Posts published in September 2011

Canadian Dollar Falls with Employment

The Canadian dollar fell today for the second day against its US counterpart and the Japanese yen, heading to parity with the greenback, after the report showed that employment in Canada unexpectedly dropped and unemployment…

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ECB Keeps Rates Unchanged, Euro Falls

The euro weakened today, falling for the second day against the dollar and the yen, after the European Central Bank maintained its key interest rate unchanged yesterday. The ECB left its target minimum…

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South Korea Keeps Rates Unchanged, Won Down

The South Korean won fell today after the nation’s central bank decided to keep its main interest rates unchanged, signaling that the economic recovery is faltering. The Bank of Korea maintained…

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BoC Maintains Interest Rates, Canadian Dollar Climbs

The Canadian dollar jumped against its US counterpart as the Bank of Canada announced, after deciding to keep the target lending rate unchanged, that it’s expecting the economic growth to resume in the second half…

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More Bad Macroeconomic Data from UK, Pound Hurt

The Great Britain pound slid versus the euro and the Japanese yen today after the macroeconomic data showed that industrial production slowed in July and house prices declined last month. Both results…

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Aussie Gains as Australian Economy Grows

The Australian dollar rallied today, ending the three-day decline against the US dollar, after the report showed that the Australian economy grew more than expected in the second quarter. The Australian Bureau of Statistics…

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