Fri, March 29, 2024

Brexit

dollar, Internal and external factors

The U.S. dollar declined by 0.1%, euro rose 0.2%

After boosting for three straight sessions, the U.S. dollar declined on December 23, as risk appetite increased on the expectation of an imminent Brexit trade deal between the United Kingdon and the European Union. The British pound and the euro took off versus the U.S. dollar after the Brexit headlines, as did risk-sensitive currencies such …

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dollar and euro

The euro and pound increased, the dollar fell by 0.1%

On December 23, the euro increased to $1.22, and the greenback declined as foreign exchange traders looked beyond U.S. President Donald Trump’s threat to block an $892 billion coronavirus aid package. However, foreign exchange markets were little changed, with the greenback falling and currencies deemed riskier, such as the Australian dollar, making substantial gains. Significantly, …

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Stock trading and useful tips

Interactive Brokers Wants Its Clients to Migrate to Hungary

Interactive Brokers has asked the European clients to migrate their accounts to its subsidiary in Hungary. Interactive Brokers Headquarters is in Connecticut and the new subsidiary is called the Interactive Brokerage Central Europe Zrt (IBCE). The brokerage is sending emails to its clients across Eastern Europe seeking their approval on the migration. They want them …

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The jobless rate increased in the three months to October. The state of the local economy is far from being ideal. The U.K. and main challenges.

Jobless Rate in the U.K. Reached Highest Level

Millions of people around the world lost their jobs due to the coronavirus pandemic, and many of them are still looking for a job. Importantly, Britain’s jobless rate rose again in three months to October. Notably, redundancies reached a record level as companies suffered losses as a result of new coronavirus restrictions. Moreover, companies prepared …

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Dollar bills close up

Dollar on the Defensive, Pound Buoyed by Brexit Hopes

The dollar declined near 2 1/2-year lows in forex on Wednesday. Progress toward a massive U.S. government spending bill and COVID-19 relief measures stimulated risk appetite. It is sapping demand for the safest assets. Also buoying sentiment was the U.S. expanding its roll-out of a vaccine from Pfizer Inc and German partner BioNTech SE. Another …

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