Author: admin_mm

December 21
2020

Do we get tax benefits on Personal Loan?

Personal loans are ideal and the most accessible means of raising finance. It is gaining momentum with various loan platforms coming up every day. They are unsecured, and the means are very easy to get. The amount can be received as per your creditworthiness. Although the interest rates are a bit higher given the risks […]

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December 18
2020

The solicitors Preston depends on for stress-free compensation claims

If you have had an accident at work, or in any other public space, and you think you could be entitled to compensation, you should entrust your claim to to solicitors Preston residents rely on again and again to handle their claims. A trustworthy experienced team is what you need to best negotiate this tricky situation. Have […]

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December 16
2020

eToro: History and Key Features

In 2007 in Tel Aviv, Israel, Yoni and Ronen Assia, a couple of brothers coming from a banker family, teamed up with David Ring and decided to create a retail solution for online brokerage. That’s how RetailFX, the first incarnation of eToro, was created. If you are interested in opening an account with this broker, […]

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December 11
2020

Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices

The Canadian dollar weakened against its US peer to close out the trading week, with energy prices and producer prices coming into focus. The loonie is still on track to record a modest weekly gain against the greenback, but its overall 2020 performance in the foreign exchange markets has been remarkable. According to preliminary estimates from Statistics Canada, the producer price index (PPI) slumped 0.6% in November, up from […]

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December 11
2020

Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent

The Sterling pound today plunged against the dollar after both EU and UK leaders said that the possibility of a no-deal Brexit was quite high at the moment. The GBP/USD currency pair fell on the reports given that many investors were hoping that the EU and UK would agree to a compromise deal. The GBP/USD currency pair today fell from a high of 1.3324 in the late Asian market to a low of 1.3184 in the early London session and was […]

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December 11
2020

USD/JPY 104.57 High Starting a New Bearish Leg?

The US dollar versus the Japanese yen currency pair seems to be under constant bearish pressure. Is this really so? Long-term perspective Following the 109.08 level false piercing, as the high of 109.85 highlights, the pair entered into a descending trend limited by the trendline that starts from 108.16. Like so, the trend extended until a hair away from the intermediary level of 103.15. From there, a convinced appreciation came into […]

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December 10
2020

Euro Rallies After ECB Extends Stimulus Plan by €500Bn, Maintains Rates

The euro today rallied higher against the dollar after the European Central Bank extended its stimulus programme and did not sound too dovish. The EUR/USD currency pair’s rally was also boosted by the upbeat market sentiment towards the single currency and the weak greenback. The EUR/USD currency pair today rallied from a low of 1.2078 in the Australian market to a high of 1.2158 in the American session but later gave up some of its gains.  […]

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December 10
2020

US Dollar Slumps Amid Worse-Than-Expected Initial Jobless Claims, Stimulus Standstill

The US dollar is struggling to hold onto its weekly gain against some of its key currency pairs as the number of Americans filing for first-time unemployment benefits surged to its highest level since September. Higher inflation and fiscal stimulus negotiations stuck at a standstill weighed on the greenback. How much more room is there for the buck to fall to wind down 2020? According to the Bureau of Labor Statistics (BLS), initial jobless claims […]

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December 10
2020

Pound Crashes Against Dollar on Brexit Talks Failure and Mixed UK Data

The Sterling pound today fell against the dollar fueled by news that there was no breakthrough in yesterday’s Brexit talks between the EU and UK leaders. The GBP/USD currency pair’s decline was also fueled by the mixed UK data released earlier today and the predominantly negative investor sentiment. The GBP/USD currency pair today fell from a high of 1.3389 in the Australian market to a low of 1.3332 in the early London session and was headed lower […]

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December 10
2020

Bears Might Put Pressure from 1.7132 on GBP/CAD

The Great Britain pound versus the Canadian dollar currency pair seems to be taken over by the bears. Can the bulls pull off a comeback? Long-term perspective The fall that came about after the validation of the firm resistance area of 1.7567 extended until the 1.6810 low. From there, the bulls started to recover, as the series of higher lows and highs suggest. During their path, the bulls validated as support each and every intermediate level they […]

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