Posts published in May 2013

Aussie Drops as Commodities Continue to Struggle

Australian dollar is heading lower today, dropping as commodities continue to struggle. With the Federal Reserve on the verge of pulling back its stimulus efforts, and concerns about global growth rising to the top,…

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Franc Rises as GDP Growth Beats Expectations

The Swiss franc rose today as economic growth in Switzerland exceed analysts’ expectations, attracting investors to the nation’s assets and supporting the currency’s role as a safe haven. Swiss gross domestic product expanded 0.6…

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Pound Rises with House Prices

The Great Britain pound advanced today as UK house prices grew this month amid hopes that the nation’s economy will recover. The Nationwide House Prices Index rose 0.4 percent…

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Euro Gets Boost from Confidence Report

Euro is getting a bit of a boost today, thanks in part to the confidence report out of the eurozone. Economic confidence increased more than expected, and the euro is also seeing support as the United States…

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