- 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: October 3, 2018
October 32018
Chinese Yuan Finding Direction on Record Household Debt, Stalling Manufacturing Growth
The Chinese yuan is struggling to find direction midweek after new data questioned if the worldâs second-largest economy is healthy enough to sustain its trade war with the US. Manufacturing growth stalled in September, household debt surged to a record high in 2017, and the government showed that it is willing to slash its import tariffs in the global trade dispute. After 15 months of expansion, Chinese factory sector growth […]
Read more
October 32018
Unexpected Drop of Building Approvals Hurts Australian Dollar
The Australian dollar fell today as building approvals fell in August unexpectedly. The positive market sentiment was unable to rescue the currency. The Australian Bureau of Statistics reported that the number of building approvals dropped 9.4% in August, month-on-month, after falling 4.6% in July (positively revised from the drop of 5.2% registered initially). Analysts were completely wrong with their predictions of a 1.0% increase. The seasonally adjusted Australian Industry Group Australian Performance […]
Read more
October 32018
Japanese Yen Falls on News About Italian Budget
The Japanese yen fell today as markets switched into a risk-on mode on the reports that Italy will change its budget plans to avoid clash with the European Union. The news were conflicting, though. Italy’s plans to approve a budget with a 2.4% deficit of gross domestic product drew heavy criticism from EU officials, and there were reports that the Italian government is going to reduce the deficit. Yet according to the most […]
Read more
October 32018
EUR/USD Gives Up Gains Caused by New About Italian Budget
EUR/USD surged initially today on the reports that Italy is planning to reduce its budget deficit after 2019 in an attempt to find a compromise with the European Union, which was criticizing Italy’s initial plan to run the budget with a 2.4% deficit for three years. Yet the risk appetite caused by the news has faded by now, and the currency pair retreated below the opening level. The pair continued to move lower after the report from […]
Read more