Posts published in October 2013

Budget Impasse Continues to Weigh on Greenback

The current budge impasse continues to weigh on the greenback today, sending the currency lower against the euro and the pound. US dollar has managed to log gains against the Japanese yen, but the dollar index…

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Euro Gets Boost from Jobs Data, German Improvements

Euro is getting a boost today, thanks in large part to the latest jobs data, and to improvements in Germany’s economic data. Germany is seeing an increase exports, and there is a decline in the eurozone’s jobless…

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Aussie Rallies as Business Confidence Improves

The Australian dollar rallied today despite concerns about the situation in the United States that made the currency drop yesterday. The Aussie profited from improving business confidence. The business confidence index of the National…

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Pound Recovers as Optimism Returns

The Great Britain pound erased its losses versus the US dollar and rose against the Japanese yen as positive macroeconomic data revived optimism for recovery in the United Kingdom. Analysts’ pessimistic expectations about…

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