Posts published in December 2010

Taiwan Dollar Gains, Will Government Intervene?

The Taiwan dollar rose today as the foreign capital inflows and the rapid economic growth in Asia bolstered the attractiveness for the currency. Previously the Taiwan dollar fell from the highest level in 13 years on the speculation that…

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Canadian Dollar Gains vs. Greenback on Chinese Interest Rates

The Canadian dollar jumped today against its US counterpart as China kept interest rates unchanged, resulting in the advance of the commodities and the stocks and gains of the commodity currencies. The currency declined versus the euro as the North…

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Iraqi Dinar Weakens on Outlook for Budget Deficit

Iraqi dinar slipped today on the speculation that Iraqi budget would post the deficit next year, decreasing the appeal of the currency. The specialists predict that the budget deficit may reach $18 billion…

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Yen Falls vs. Dollar on Signs of Economic Recovery

The Japanese yen fell against the US dollar today on the signs of the economic recovery in the US, including the growing retail sales and the improving consumer confidence. The economists’ estimates show, before the tomorrow’s report, that…

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Aussie Rises on Employment Growth & Interest Rates Outlook

The Australian dollar rose today as the good reports this week signaled about the increasing pace of the economic recovery and on the outlook for the interest rates increases. The attractiveness of the Australian currency was boosted by the good employment…

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Euro Fluctuates on Disagreement How to End Europe’s Crisis

The euro slipped against the Japanese yen today as the division of the European leaders on the measures necessary to deal with the sovereign-debt problems may hamper the attempts to battle the crisis. The European currency fluctuated against the US…

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Higher House Prices Bolster Britain’s Pound

The Great Britain pound climbed today as the house prices rose and the European debt crisis increased the attractiveness of the sterling as the safe currency. The house prices grew 0.2 percent in November, posting the gains for the seventh…

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