- 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: July 24, 2018
July 242018
EUR/USD Bounces amid Mixed Data
EUR/USD was falling at the start of today’s trading session, but has reversed its movement at 7:00 GMT, and is now trading above the opening level. Macroeconomic data was mixed both in the United States and the eurozone, but that did not prevent the rebound. Market analysts believe that the currency pair will remain volatile till the European Central Bank policy meeting on Thursday. As for US reports, a couple were released […]
Read more
July 242018
Turkish Lira Tumbles After Central Bank Refrains from Interest Rate Hike
The Turkish lira slumped today after the nation’s central bank surprised and disappointed market participants, refraining from increasing interest rates. The Central Bank of the Republic of Turkey maintained its policy rate unchanged at 17.75% and said in the statement: Recently released data indicate a more significant rebalancing trend in the economic activity. External demand maintains its strength, while signs of decelaration in domestic demand become more visible. The announcement shocked […]
Read more
July 242018
Turkish Lira Tumbles After Central Bank Refrains from Interest Rate Hike
The Turkish lira slumped today after the nation’s central bank surprised and disappointed market participants, refraining from increasing interest rates. The Central Bank of the Republic of Turkey maintained its policy rate unchanged at 17.75% and said in the statement: Recently released data indicate a more significant rebalancing trend in the economic activity. External demand maintains its strength, while signs of decelaration in domestic demand become more visible. The announcement shocked […]
Read more
July 242018
Canadian Dollar Finds Support in Higher Energy Prices, Buyer Interest
The Canadian dollar is advancing against its American counterpart on Tuesday, finding support in rallying energy prices, strong recent economic data, and renewed interest in the loonie. Can the Canadian dollar continue its momentum throughout the trading week or will it lean on the US dollar for direction in the final days of July? With reports that the Chinese government wants to introduce a dynamic fiscal policy to invigorate economic growth and limit trade tensions […]
Read more
July 242018
Canadian Dollar Finds Support in Higher Energy Prices, Buyer Interest
The Canadian dollar is advancing against its American counterpart on Tuesday, finding support in rallying energy prices, strong recent economic data, and renewed interest in the loonie. Can the Canadian dollar continue its momentum throughout the trading week or will it lean on the US dollar for direction in the final days of July? With reports that the Chinese government wants to introduce a dynamic fiscal policy to invigorate economic growth and limit trade tensions […]
Read more
July 242018
US Dollar Mixed After Mixed Domestic Macroeconomic Data
The US dollar was mixed today, rising against some currencies, falling against others, and trading flat versus yet another ones. Domestic macroeconomic data was unable to provide direction to the currency, being mixed itself. Markit released Purchasing Managers’ Indices for both manufacturing and services sectors of the United States. The manufacturing index was little changed, whereas experts had predicted a decline. Meanwhile, forecasters had promised the non-manufacturing […]
Read more
July 242018
US Dollar Mixed After Mixed Domestic Macroeconomic Data
The US dollar was mixed today, rising against some currencies, falling against others, and trading flat versus yet another ones. Domestic macroeconomic data was unable to provide direction to the currency, being mixed itself. Markit released Purchasing Managers’ Indices for both manufacturing and services sectors of the United States. The manufacturing index was little changed, whereas experts had predicted a decline. Meanwhile, forecasters had promised the non-manufacturing […]
Read more
July 242018
EUR/USD Bounces amid Mixed Data
EUR/USD was falling at the start of today’s trading session, but has reversed its movement at 7:00 GMT, and is now trading above the opening level. Macroeconomic data was mixed both in the United States and the eurozone, but that did not prevent the rebound. Market analysts believe that the currency pair will remain volatile till the European Central Bank policy meeting on Thursday. As for US reports, a couple were released […]
Read more
July 242018
Euro Rallies Slightly Against US Dollar on Mixed Eurozone PMIs
The euro today rallied slightly higher against the US dollar in the early European session following the release of mixed Eurozone PMI data by IHS Markit. The US dollar was stronger against the euro during the Asian session after President Donald Trump‘s comments on US GDP growth boosted the greenback. The EUR/USD currency pair today rallied from a low of 1.1653 to a high of 1.1710 following the Markit releases. The currency pair’s rally could […]
Read more
July 242018
Euro Rallies Slightly Against US Dollar on Mixed Eurozone PMIs
The euro today rallied slightly higher against the US dollar in the early European session following the release of mixed Eurozone PMI data by IHS Markit. The US dollar was stronger against the euro during the Asian session after President Donald Trump‘s comments on US GDP growth boosted the greenback. The EUR/USD currency pair today rallied from a low of 1.1653 to a high of 1.1710 following the Markit releases. The currency pair’s rally could […]
Read more