- 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 29, 2018
June 292018
Canadian Dollar Ends Trading Strong, Getting Help from Various Factors
The Canadian dollar ended Friday’s trading extremely strong thanks to the positive domestic macroeconomic data, rising crude oil prices, and the general positive market sentiment. Statistics Canada reported that gross domestic product rose 0.1% in April following the 0.3% increase in March. Economists had predicted no growth. The Industrial Product Price Index rose 1.0% and the Raw Materials Price Index rose 3.8% in May. Both indicators were […]
Read more
June 292018
Canadian Dollar Ends Trading Strong, Getting Help from Various Factors
The Canadian dollar ended Friday’s trading extremely strong thanks to the positive domestic macroeconomic data, rising crude oil prices, and the general positive market sentiment. Statistics Canada reported that gross domestic product rose 0.1% in April following the 0.3% increase in March. Economists had predicted no growth. The Industrial Product Price Index rose 1.0% and the Raw Materials Price Index rose 3.8% in May. Both indicators were […]
Read more
June 292018
Swiss Franc Ends Friday Strong
On Friday, the Swiss franc ended trading strong against most of its rivals, with the exception of other European currencies. While domestic data was good, the likely reason for the strong performance was the European Union migration deal. As for domestic fundamentals, the KOF Economic Barometer rose from 100.0 in May to 101.7 in June, demonstrating the first increase after the three months of a decline. Analysts had predicted just a marginal increase to 100.3. The report […]
Read more
June 292018
Swiss Franc Ends Friday Strong
On Friday, the Swiss franc ended trading strong against most of its rivals, with the exception of other European currencies. While domestic data was good, the likely reason for the good performance was the European Union migration deal. As for domestic fundamentals, the KOF Economic Barometer rose from 100.0 in May to 101.7 in June, demonstrating the first increase after the three months of a decline. Analysts had predicted just a marginal increase to 100.3. The report […]
Read more
June 292018
Great Britain Pound Rallies After Positive Revision to GDP
The Great Britain pound rallied today thanks to positive macroeconomic reports released in the United Kingdom. The most notable of them was the positive revision to gross domestic product. The Office for National Statistics reported that UK GDP rose 0.2% in the first quarter of 2018 from the previous three months according to the final estimate. While it was a slower rate of growth than 0.4% logged in the fourth quarter of 2017, it was faster […]
Read more
June 292018
Great Britain Pound Rallies After Positive Revision to GDP
The Great Britain pound rallied today thanks to positive macroeconomic reports released in the United Kingdom. The most notable of them was the positive revision to gross domestic product. The Office for National Statistics reported that UK GDP rose 0.2% in the first quarter of 2018 from the previous three months according to the final estimate. While it was a slower rate of growth than 0.4% logged in the fourth quarter of 2017, it was faster […]
Read more
June 292018
Japanese Yen Falls, Failing to Profit from Positive Data
Macroeconomic data released in Japan today was good, but the Japanese yen fell nevertheless. It looks like market participants continued to eschew currencies perceived to be a safe haven. The Tokyo core Consumer Price Index rose 0.7% in June from a year ago, accelerating from 0.5% in May and beating market expectations of a 0.6% growth. The unemployment rate unexpectedly edged down from 2.5% in April to 2.2% in May. Industrial […]
Read more
June 292018
Japanese Yen Falls, Failing to Profit from Positive Data
Macroeconomic data released in Japan today was good, but the Japanese yen fell nevertheless. It looks like market participants continued to eschew currencies perceived to be a safe haven. The Tokyo core Consumer Price Index rose 0.7% in June from a year ago, accelerating from 0.5% in May and beating market expectations of a 0.6% growth. The unemployment rate unexpectedly edged down from 2.5% in April to 2.2% in May. Industrial […]
Read more
June 292018
NZ Dollar Higher vs. Some Rivals, Falls vs. European Currencies
The New Zealand dollar gained against some currencies but fell versus European ones, like the euro and the Swiss franc, most likely because the European Union was able to reach an agreement about immigration. As for domestic news, Statistics New Zealand reported the seasonally adjusted number of building permits rose 7.1% in May from the previous month. The increase followed the 3.6% drop registered in April. NZD/USD edged up from 0.6756 […]
Read more
June 292018
NZ Dollar Higher vs. Some Rivals, Falls vs. European Currencies
The New Zealand dollar gained against some currencies but fell versus European ones, like the euro and the Swiss franc, most likely because the European Union was able to reach an agreement about immigration. As for domestic news, Statistics New Zealand reported the seasonally adjusted number of building permits rose 7.1% in May from the previous month. The increase followed the 3.6% drop registered in April. NZD/USD edged up from 0.6756 […]
Read more