Posts published in March 2010

Greek-IMF Funding Threat Pulls Euro Down

The European single currency slid for another day versus most of the 16 main trades ones in forex markets as Greece and the EU are exchanging accusations towards each other regarding the southern country…

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Loonie to Reach Parity with Greenback?

After a rather gloomy start of the year for the loonie as investors returned to the U.S. as its economy picked up in the two moths of 2010, the Canadian dollar is once again making its way towards…

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Dollar Suffers from Fed Rates Policy

The dollar has started this week losing versus important currencies after the Federal Reserve made dovish statements regarding the country’s interest rates outlook, shunning investors to purchase assets in North…

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U.K. Housing Data Boosts Pound’s Rally

The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards…

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Dollar Down Before Weekend on Riskier Bets

Currencies tied to growth outperformed the U.S. dollar as risk appetite was predominant before foreign-exchange markets closed this Friday, considering that retail sales in North America expanded in the monthly comparison,…

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Who Can Stop the Loonie?

The loonie ended this Thursday posting an amazing result of 10 straight days of advance versus its U.S. counterpart and also gaining versus multiple important currencies as risk appetite has been…

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Inflation Outlook Fuels Demand for British Pound

The British pound gained versus currencies from its main trading partners as odds that inflation will rise in the United Kingdom spurred demand for assets in the country, as it could lead to a series…

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NZ Dollar Down on Rates Dovish Comments

After gaining for two consecutive days versus important currencies like the euro and the U.S. dollar, the kiwi currency didn’t manage to sustain its trend after central bankers in the country affirmed that…

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