The Greenback went lower on Monday

The Greenback went lower on Monday

By: Darryl Frankfort | Where To Trade | On:Monday, 12 December 2016
Back

 The Greenback went lower on Monday, but no too far from its recent highs recorded ahead of the U.S. Federal Reserve meeting that is allegedly supposed to give a interest rate hike in the near future.
After European Central Bank's recent moves, euro remained under pressure. 
The Canadian dollar rose to its 8-week high against the American Dollar, helped by the oil prices on their rally. 

The U.S. Central Bank is expected to rise the interest rates on Tuesday, when the central bank of U.S. will have a two day meeting. Investors, on the other hand, seem to play the waiting game.

Expecting a higher inflation and strong infrastructure spending under Trump's administration,  investors have build the ground for the Greenback, giving it a strong position. 

Harumi Taguchi, principal economist at IHS Markit in Tokyo said : "The speed of the dollar's rise has been quite faster than anyone had expected, and we don't know much about what Trump's administration will actually do".

Earlier, the American dollar went down 0.1% to 115,25 Yen.
Euro stand flat at 1.0560 USD. Its flatness was due to European Central Banks' declaration that it will extend its bond-buying program by 9 more months, longer than investor's anticipated.

The European Central Bank's declaration also triggered pressure on U.S. Treasury yields, making dollar appealing to markets. At the last closing, the U.S. Treasury yields closed at 2.464%. Dollar was down at C$1.3121, its lowest since the month of October.
The dollar index was at 101.52, lower by 0.1%.  
The Canadian dollar went up by 4%, reaching its highest level since 2015. Its rise was due to OPEC and non-OPEC producers, that reached their first deal since 2001. 

 

Citigroup Inc. is to pay $25 million amends

Citigroup Inc. is to pay $25 million amends

By: Simon Furman | Where To Trade | On:Thursday, 19 January, 2017

Citigroup accepted to pay the amends without denying the accusation

Netflix added 7.1 million new subscribers

Netflix added 7.1 million new subscribers

By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

Netflix Inc. managed to add in the last quarter of 2016 more subscribers than expected

Oil prices increased on Thursday

Oil prices increased on Thursday

By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

In recent trading session the oil prices went at their lowest point

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

By: Darryl Frankfort | Where To Trade | On:Thursday, 19 January, 2017

 On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy

Gold prices tumbled on Thursday, during the European morning trade

Gold prices tumbled on Thursday, during the European morning trade

By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

The gold prices dropped below $1.200

StockPair

Press Release

YesOption Voted Best Technical Analysis by DailyForex

YesOption Voted Best Technical Analysis by DailyForex

August 12, 2014 - London, UK, - Leading online forex and binary options trading platform - www.yesoption.com has once again made the news by being awarded the prestigious award of ‘Best Technical Analysis of 2014’ ...
24option binary options broker review

24option binary options broker review

Plus500Findings.com is recently launched online to help traders decide which broker they could open an account. 24Option, one of the popular trading platform online is reviewed whether it is legitimate broker or scam. This reviews and findings are of great benefits for traders, especially for those novice ones, who are just starting in the trading industry. ...
Banc De Binary Expands Investment Research Service

Banc De Binary Expands Investment Research Service

Leading Investment Firm, Banc De Binary, which specializes in binary options trading, has added a new weekly video series and trading webinars to the investment research service that it provides to its clients. ...

Articles

Citigroup Inc. is to pay $25 million amends

Citigroup Inc. is to pay $25 million amends

Citigroup accepted to pay the amends without denying the accusation ...
Netflix added 7.1 million new subscribers

Netflix added 7.1 million new subscribers

Netflix Inc. managed to add in the last quarter of 2016 more subscribers than expected ...
The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy ...
StockPair

Featured Listings