The Australian dollar versus the Canadian dollar currency pair was brought by the bears at the 0.8918 support. Will it have the necessary strength for a strong upwards leg? Long-term perspective After printing the low of 0.8835, the price began a movement towards the north. But most of the development that followed was limited by the resistance of 0.9093 — and supported by 0.9010. Once out of this consolidation phase, the price revisited 0.8918, under a clear bearish pressure. But … “AUD/CAD Could Be on Its Way to 0.8835”
Month: January 2020
Euro Mixed amid Spreading Coronavirus Fears, Worsening German Business Climate
The euro was mixed today amid spreading fear of the coronavirus that has started in China. The shared 19-nation currency fell versus its safe counterparts but performed better versus other rivals. The euro was particularly strong against commodity currencies. There was just one major macroeconomic report released in the eurozone today, and it was unfavorable to the region’s currency. The death toll from the virus has reached 81 … “Euro Mixed amid Spreading Coronavirus Fears, Worsening German Business Climate”
Chinese Yuan Plunges to 2020 Low As Coronavirus Spreads
The Chinese yuan is plunging to its lowest level of 2020 as the Wuhan coronavirus outbreak intensifies. Despite the worldâs second-largest economy showing signs of a rebound, the consensus is that China will reverse its gains and struggle to stay afloat, especially if some reports that the virus will intensify in April and May are correct. Health authorities say that at least 81 people in China have died, and there are at least … “Chinese Yuan Plunges to 2020 Low As Coronavirus Spreads”
AUD: Market Reaction To A SARS-Like Even Would Be Very Different Now Than In 2003 – ANZ
The Australian dollar, a risk currency, has been on the back foot as the coronavirus outbreak is worsening. However, the reaction to this disease will likely be different than the previous such event. Here is their view, courtesy of eFXdata: ANZ Research revisit the impact of SARS on AUD rates in 2003. The outbreak of a … “AUD: Market Reaction To A SARS-Like Even Would Be Very Different Now Than In 2003 – ANZ”
AUD/USD Set His Destination for 0.6700
The Australian dollar versus the US dollar currency pair was not able to maintain its ground above 0.6850. As a consequence, the south is the current destination, unless 0.6850 was only falsely pierced. Long-term perspective After the confirmation as support of the 0.6700 psychological level, the price unleased a strong bullish profile, one that was able to pierce and depart from the resistance line of the descending channel, extending until the 0.7013 level. But … “AUD/USD Set His Destination for 0.6700”
PPE must haves for any workplace
Providing a workplace with appropriate PPE will help protect employees from a variety of potential health and safety risks. All workplaces should endeavour to provide clear procedures, training and adequate supervision to improve levels of safety, but there are often still risks or hazards which require a range of PPE. When considering which items of … “PPE must haves for any workplace”
An Easy Guide to Accounting for Small Businesses in the UK
The question for all small business owners ask is: What Are My Accounting Responsibilities? If you are considering or have already made a limited company formation in the UK you are no doubt aware that you have a legal responsibility to submit your annual accounts to the Inland Revenue. The best course of action however, … “An Easy Guide to Accounting for Small Businesses in the UK”
Your 10-Step Guide on How to Start an Assisted Living Facility
Assisted living facilities come with their challenges. Check out this 10-step guide on how to start an assisted living facility and mitigate risks! There are more than 15,000 assisted living facilities in the U.S. That number is expected to grow substantially over the course of the next 30 years. By 2050, the elderly population is … “Your 10-Step Guide on How to Start an Assisted Living Facility”
Love Pets? Top Startup Ideas for You
The domestic animal (pet) industry is buoyant with pet care said to be one of the most recession proof sectors around. Maybe this is why there are many successful franchises operating, from short stay and daycare centres, to training and exercise gyms and speciality stores. In business, we’re told to do something we love and … “Love Pets? Top Startup Ideas for You”
Starting a Taxi Service Business
Running a taxi business can be a hugely profitable and rewarding job. Being your own boss can be a great way to get out of the grind and become an important service for your local community and beyond. So, if you’re looking at a career as a taxi driver or taxi service owner, let’s look … “Starting a Taxi Service Business”