Posts published in September 2013

Output Data Doesn’t Hurt Euro Too Much

While the euro was lower earlier, it is recovering some of its equanimity now. Even though factory output data disappointed, and the euro dropped, things are changing a bit, and the 17-nation…

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Safe Haven Demand Helps Japanese Yen

Japanese yen is gaining ground today as risk aversion makes an appearance and low beta currencies are sought for their safe haven qualities. With concerns over the possibilities in Syria, and with…

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China’s Growth Benefits Thai Baht

The Thai baht advanced today as signs of economic growth in China improved the investors’ risk sentiment, leading to increasing demand for assets of emerging economies. Recent macroeconomic data suggests that China’s growth…

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