Posts published in September 2013

Brazilian Real Falls Despite Efforts of Central Bank

The Brazilian real fell today as US budget impasse led to nervousness among Forex traders and unwillingness to buy riskier assets of emerging economies. The currency was soft despite the efforts of the central bank.…

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Swiss Franc Rises as Positive Data Results in Optimism

The Swiss franc surged today, reaching the highest level since February against the US dollar and the strongest rate since June versus the euro, as positive macroeconomic data improved the outlook for nation’s economic…

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Japanese Inflation Accelerates, Yen Higher

The Japanese yen rallied today as nation’s inflation accelerated, reducing incentive for the central bank to ease monetary policy and weaken the currency further. The Japanese consumer price index rose 0.8 percent in August…

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