Posts published in January 2010

Pound Ends Week Falling on Retail Sales

The U.K. currency retreated from a previous advance versus the euro as attractiveness for the currency declined after a report showed worse than expected numbers for monthly retail sales in Britain before the end of this…

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Canadian Dollar Falls Further on Retail Sales

The Canadian currency is going to end this week with the worst performance since the year started, as commodities and stocks declined during most of the week and today a retail sales report showed negative…

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Canadian Dollar Down on China, U.S. Statements

The Canadian dollar was one of the most affected currencies by a new wave of risk aversion today as the country’s currency has a strong correlation with stocks and commodities markets, which fell significantly on statements…

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Yen Best Performer on Trading Restrictions

The yen outperformed most of the 16 main traded currencies after the U.S. President affirmed that financial institutions must have their operations regulated in order to avoid speculations, raising risk aversion…

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U.K.’s Budget Deficit Halts Pound Rally

The pound dropped yesterday and today ending a winning streak of more than a week versus several currencies as the country’s budget deficit increased to an all time record high, showing that despite positive…

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New Zealand Dollar Rebounds on Retail Sales

After losing significantly during most of this Wednesday’s session as risk aversion prevailed globally, the kiwi rebounded in currency markets as retail sales advanced in the country reviving the confidence regarding the Southern Pacific…

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Brazilian Real Drops Further on Risk Aversion

The Brazilian real touched the weakest level in a month as risk aversion remained predominant in today’s trading session globally, since equities and commodities markets continued to follow a bearish trajectory in most of the key-economic regions…

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