Posts published in September 2009

Canadian Dollar Declines Further on Commodities

The Canadian currency, highly linked to commodities and equities markets fluctuations declined today as corrective movements affected stocks globally, as optimism is not as significant as last week among investors. The loonie, as often…

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Bank of England Forces Pound Down Once Again

The British currency is trading at record low levels versus the euro and the dollar as the national central bank affirmed that the real exchange rates for the pound may have been affected by the crisis,…

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FED Speculations Help Dollar’s Rally

The dollar started the week rallying versus most of the 16 main traded currencies in foreign-exchange markets, as speculations among traders suggest that the Federal Reserve will not extend the current economic stimulus…

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Brazilian Real Rises on Foreign Investment

The Brazilian currency ended a third week of straight gains versus the greenback, the pound and several other major currencies as optimism and risk appetite is pushing traders to inject money in South America’s wealthiest…

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Canadian Dollar Drops From Record High on Stocks

The Canadian currency did not manage to extend its rally that brought the loonie to the highest rate in one year as a corrective movement affected stocks today, influencing the loonie’s outlook negatively. The Canadian…

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Dollar Recovers on Banking Sector Concerns

After hitting several lows versus multiple currencies during the past days as risk appetite surged in equities markets, the dollar rebounded slightly towards the end of this week’s session, as concerns regarding…

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Polish Zloty Declines on Central Bank Concerns

The Polish zloty, one of the best performers among the Eastern EU members currencies this year had its rally halted today as the national bank indicated that a strong currency may jeopardize…

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Will the Pound Trade at 1-to-1 Versus the Euro?

The pound continued to decline today versus most of the 16 main traded currencies on concerns that Lloyds Plc financial conditions are far from being sustainable, increasing speculations that the British…

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Mexican Peso Decline on U.S. Jobless Claims

After rallying for several days in a row together with most emergent market currencies as optimism rose globally, the Mexican peso had its first decline versus majors as jobless claims are…

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Canadian Dollar Raise National Bank Concerns

The Canadian dollar, which traded near the highest level since October last year as risk appetite is once again strong in commodities and equities markets, may influence negatively the North American…

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