- 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: November 3, 2020
November 32020
Australian Dollar Soars Despite Interest Rate Cut from RBA
The Australian dollar was the strongest currency on the Forex market today even though the Reserve Bank of Australia expanded its stimulus more than was expected. Market analysts explained the currency’s stellar performance by the risk-positive market sentiment and the sell-off of the US dollar. While markets were expecting an interest cut from the RBA, the central bank was still able to provide a surprise, announcing a whole slew of stimulating measures, namely: -a reduction in the cash […]
Read more
November 32020
Euro Rallies Against the Dollar As the US Elections Unfold
The euro today rallied to new 5-day highs against the US dollar as the US Presidential election day caused the dollar to selloff against other currencies. The EUR/USD currency pair’s rally was driven by the upbeat market sentiment, which also fueled a rally in the equity markets led by the Dow Jones and Nasdaq. The EUR/USD currency pair today rallied from a low of 1.1641 at the Australian open to a high of 1.1740 in the early American session and was trading […]
Read more
November 32020
USD/CHF Slides As FX Markets Prepare for Raucous 2020 Election
The Swiss franc is carving out a direction on Tuesday as investors brace for the 2020 US presidential election, comb through the latest inflation and manufacturing data, and determine if Switzerland can successfully mitigate COVID-19 without decimating the economy. With the world in the home stretch of a raucous 2020, can the conventional safe-haven asset continue its appreciation by yearâs end? According to the Swiss Federal Statistical Office (SFSO), consumer prices declined 0.6% year-over-year […]
Read more
November 32020
Are Bulls Still Targeting 1.3000 on GBP/USD?
The Great Britain pound versus the United States dollar currency pair seems to be willing to go along with the bulls. Are they able to keep up and resume the climb? Long-term perspective After the price validated the 1.2092 support area, the price extended until the 1.2777 intermediary level, crafting the 1.2818 high. The correction swing that followed defined the higher low of 1.2251, and, with it, the new ascending trend was […]
Read more