- 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: September 29, 2017
September 292017
EUR/USD Rises After Core PCE Inflation Misses Expectations
EUR/USD was rising today and extended its rally after core PCE inflation, the Federal Reserve’s favorite gauge of consumer price growth, missed expectations. The consumer sentiment, while close to expectations, fell. The only better-than-expected indicator was the surprisingly good Chicago PMI, but it alone was unable to help the dollar (though caused a short-lived dive for EUR/USD). Both personal income and spending increased in August, rising by 0.2% and 0.1% […]
Read more
September 292017
US Dollar Higher Against Most Rivals
The US dollar rose against most of its major rivals (though not all of them) today even as mixed macroeconomic reports did not lend much support to the currency. One of the major supporting factor for the dollar remains the outlook for monetary tightening from the Federal Reserve. Earlier this week, Fed Chairperson Janet Yellen signaled that the US central bank is going to proceed with removing monetary easing: […]
Read more
September 292017
US Dollar Higher Against Most Rivals
The US dollar rose against most of its major rivals (though not all of them) today even as mixed macroeconomic reports did not lend much support to the currency. One of the major supporting factor for the dollar remains the outlook for monetary tightening from the Federal Reserve. Earlier this week, Fed Chairperson Janet Yellen signaled that the US central bank is going to proceed with removing monetary easing: […]
Read more
September 292017
British Pound Erases Earlier Losses After Hawkish BoE Remarks
The British pound erased some of the losses it had against the euro and the US dollar in the wake of disappointing economic growth data on Friday. The UK currency was supported by hawkish comments that were made by policymakers from the Bank of England during a conference earlier today. In a report that was published today, the UK Office for National Statistics stated that the nationâs gross domestic product increased 1.5% in the second quarter of 2017 from […]
Read more
September 292017
British Pound Erases Earlier Losses After Hawkish BoE Remarks
The British pound erased some of the losses it had against the euro and the US dollar in the wake of disappointing economic growth data on Friday. The UK currency was supported by hawkish comments that were made by policymakers from the Bank of England during a conference earlier today. In a report that was published today, the UK Office for National Statistics stated that the nationâs gross domestic product increased 1.5% in the second quarter of 2017 from […]
Read more
September 292017
Canadian Dollar Declines Against US Dollar on Weak GDP Data
The Canadian dollar today weakened against its US counterpart after the release of weak Canadian GDP data by Statistics Canada. Several releases from the US docket such as the personal income data for August also served to boost the US dollar against its Canadian counterpart. The USD/CAD currency pair today rallied by about 85 points from its daily low hit during the mid-European session before the releases. The Canadian dollar […]
Read more
September 292017
Canadian Dollar Declines Against US Dollar on Weak GDP Data
The Canadian dollar today weakened against its US counterpart after the release of weak Canadian GDP data by Statistics Canada. Several releases from the US docket such as the personal income data for August also served to boost the US dollar against its Canadian counterpart. The USD/CAD currency pair today rallied by about 85 points from its daily low hit during the mid-European session before the releases. The Canadian dollar […]
Read more
September 292017
Euro Rallies Against US Dollar on Weak PCE Data
The euro today gained ground against the US dollar after the release of weak US Personal Consumption Expenditure data early in the North American session. The EUR/USD currency pair had rallied higher during the early European session despite the release of the flash Eurozone CPI estimate by Eurostat, which missed expectations. The currency pair rallied by over 60 points to hit new daily highs after the release of the PCE data. The EUR/USD pair […]
Read more
September 292017
Euro Rallies Against US Dollar on Weak PCE Data
The euro today gained ground against the US dollar after the release of weak US Personal Consumption Expenditure data early in the North American session. The EUR/USD currency pair had rallied higher during the early European session despite the release of the flash Eurozone CPI estimate by Eurostat, which missed expectations. The currency pair rallied by over 60 points to hit new daily highs after the release of the PCE data. The EUR/USD pair […]
Read more
September 292017
Swiss Franc Gets Boost from Positive Outlook for Economy
The Swiss franc gained on its rivals, though not on the euro, thanks to data that revealed a favorable outlook for the Swiss economy. The KOF Economic Barometer rose from 104.2 to 105.8 in September, exceeding the median forecast. The report commented on the result: This indicates that the outlook remains favourable — the Swiss economy should continue to grow at above average rates in the near future. The manufacturing sector was the biggest contributor to the improving outlook. USD/CHF […]
Read more