Posts published in November 2012

Swedish Krona Dips as Manufacturing Contracts

The Swedish krona declined today as Sweden’s manufacturing index dip further last month as exporters struggled amid the European fiscal crisis. The unfavorable data spurred speculations that economic growth this…

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Yen Remains Weak as Stimulus Speculations Persist

The Japanese yen remained weak today ahead of the Bank of Japan’s policy meeting minutes tomorrow amid speculations that the central bank will ease its policy further. The risk-positive market sentiment…

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CAD Remains Flat After Data Shows GDP Decline

The Canadian dollar rose yesterday amid returning risk appetite, but trimmed its gains as Canada’s economy unexpectedly shrank in August. Today, the currency remained almost flat, waiting for more news…

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