- 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: December 5, 2018
December 52018
Japanese Yen Weakens on Mixed Economic Data
The Japanese yen is weakening midweek against its American counterpart on mixed economic data. The yen, which has lost against the greenback so far this year, is finding direction on solid services data and a reduction in business spending. This comes as many experts suggest that the fourth-quarter may actually rebound from the disappointing third-quarter. On Wednesday, the Markit/Nikkei Japan Services Purchasing Managers Index (PMI) was shown to stand […]
Read more
December 52018
Canadian Dollar Tanks on Dovish BoC
The Canadian dollar sank today following the release of a surprisingly dovish policy statement from the Bank of Canada. The currency traded at the lowest level since September against most of its major rivals, while against the US dollar the loonie touched the lows not seen since June 2017. The BoC left its main interest rate at 1.75%. While it was not unexpected, the dovish tone of the bank’s statement surprised markets. Among […]
Read more
December 52018
Euro Rallies Higher Boosted by Positive Italy and Brexit Expectations
The euro today rallied higher against the US dollar during the European session as market sentiment stabilized on positive developments in the Italian budget standoff. Positive PMI releases by IHS Markit from across the eurozone also contributed to the EUR/USD currency pair’s rally as did the latest Brexit developments. The EUR/USD currency pair today rallied from a low of 1.1316 in the late Asian session to a high of 1.1361 in the early American session. The currency pair’s initial […]
Read more
December 52018
Aussie Drops After GDP Misses Expectations
The Australian dollar tumbled against its most-traded counterparts today as nation’s economic growth was disappointing. The general negative market sentiment was also unfavorable to the currency. The Australian Bureau of Statistics reported that gross domestic product rose 0.3% in the September quarter from the previous three months on a seasonally adjusted basis. The actual increase was two times slower than 0.6% predicted by analysts. Furthermore, it was much slower […]
Read more