Posts published in June 2013

Dollar Gains for Second Week

The US dollar had another week of gains, posting the second weekly gain against other most-traded currencies, including the euro, the Great Britain pound and the Japanese yen. The main theme for Forex traders…

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Pound Ends Trading Mixed

The last trading session of this week was mixed for the Great Britain pound. It fell versus the US dollar, rose against the Japanese yen and trimmed the drop versus the euro. The sterling felt…

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Canadian Dollar Falls as GDP Growth Slows

The Canadian dollar dropped today as nation’s economic growth slowed, leading to speculations that the central bank will not be able to tighten the monetary policy in the near future. The currency managed to advances…

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US Dollar Makes Its Move

US dollar is making its move. After heading lower against some of its major counterparts, notably the euro, greenback is heading higher again as uncertainty takes hold and risk…

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Forint Rises, Heads to Quarterly Gain

The Hungarian forint advanced today as the nation’s current-account balance posted bigger surplus in the last quarter than was expected by specialists. The Hungarian current account posted an excess of â‚¬549 million in the first quarter…

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Yen Falls as Investors Less Scared of QE End

The Japanese yen fell today as comments of US policy makers made investors less scared and reduced demand for the currency as a safe haven. Not that need for safety was helping the yen previously.…

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Risk Appetite Helps Canadian Dollar

Canadian dollar is getting a bit of help today, thanks largely to the risk appetite brought on by European confidence. Risk assets are in demand today, and that is providing some support to the loonie…

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