- 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: February 14, 2018
February 142018
EUR/USD Drops After US CPI, Reverses Loss Later
EUR/USD crashed after US CPI beat forecasts but quickly reversed losses and is now trading far above the opening level. Retail sales, meanwhile, missed expectations. CPI rose 0.5% in January, accelerating from the growth by 0.1% in December and the beating the median forecast of 0.3%. (Event A on the chart.) Retail sales fell by 0.3% in January, missing the forecast of a 0.2% increase. The December change was revised from an increase by 0.4% to zero […]
Read more
February 142018
US Dollar Rallies Briefly Against Peers on Upbeat US Inflation Data
The US dollar today rallied briefly against a basket of its peers as tracked by the US Dollar Index, after the release of strong US inflation data. The greenback’s rally was negatively affected by the weak retail sales data for December released early in the American session. The US Dollar Index, which measures the greenback’s strength against its peers, hit a high of 90.12 shortly after the release of US inflation report, but later retraced […]
Read more
February 142018
Euro Declines Against US Dollar on Mixed Eurozone GDP Data
The euro today declined against the US dollar despite the release of mostly positive GDP data from across the euro area. The single currency had rallied higher during the Asian session, but retraced all its gains starting in the late Asian session up to the early European session. The EUR/USD currency pair lost over 50 points to decline from a high of 1.2392 in the Asian session to a low of 1.2340 at the time of writing. The currency […]
Read more
February 142018
Japanese Yen Retains Strength Despite Slowing Economic Growth
The Japanese yen retained its strength against the vast majority of its most-traded peers even though macroeconomic data released over the Wednesday’s session in Japan was not that good. Japan’s gross domestic product rose 0.1% in the December quarter from the previous three months, missing expectations of a 0.2% growth and slowing from the previous quarter’s revised growth of 0.6%. The GDP Deflator was unchanged, year-over-year, in line with expectations […]
Read more
February 142018
AUD/USD Loses Gains After Intraday Rally
The Australian dollar gained on its US counterpart intraday but has lost most of its gains by now. Against other currencies, the Aussie was mixed today. The Westpac Melbourne Institute Index of Consumer Sentiment fell by 2.3% in February from January. The index was up by 1.8% in the preceding month. The report explained the worsening sentiment by the fact that the survey was taken during the previous week, marked by significant volatility on global share […]
Read more