- 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 18, 2020
November 182020
Canadian Dollar Strengthens Despite Higher-Than-Expected Inflation
The Canadian dollar is strengthening against its US currency peer on Wednesday, despite price inflation coming in higher than the market forecast. Although the loonie has fallen against the greenback this year, the Canadian dollar has been making gains in recent months, allowing the currency to stabilize after enormous volatility in the first half of 2020. According to Statistics Canada, the consumer price index (CPI) rose 0.4% in October, up from […]
Read more
November 182020
Australian Dollar Holds Steady as Optimism Wanes
The Australian dollar held its ground today despite waning optimism about the coronavirus vaccine. Domestic macroeconomic data released in Australia on Wednesday was not great but not terrible either. The Australian Bureau of Statistics reported that the Wage Price Index rose by 0.1% in the September quarter from the previous three months. Analysts were expecting the same 0.2% rate of growth as in the previous quarter. Year-on-year, the index rose by 1.2%. The six-month […]
Read more
November 182020
Sterling Pound Rallies Against Dollar on Upbeat UK Inflation Data
The Sterling pound today surged against the dollar boosted by the upbeat British inflation report released early in the morning and the positive investor mood. The GBP/USD currency pair’s rally was also fueled by investor hopes that the UK and EU will reach a post-Brexit trade deal before the fast-approaching December 31 deadline. The GBP/USD currency pair today rallied from a low of 1.3243 in the Japanese session to a high of 1.3280 in the early London session and was […]
Read more
November 182020
NZ Dollar Stable as Markets Enter Consolidation Mode
The New Zealand dollar was stable today as markets have entered a consolidation mode after optimism caused by the positive coronavirus vaccine news earlier this week started to wane. Macroeconomic data released in New Zealand overnight was mixed. Statistics New Zealand reported that the output Producer Price Index fell by 0.3% in the September quarter after falling by 0.2% in the previous three months. Experts were not expecting any […]
Read more
November 182020
Can the Bulls Send the Price to 1.0707 on AUD/NZD?
The Australian versus the New Zealand dollar currency pair seems to be searching for a resistance area. But could the bears take advantage of this context? Long-term perspective After the low of 1.0566 was printed, the market started a new rally, one that would etch the 1.1043 high. As the bears considered that the bulls overextended, they sent the price beneath 1.0983, thus leaving the bulls with no support to continue their movement […]
Read more