Posts published in November 2014

Mexican Peso Ends Trading with Losses

The Mexican peso ended the Friday’s trading session with losses as Brazil’s budget deficit widened to a record, increasing chances for a credit rating downgrade. The currency dropped even as the central bank refrained from…

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CAD Drops vs. USD as Economy Contracts

The Canadian dollar ended Friday with losses against its US counterpart as Canada’s economy unexpectedly contracted in August. At the same time, the loonie managed to end the session flat versus the euro and to jump…

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