Posts published in May 2014

Dollar Resilient in Face of GDP Contraction

The US dollar was resilient today in face of data that showed a contraction of the US economy last quarter, the first decline since 2011. The currency fell initially after the report but managed…

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Aussie Gains Ground on Business Investment Data

The Australian dollar is moving higher today, gaining almost across the board on the latest business investment data. The idea that, perhaps, the Australian economy doesn’t need to rely so heavily on China…

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