- 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: May 30, 2019
May 302019
Positive Fundamentals Help Loonie to Rally Despite Huge Drop of Oil Prices
The Canadian dollar gained on Thursday, though trimmed its gains by the end of the trading session. The currency managed to rally even as crude oil posted huge losses, falling more than 4% over the course of Thursday’s trading. There were several possible fundamental reasons for the good performance of the Canadian currency. One of such reasons was optimism about the upcoming GDP report due for release on Friday. Analysts predicted that it will […]
Read more
May 302019
Aussie Rallies Despite Poor Domestic Data, Unable to Keep Gains
The Australian dollar rallied today despite extremely poor domestic macroeconomic data. The possible reason for that was the fact that the market sentiment stabilized as traders priced in the trade war between the United States and China. Yet the currency was unable to hold onto gains and is currently trading below the opening level. The Australian Bureau of Statistic reported that the seasonally adjusted number of building approvals dropped 4.7% in April from March […]
Read more
May 302019
British Pound Drops As Brexit Uncertainty Deepens, Later Recovers
The British pound today fell to new 4-month lows against the US dollar as the uncertainty surrounding the Brexit issue deepened. The GBP/USD currency pair hit new lows as uncertainty reigned over who would succeed Theresa May as Prime Minister and whether they would support a no-deal Brexit. The GBP/USD currency pair today fell from a high of 1.2641 in the Asian session to a low of 1.2580 in the American session before retracing most of its […]
Read more
May 302019
US Dollar Mixed on Widening Trade Deficit, Higher Initial Jobless Claims
The US dollar is mixed against a basket of currencies on Thursday as data has been both good and bad for the worldâs largest economy. With the US-China trade war seemingly worsening, investors have been clamoring for some excellent data to offset the lackluster development in trade talks. According to the US Census Bureau, the trade deficit in goods increased in April from $71.9 billion to $72.1 billion. Every category of exports and imports declined as the former […]
Read more
May 302019
EUR/USD Recovers After Dipping Intraday
EUR/USD declined during today’s trading session but has bounced by now. Markets have largely priced in the trade war between the United States and China, and the market sentiment stabilized. US macroeconomic indicators were within expectations for the most part, with the notable exception of pending home sales. US GDP rose 3.1% in Q1 2019 according to the preliminary (second) estimate, matching expectations. That is compared to the advance reading of a 3.2% […]
Read more