Posts published in June 2009

Pound Drops After Rise in Unemployment

The pound posted losses versus the main currencies after a bearish day in the stock market followed by a rise in the United Kingdom unemployment figures, damping demand for the…

Read More

Canadian Dollar Falls as Crude Oil Price Declines

The loonie posted the sharpest fall in 4 days against all major currencies, interrupting a bullish trend as the price of crude oil stopped its rally, damping demand for the Canadian currency high-yielding profile. The Canadian…

Read More

Dollar Climbs Before G-8 Meeting

After several days of losses, the greenback rebounded, ending the week with a rather neutral performance before a G-8 meeting, where Timothy Geithner may state in favor of a strong U.S. dollar.…

Read More