Posts published in November 2014

Yuan Backed by Economic Data

The Chinese yuan gained today due to positive data about trade balance and consumer price inflation, which has been released in China over the weekend. As for negative indicators, producer prices fell…

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Franc Close to Cap as Referendum Looms

The Swiss franc rose against the euro today, moving closer to the ceiling of 1.20 francs per euro. The Swissie advanced as the voting for new regulations nears. The currency was also rising versus the US…

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Dollar Poised for Correction?

The US dollar was demonstrating amazing performance lately, rising to multi-year highs against many majors. But can the currency keep its upward momentum? It is not an easy question…

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