- 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 9, 2019
October 92019
Sterling Pound Falls as EU Says the Chances of a Brexit Deal Are Slim
The Sterling pound today attempted to rally against the US dollar, but its gains were limited by Brexit headlines indicating that the chances of a Brexit deal by October 31 were minimal. The GBP/USD currency pair today spiked higher before quickly reversing and heading lower as investor sentiment shifted driven by the negative Brexit headlines. The GBP/USD currency pair today spiked to a high of 1.2291 before retracing all its gains and falling […]
Read more
October 92019
Japanese Yen Weakens on Machine Tool Orders, Capped by GDP Gain
The Japanese yen is weakening midweek against multiple major currencies, driven by a slump in September machine tool orders. But this was offset by a jump in gross domestic product. That said, there were other data that drove down the yen on Wednesday, increasing concerns of a full-blown recession, which would come as Tokyo raised the national sales tax. According to the Japan Machine Tool Builders Association, machine tool orders […]
Read more
October 92019
AUD/NZD Is Approaching the Interesting Area of 1.0640
The Australian dollar versus the New Zealand dollar currency pair is in a throwback phase that has 1.0640 on its course. Long-term perspective After printing the low at 1.0263 the price entered in a very steep ascending movement, one that managed to reconquer the weekly support of 1.0361 and the monthly support of 1.0530, respectively. The movement extended until 1.0837, from where a correction began, a correction that takes the shape of a throwback. Both 1.0640 and 1.0530 […]
Read more
October 92019
Australian Dollar Rises Despite Drop of Consumer Confidence to 4-Year Low, Escalating US-China Trade War
The Australian dollar rose today against other most-traded currencies. That is a surprising result considering that fundamentals looked very unfavorable to the currency. The sentiment of Australian consumers fell to the lowest level in four years. Washington announced fresh sanctions against Chinese companies just a day before trade negotiations between the United States and China resume. The Westpac-Melbourne Institute Index of Consumer Sentiment fell 5.5% in October, falling to the lowest level […]
Read more
October 92019
EUR/USD Rises as US-China Trade War Escalates, Trims Gains Later
EUR/USD rallied today as the United States blacklisted several Chinese companies just a day before the resumption of trade talks between the USA and China. The Federal Open Market Committee released minutes of its latest policy meeting, but they did not have a particularly noticeable impact on the currency pair. Wholesale inventories rose 0.2% in August, while market participants were counting on the same 0.4% increase as in July. (Event A on the chart.) US […]
Read more