Businesses today are abandoning the traditional brick-and-mortar stores in favor of the more modern digital e-commerce websites. The advantages of this transition are vast and varied, and it’s a smart move in terms of expanding your reach and increasing your profile. Of course, not everything related to digitizing your business is good news. While it’s … “4 Reasons Why Penetration Testing Should Be in Your Cybersecurity Plan”
Author: admin_mm
5 Benefits Of Having A Dog At The Office
The lives of humans and animals have been entwined for hundreds of years, and we rely on them to assist us in our work including, search and rescue, recovery, security and biosecurity. The dog’s sense of smell is also indispensable for detecting prohibited substances like narcotics, so they’re at work in airports, correctional facilities and … “5 Benefits Of Having A Dog At The Office”
AUD/CAD Trading at the 0.9100 Psychological Level
The Australian dollar versus the Canadian dollar currency pair is driven by the bulls. Will the bears be able to make their presence felt? Long-term perspective After the rotation that unfolded above the 0.8918 level and which led to the termination of the descending trend, the price entered into a consolidation phase that stretches between the 0.9137 high and 0.8963 low. But this range has some bullish marks attached to it. Firstly, most … “AUD/CAD Trading at the 0.9100 Psychological Level”
Canadian Dollar Dips As Economy Contracts In October
The Canadian dollar is trading a bit lower against multiple currency competitors to start the trading week, driven by a recent string of disappointing economic numbers, including a surprising economic contraction in October. The loonie has still been one of the best-performing currencies among G20 nations, but anemic growth could affect its performance heading into 2020. According to Statistics Canada, the gross domestic product (GDP) contracted 0.1% in October, down … “Canadian Dollar Dips As Economy Contracts In October”
Pound Crashes to New 3-Week Lows as Boris Pushes for Hard Brexit
The Sterling pound today crashed to new 3-week lows against the US dollar amid fears that Boris Johnson was pushing for a hard Brexit. The GBP/USD currency pair today fell from the early London session as investors sold the pair following Friday’s passage of the Brexit Withdrawal Bill. The GBP/USD currency pair today fell from a daily high of 1.3031 in the early London … “Pound Crashes to New 3-Week Lows as Boris Pushes for Hard Brexit”
Euro Falls on Low Liquidity and Market Sentiment, Rallies on US Data
The euro today rallied from its daily lows following the release of weak US durable goods orders in the early American session. The EUR/USD currency pair had fallen earlier in the session amid low liquidity ahead of the Christmas holiday break. The EUR/USD currency pair today fell to a low of 1.1070 in the mid-European session before rallying to a high of 1.1095 in the American … “Euro Falls on Low Liquidity and Market Sentiment, Rallies on US Data”
AUD/NZD on Its Way to 1.0530
The Australian dollar versus the New Zealand dollar currency pair is, slowly but surely, heading towards higher prices. Are there any possible obstacles? Long-term perspective After falsely piercing the 1.0837 resistance and peaking at 1.0865, the price began a very bearish movement, one that brought it at the weekly support of 1.0361. On its way here it also pierced another important support, namely 1.0530. For the time being, … “AUD/NZD on Its Way to 1.0530”
Mexican Peso Demonstrates Good Performance Despite Interest Rate Cut by Banxico
Friday’s performance of the Mexican peso was rather good considering that Mexico’s central bank decided to cut interest rates. The currency was about flat versus the US dollar and even managed to gain on the extremely weak euro. The good performance could be explained by the fact that the bank refrained from a deeper cut and its policy statement sounded less dovish than expected. The Bank of Mexico announced a cut of its key … “Mexican Peso Demonstrates Good Performance Despite Interest Rate Cut by Banxico”
Canadian Dollar Drops After Shockingly Poor Retail Sales
The Canadian dollar fell during Friday’s trading session due to surprisingly poor retail sales data and falling crude oil prices. The currency trimmed losses later, though, and even managed to gain on some of its rivals. Statistics Canada reported that retail sales dropped by 1.2% in October. That was a total surprise to market participants, who were counting on an increase of 0.5%. The main contributor to the decline were lower sales at motor … “Canadian Dollar Drops After Shockingly Poor Retail Sales”
Swedish Krona Mixed After Rallying on Interest Rate Hike
The Swedish krona fell a little against the strong currencies like the US dollar and the Great Britain pound but jumped versus the vulnerable euro today. Yesterday, the currency rallied thanks to the much-anticipated interest rate hike from Sweden’s central bank. Riksbank decided at yesterday’s monetary policy meeting to raise its benchmark interest rate from -0.25% to zero. That makes it the first central bank to exit negative interest rates … “Swedish Krona Mixed After Rallying on Interest Rate Hike”