Posts published in March 2010

Dollar Down on Renewed Global Confidence

After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday’s session losing versus important worldwide currencies, as risk appetite brought…

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Canadian Dollar Falls as Rally Slows

The Canadian dollar dropped versus 9 of most traded currencies this week on concern among speculators that its rally won’t last. The Canadian currency fell against the euro as European government’s…

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Euro Bleeds with Portugal Downgrade

The euro declined versus all of the 16 main traded currencies this Wednesday as Portugal started to raise concerns strongly, after an important financial agency cut its credit rating for the first time,…

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Canadian Dollar Retrieves Bullish Path

The Canadian dollar advanced for the first time this week this Tuesday, as markets with strong correlation with the loonie provided support for the currency to gain specially versus its U.S. counterpart, but…

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Euro: Who Will Rescue Greece?

The European single currency declined sharply in a day of strong volatility this Thursday as neither Greek officials nor ECB officials have found a solution to solve Greece’s budget deficit’s issues, in a drama…

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Dollar Ends Week Advancing on Uncertainties

The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week’s trading session as multiple events worldwide set risk aversion to higher levels,…

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Recession’s Return Sets Pound Down

The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week’s session, setting the pound to plunge once again…

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Loonie’s Rally Ends on Oil Drop

The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw…

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