it made earlier today. A smaller drop than expected in manufacturing activity in Philadelphia and a low number of jobless claims supported the greenback. However, rippling effects from the Federal Reserveâs meeting minutes and political developments in the United States limited the greenbackâs gains today. An index that tracks manufacturing conditions in the Philadelphia region […]
Read more
August 172017
US Dollar Gives up Early Gains as Political Woes Remain in Play
The US dollar rose against the euro and other major currencies on Thursday, even after giving up some of the gains it made earlier today. A smaller drop than expected in manufacturing activity in Philadelphia and a low number of jobless claims supported the greenback. However, rippling effects from the Federal Reserveâs meeting minutes and political developments in the United States limited the greenbackâs gains today. An index that tracks manufacturing conditions in the Philadelphia region […]
Read more
August 172017
Euro Declines Against US Dollar on Dovish ECB Minutes
The euro today declined against the US dollar after the release of the European Central Bank‘s minutes of their monetary policy meeting, which outlined a dovish stance. The US dollar was stronger against the euro due to the high buying interest in the greenback as tracked by the US Dollar Index, which hit new highs in today’s session. The EUR/USD currency pair lost over 100 points at the height of its decline as investors reacted to the dovish ECB […]
Read more
August 172017
Euro Declines Against US Dollar on Dovish ECB Minutes
The euro today declined against the US dollar after the release of the European Central Bank‘s minutes of their monetary policy meeting, which outlined a dovish stance. The US dollar was stronger against the euro due to the high buying interest in the greenback as tracked by the US Dollar Index, which hit new highs in today’s session. The EUR/USD currency pair lost over 100 points at the height of its decline as investors reacted to the dovish ECB […]
Read more