Posts published in January 2010

Dollar Advances on Fed Hawkish Tone

The U.S. dollar advanced versus several key currencies after a Federal Reserve statement announcing that a number of stimulus to help the economic recovery will be lifted, as according to central bankers, the economy…

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Euro Slides on Stocks Regional Drop

The European market outlook continued to grow pessimistic today as equities dropped in the region forced by raising concerns that economic stimulus will be lifted in the region, and uncertainties regarding the region’s financial stability…

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Yen Climbs on Market Sentiment Pessimism

The yen continued to profit from a favorable scenario for refuge currencies as traders are increasingly concerned regarding the economic trends for 2010, as requirements for bank loans are becoming stricter, fact which could…

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Brazil Real Remains Near 2010 Record Low

The Brazilian real continued to be influenced by bearish equities and commodities markets and did not manage to pare gains after falling during the most of the time last week. Brazil is one of the main…

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Australian Dollar Pare Losses on Inflation

The Australian dollar managed to gain versus lower-yielding currencies before a report to be released this week in the country is likely to show an advance in inflation in the last year’s last quarter, helping speculations…

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Stocks Push Loonie Further Down

The Canadian dollar continued its last week trajectory this Monday as markets that have strong correlation with its price operated on the red globally, forcing the loonie down versus virtually…

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Pound Bullish Before GDP Report

The pound rose in the beginning of this week’s trading session before a gross domestic report to be published tomorrow in the U.K., which according to forecasts will show positive figures, making the Great Britain…

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Yen More Attractive on Renewed Risk Aversion

The yen ended the week with a very positive performance versus most of the main traded currencies as a new wave of risk aversion brought traders to purchase assets in the Asian country, since the yen is…

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