Posts published in June 2009

Yen Continues Fall as Demand For Yield Rises

The Japanese currency had a day of losses against major currencies and higher-yielding assets as the global slump eases, improving investor’s confidence to take riskier positions. The yen has been…

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Canadian Dollar Climbs on Oil Rise, Stocks Rebound

The loonie posted significant gains versus the U.S. dollar as the crude oil continued to advance and optimistic speculations about the world economy brought stock markets up. Canada’s dollar posted the highest gains in 59 years…

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Dollar Climbs on Interest Rates Raise Speculations

The dollar gained versus the main currencies as speculations that the U. S. Government will raise its interest rates by the end of the year, consequently causing a bearish day in equities markets around the world. High-yield currencies…

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Pound Falls as Government Crisis Deepens

The British pound fell sharply versus the euro and the dollar as a fifth U.K. minister resigned, increasing the already significant concerns on Gordon Brown’s government stability and the…

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