Posts published in March 2011

Aussie, Will You Stop with Your Records?

The Australian dollar was little changed today, but earlier at this trading session it, guess what, reached the new record versus the US dollar. The Australian currency shows no sign…

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South African Rand Rises for Third Day vs. Dollar

The South African rand gained today, rising for the third straight day against the US dollar, as commodities rallied and market participants expect an increase of the interest rates. Gold and platinum, which makes up…

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Euro Gains as Inflation Grows

The euro went up today after the report showed that the inflation in the Eurozone unexpectedly accelerated in March, increasing the bets that the European Central Bank will raise the interest rates in April. The consumer…

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New Day, New Record for Aussie

The Australian dollar posted yet another all-time record versus its US counterpart before retreating. The gains was spurred the growing retail sales, but the unexpected drop of building approvals restrained…

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GBP/JPY Rises with Retail Sales & Services

The Great Britain pound climbed today versus the Japanese yen after the reports today showed that Britain’s retail sales and services industries improved, renewing the talks about the possible interest rates…

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Aussie Dollar Reaches New Record vs. US Dollar

The Australian dollar decided that its rally doesn’t need to stop and continued its ascent, posting the new record high versus the US dollar. The reason for the rally of the Aussie is the same as for other…

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Trade Surplus Makes New Zealand Dollar Stronger

The New Zealand dollar advanced today after the nation’s traded balance posted a surplus for the first time in eight months as commodity prices continue to advance. The New Zealand trade balance posted the surplus…

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