- 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
November 32016
Pound Surges After UK High Court Ruling
Great Britainâs pound advanced against the euro to touch its highest level in several weeks after a court in the UK ruled that the government needs parliamentary approval before starting the process of leaving the European Union. The ruling means that the Brexit referendum is not constitutionally sufficient for the British government to leave the European Union on its own. However, the government is appealing on the basis that the referendum was only done once the House […]
Read more
November 22016
Canadian Dollar Falls as Oil Prices Sharply Decline
The Canadian dollar lost its gains against the US dollar earlier today as a drop in oil prices overshadowed uncertainty about the presidential election in the USA. The weekly report for the official US crude stockpile figures from the Energy Information Administration revealed that crude inventories rose by 14.4 million barrels for the week ended October 28, which is more than the increase in stockpiles reported by the American Petroleum Institute yesterday at 9.3 million barrels. […]
Read more
November 22016
Canadian Dollar Falls as Oil Prices Sharply Decline
The Canadian dollar lost its gains against the US dollar earlier today as a drop in oil prices overshadowed uncertainty about the presidential election in the USA. The weekly report for the official US crude stockpile figures from the Energy Information Administration revealed that crude inventories rose by 14.4 million barrels for the week ended October 28, which is more than the increase in stockpiles reported by the American Petroleum Institute yesterday at 9.3 million barrels. […]
Read more
November 22016
US Dollar Hits Its Lowest in 3 Weeks Less Than a Week Before Election
The US dollar fell on Wednesday against most of the major currencies, including the euro, yen, and sterling ahead of the US presidential election that runs on November 8. The political tension in the USA is reducing tradersâ appetite for the nationâs currency as Republican presidential candidate Donald Trump moves closer in polls to Democrat Hillary Clinton after the FBI said last Friday that itâs opening an investigation into more emails related to Hillary Clintonâs […]
Read more
November 22016
US Dollar Hits Its Lowest in 3 Weeks Less Than a Week Before Election
The US dollar fell on Wednesday against most of the major currencies, including the euro, yen, and sterling ahead of the US presidential election that runs on November 8. The political tension in the USA is reducing tradersâ appetite for the nationâs currency as Republican presidential candidate Donald Trump moves closer in polls to Democrat Hillary Clinton after the FBI said last Friday that itâs opening an investigation into more emails related to Hillary Clintonâs […]
Read more
November 22016
NZ Dollar Gets Help from Surprisingly Good Economic Data
The New Zealand dollar rallied today, getting help from surprisingly positive domestic macroeconomic reports. Basically all economic data was good and even better than expected. Inflation expectations for the next two years were at 1.7% in the December quarter, virtually unchanged from the September quarter. The number of jobs rose by 1.4% in the September quarter from the previous three months, more than two times the forecast increase by 0.6%, as employment […]
Read more
November 22016
NZ Dollar Gets Help from Surprisingly Good Economic Data
The New Zealand dollar rallied today, getting help from surprisingly positive domestic macroeconomic reports. Basically all economic data was good and even better than expected. Inflation expectations for the next two years were at 1.7% in the December quarter, virtually unchanged from the September quarter. The number of jobs rose by 1.4% in the September quarter from the previous three months, more than two times the forecast increase by 0.6%, as employment […]
Read more
November 22016
Unexpectedly Steep Drop of Building Approvals Makes Aussie Soft
The Australian dollar was vulnerable today due to unexpectedly soft macroeconomic data. The currency logged a decline, though has trimmed it against some of rivals by now. Australian building approvals fell 8.7% in September from August after declining 1.8% in the previous reporting period. The drop was far bigger than the forecast 2.8%. Yesterday, the Aussie rallied as the Reserve Bank of Australia showed no intention to cut interest rates further, […]
Read more
November 22016
Unexpectedly Steep Drop of Building Approvals Makes Aussie Soft
The Australian dollar was vulnerable today due to unexpectedly soft macroeconomic data. The currency logged a decline, though has trimmed it against some of rivals by now. Australian building approvals fell 8.7% in September from August after declining 1.8% in the previous reporting period. The drop was far bigger than the forecast 2.8%. Yesterday, the Aussie rallied as the Reserve Bank of Australia showed no intention to cut interest rates further, […]
Read more
November 12016
Australian Dollar Records Limited Gains Despite Supportive Data
Australiaâs dollar started November off with gains against the US dollar as markets speculate that the Reverse Bank of Australia could be moving away from reducing its interest rates any time soon. The nationâs central bank took a decision earlier today to maintain its interest rates without any changes at 1.50%, stating strong conditions in the labor market, improved commodity prices and the stable economic situation in China as the main […]
Read more