- 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?
Forex News
December 62016
Turkish Lira Jumps Against US Dollar
The Turkish lira climbed against the US dollar today, easing the pressure on the nation’s central bank to act in defense of the currency and its inflation goal. Analysts speculate that the weakening lira increases upward risks to inflation, which have already prompted the Central Bank of the Republic or Turkey to increase interest rates in November. Turkish President Recep Tayyip Erdogan called for protection of the currency, claiming that its drop was the result of efforts from […]
Read more
December 62016
Australian Dollar Struggles to Rebound
The Australian dollar has started the decline by the end of the previous trading session and extended its drop into the current session, even though news from Australia was somewhat positive for the currency. With that said, the Aussie is trying to rebound currently and managed to erase losses against some of its rivals and trim them against others. The Reserve Bank of Australia provided no surprises, leaving its main interest rate at 1.5% […]
Read more
December 62016
Australian Dollar Struggles to Rebound
The Australian dollar has started the decline by the end of the previous trading session and extended its drop into the current session, even though news from Australia was somewhat positive for the currency. With that said, the Aussie is trying to rebound currently and managed to erase losses against some of its rivals and trim them against others. The Reserve Bank of Australia provided no surprises, leaving its main interest rate at 1.5% […]
Read more
December 52016
Australian Dollar Mixed After Australian & Chinese Data
The Australian dollar rose against such currencies as the US dollar and the Japanese yen during Monday’s trading but fell against the very strong euro and traded flat versus the Swiss franc. The Australian Industry Group Services Index rose from 50.5 to 51.1 in November. Australia’s company gross operating profits rose just 1.0% in the September quarter from the previous three months, much less than analysts had promised (3.1%). […]
Read more
December 52016
Australian Dollar Mixed After Australian & Chinese Data
The Australian dollar rose against such currencies as the US dollar and the Japanese yen during Monday’s trading but fell against the very strong euro and traded flat versus the Swiss franc. The Australian Industry Group Services Index rose from 50.5 to 51.1 in November. Australia’s company gross operating profits rose just 1.0% in the September quarter from the previous three months, much less than analysts had promised (3.1%). […]
Read more
December 52016
British Pound Falls as Euro Rebounds from Early Losses
The British pound retreated against the euro on Monday, after touching its highest level in 5 months versus the shared currency. The euro recovered from all of its earlier losses today, which it had recorded following a constitutional referendum in Italy. Italian voters chose to shoot down amends to the nationâs constitution, which were put forward by Italian Prime Minister Matteo Renzi and his Democratic Party. 59.1% of voters refused […]
Read more
December 52016
British Pound Falls as Euro Rebounds from Early Losses
The British pound retreated against the euro on Monday, after touching its highest level in 5 months versus the shared currency. The euro recovered from all of its earlier losses today, which it had recorded following a constitutional referendum in Italy. Italian voters chose to shoot down amends to the nationâs constitution, which were put forward by Italian Prime Minister Matteo Renzi and his Democratic Party. 59.1% of voters refused […]
Read more
December 52016
US Dollar Reverses Gains Achieved Against Euro After Italyâs Referendum
The dollar experienced strong volatility on Monday as a major political event in Europe raised the anxiety of currency traders and forced the euro to be subjected to rapid movements against the US currency. A constitutional referendum, which took place in Italy on Sunday, revealed that the nation refused constitutional reforms that were suggested by Italian Prime Minister Matteo Renzi. The crushing defeat in the referendum prompted Renzi to announce that he will be resigning from […]
Read more
December 52016
US Dollar Reverses Gains Achieved Against Euro After Italyâs Referendum
The dollar experienced strong volatility on Monday as a major political event in Europe raised the anxiety of currency traders and forced the euro to be subjected to rapid movements against the US currency. A constitutional referendum, which took place in Italy on Sunday, revealed that the nation refused constitutional reforms that were suggested by Italian Prime Minister Matteo Renzi. The crushing defeat in the referendum prompted Renzi to announce that he will be resigning from […]
Read more
December 52016
Euro Demonstrates Volatile Swings After Italian Referendum
The euro fell sharply after the Italian referendum resulted in rejection of proposed reforms and resignation of the country’s leader. Yet the currency bounced even more sharply after markets digested the news. On Sunday, constitutional reforms proposed by Prime Minister Matteo Renzi were met with resounding “no” from voters. As he promised, Renzi announced resignation after the negative outcome of the voting. Initially, markets reacted with panic to the news, and speculations started […]
Read more