Posts published in October 2013

Canadian Dollar Retains Losses

The Canadian dollar retained its yesterday’s losses today that were caused by the abysmal building permits data. Worries about the US budget impasse did not help the currency either. Canadian…

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Yen Rallies as US Budget Standoff Persists

The Japanese yen rallied as fear of a potential default in the United States made Forex traders to flock to safer currencies. There were hopes that US politicians will reach a compromise soon, but…

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Another Week of Weakness for Pound?

The Great Britain pound has shown signs of weakness last week even though at first it looked like the currency is going to rally to new highs. What important events are…

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