Posts published in October 2013

Aussie Suffers from China’s News

The Australian dollar tumbled today as news from China resulted in risk aversion driving investors away from currencies with higher yield. News about monetary tightening in China resulted in wide-spread…

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Less Hawkish BoC Damages Canadian Dollar

The Canadian dollar demonstrated a sharp drop today as the Bank of Canada left interest rates unchanged and, what is more important, dropped hints of eventual interest hike from its statement.…

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