Posts published in June 2011

Shrinking Trade Surplus Makes Kiwi Weaker

The New Zealand dollar fell against most its major peers today after the government report showed that the nation’s trade surplus shrank to almost half of its previous size. The New…

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US Dollar Rallies Ahead of Vote in Greek Parliament

The US dollar gained against most of its major counterparts as the concerns about the outcome of Greece’s vote for the bailout. The hopes for Greece among some investors allowed the euro to bounce after the decline. The European…

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Pound Regains Strength After Week of Losses

The Great Britain pound rose today against most major currencies, following the significant drop last week, on the speculation that the decline was overdone and the state of the UK economy isn’t bad enough…

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Week of Worries — Week of Gains for Franc

The Swiss franc gained almost every day against other currencies this week, resulting in an impressive weekly gain for the safe currency. Last week the franc was loser even as market participants…

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UK Economic Outlook Causes Weakness of Pound

The Great Britain pound went lower today as the outlook for the UK economy suggests that the nation’s central bank will stick to accommodative policy. The Bank of England minutes suggested that the prospects for Britain’s…

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Thai Baht Weak Ahead of Elections

The Thai baht fell today on the concerns about the coming elections and on the negative influence of the economic situation in the European Union. Market participants are afraid that the election on July 3 will increase the political…

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