Posts published in April 2010

Rising Stocks & Oil Prices Drive Loonie Up

The Canadian dollar rose against its U.S. counterpart for a second day and gained versus other major currencies today after the crude oil prices and the stocks advanced, signaling about the widening economic…

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Confidence in Sterling’s Strength Improves

The Great Britain pound gained today on the speculation that the nation’s budget deficit will be dealt with even in case the election would produce the government without the majority in the Parliament. The confidence in the Britain’s…

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Increasing Rates Push Brazilian Real Up

The Brazilian real advanced today against the U.S. dollar, supporting the bullish outlook for the currency, which was prompted by the increasing interest rates. Henrique Meirelles, the president of the Brazil’s central bank, increased the benchmark…

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Confidence in European Economy Increases, Helping Euro

The euro rose today on the signs of the increasing confidence in the Euro-zone economy, supported by the outlook for the fast-paced economic recovery, despite the threat of the budget deficit spreading beyond Greece that plagues Europe. The European companies…

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Canadian Dollar Goes Up on Rising Stocks

The Canadian dollar advanced today against its U.S. counterpart and some other major currencies after the U.S. stocks rose more than estimated and as the investors demand for the currencies of the nations with the strong…

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