- 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: January 30, 2018
January 302018
EUR/USD Rallies After European GDP Figures
EUR/USD gained today, getting support from GDP figures released in the eurozone during the current trading session. Among them, the report for the whole eurozone showed that the economic growth remained stable at 0.6%. (Event A on the chart.) US economic reports were good as well, making the currency pair give away some of its gains by now. S&P/Case-Shiller home price index rose by 6.4% in November from a year ago. Analysts had […]
Read more
January 302018
Japanese Yen Rallies After Stocks Sell-Off, Struggles to Keep Gains
The Japanese yen rallied today but struggled to keep gains, losing them against some rivals outright. The possible reason for the rally was a massive sell-off of global stocks. As for macroeconomic indicators released in Japan over the course of the trading session, they were mixed. Stocks all over the world were in retreat today, like the Dow Jones Industrial Average that has lost more than 300 points during the Tuesday’s session. […]
Read more
January 302018
Euro Bounces with Help from Positive GDP Figures
The euro was down intraday during the Tuesday’s session but bounced later, getting support from positive GDP figure released from the eurozone. Not all European macroeconomic indicators were good, though. French gross domestic product increased by 0.6% in the fourth quarter of 2017, a bit more than analysts had predicted — 0.5%. Spanish GDP rose by 0.7%, in line with expectations and somewhat slower than the 0.8% rate […]
Read more
January 302018
US Dollar Plummets As Anticipation Builds Up for Interest Rate Decision
The US dollar plummeted against the euro to reach its lowest level in four days as traders held their positions while they wait to see the outcome of the Federal Open Market Committee‘s meeting. The greenback also weakened versus the British pound today following a strong reading for UK consumer credit in December, which overshadowed worries about the future of the Brexit negotiations. The Federal Open Market Committee is scheduled to end its latest […]
Read more
January 302018
GBP/USD Rallies Higher on UK Credit Data and US Dollar Weakness
The GBP/USD currency pair today rallied to new highs buoyed by US dollar weakness due to a decline in US Treasury yields and positive UK credit data. The currency pair was on a donwtrend from the Asian session to the early European session as investors reacted to political uncertainty in the UK. The GBP/USD currency pair gained 170 points from a low of 1.3980 in the early European session to hit a high of 1.4150 in the early American session. The pound opened […]
Read more
January 302018
NZ Dollar Behaves Similar to Aussie, Ignoring New Zealand Trade Balance
The New Zealand dollar fell earlier today but has bounced by now, behaving similar to its Australian counterpart. The trade balance report released close to the end of the previous trading session provided a positive surprise, but it had a negligible impact on the currency. The New Zealand trade balance logged a surplus of NZ$640 million in December after posting a deficit of NZ$1,233 million in the previous month. The actual figure was far better than […]
Read more
January 302018
Aussie Falls Despite Improving Business Confidence, Trims Losses Later
The Australian dollar slipped intraday despite the improving business confidence but has trimmed its losses by now, erasing them against the US dollar outright. The National Australia Bank reported that the business confidence index increased from +7 to +11 in December, reaching the highest level since July 2017. The report said that the rise was “perhaps driven by a stronger global economic backdrop.” The business conditions index was unchanged […]
Read more