Posts published in March 2014

Slow Growth Drags Euro Lower

Euro is dragging today, heading lower as slower growth in the eurozone hurts performance. The German data was disappointing, and as was a PMI reading for the entire eurozone. With the dollar firming, thanks to the latest…

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PBoC Raises Reference Rate, Yuan Advances

The Chinese yuan rose today as the nation’s central bank boosted the reference rate for the currency. The yuan was previously falling after the central bank had widened the trading range for the currency. The People’s Bank…

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