- 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: April 20, 2020
April 202020
Chinese Yuan Flat As PBoC Slashes Benchmark Loan Rate
The Chinese yuan is barely budging against its G10 currency competitors on Monday, despite the central bank showing its willingness to get serious about monetary easing. Investors may be trying to see if China can successfully hit the reboot button after last weekâs worse-than-expected gross domestic product (GDP) reading for the first quarter. It is evident that Beijing will employ every fiscal and monetary […]
Read more
April 202020
Euro Recovers After Mixed Economic Data, Supported by Plans for Easing Lockdown
The euro opened sharply higher today but has erased losses against the majority of its most-traded peers by now. The traders’ cautious mood was weighing on the currency, but hopes about an end to lockdown in the foreseeable future were supporting the euro. Eurozone macroeconomic data released over Monday’s trading session was mixed. Destatis reported that the German Producer Price Index fell by 0.8% in March, both on a monthly and annual basis. Analysts […]
Read more
April 202020
Japanese Yen Moves Lower After Exports Collapse
The Japanese yen opened sharply higher against its most-traded rivals today but immediately started to move lower and continued its decline after the release of a poor report on the Japanese trade balance. Japan’s Ministry of Finance reported that the trade balance logged a deficit of Â¥0.19 trillion in March after logging a surplus of Â¥0.48 trillion in February. Economists were expecting a smaller deficit of Â¥0.11 trillion. Exports dropped by 4.1% — the steepest decline […]
Read more
April 202020
NZ Dollar Flat-to-Higher on CPI, Easing Lockdown Restrictions
The New Zealand dollar traded flat or higher against its most-traded counterparts today. There were two reasons for the currency’s good performance: the government’s plans to ease the lockdown restrictions and positive inflation data released today. New Zealand Prime Minister Jacinda Ardern announced that the government will reduce the threat level one notch to three next week, allowing some businesses to open. That should benefit the nation’s economy […]
Read more