- 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: January 17, 2020
January 172020
Chinese Yuan Strengthens As Q4 GDP Beats Estimates
The Chinese yuan is strengthening against most major currency rivals to close out the trading week, driven by a better-than-expected reading of the worldâs second-largest economy in the fourth quarter. But the various economic reports on Friday highlighted across-the-board improvements, which could signal that Beijing may be on track for a rebound in 2020, especially with the US and China declaring a trade truce. According to the National Bureau of Statistics, the Chinese economy expanded at a 27-year-low of 6% […]
Read more
January 172020
NZ Dollar Unable to Keep Gains Caused by Chinese Economic Reports
The New Zealand dollar rallied intraday despite underwhelming domestic macroeconomic data. One of the possible reasons for the rally was macroeconomic data in China, which showed that the economic growth of the Asian nation stabilized in the last quarter of 2019. Currently, though, the New Zealand currency has lost its gains versus most rivals, except for European majors. The kiwi was trading about flat against the euro and the Great Britain pound. The National […]
Read more
January 172020
Pound Crashes on Weak UK Retail Sales Report and US-Iran Tensions
The Sterling pound today crashed against the US dollar in the early London session following the release of the disappointing latest UK retail sales report. The GBP/USD currency pair had been trading higher before the release boosted by upbeat investor sentiment before nosediving to its daily lows after the announcement. The GBP/USD currency pair today fell from a high of 1.3118 to a low of 1.3040 after the retail sales report and was trading near […]
Read more
January 172020
USD/JPY Might Correct Before Further Appreciation
The US dollar versus the Japanese yen currency pair is at a point in which it should draw a correction, otherwise it might be considered that it is overextending. Long-term perspective After falsely piercing the level of 105.55 and printing the 104.44 low, the price began an upwards pointing trend. But beginning with December 2019, the bulls were challenged, as the price began to have a hard time gaining any advancement. This […]
Read more