Posts published in November 2013

Indonesian Rupiah Drops After Failed Debt Auction

The Indonesian rupiah dropped today after the nation’s debt auction failed and as investors were selling Indonesian assets. Indonesia sold $190 million of bonds yesterday, trailing the $450 million target. It…

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Rally of Australian Dollar Fails

The Australian dollar was rising at the start of today’s trading session, but the rally failed and the currency is trading below the opening level right now. Reserve Bank of Australia Deputy Governor Philip…

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Dollar Outlook: Thin Trading, Mixed Behavior

The US dollar demonstrated mixed performance in the previous week. Analysts think that the same may happen this week too. On one hand, the minutes of the latest Federal Reserve monetary policy meeting…

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Australian Dollar Battles Adverse Fundamentals

The Australian dollar was flat against its US peer and rose versus the Japanese yen. The general positive market sentiment helped the currency to battle negative domestic fundamentals. The Australian currency was…

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Political Protests Make Thai Baht Less Appealing

The Thai baht slipped today as political tension was mounting in Thailand and people were protesting against the current government, demanding the Prime Minister to step down. More than 100,000 people went…

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Yen Weaker on Iranian Deal

The Japanese yen fell today as deal was reached about the Iranian nuclear program, allowing the Middle Eastern country to enrich uranium for peaceful purposes. Iran agreed to limit is nuclear program,…

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