Posts published in May 2014

NZ Dollar Rallies, Struggles to Keep Gains

The New Zealand dollar gained today but had hard time keeping gains as macroeconomic reports from China, the biggest trading partner of the South Pacific nation, were somewhat disappointing. Today’s…

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Sterling Shows Weakness Ahead of Important Reports

The Great Britain pound demonstrated weakness today ahead of tomorrow’s important economic releases that should guide the currency’s performance for the near future. Similar to most other major currencies, the sterling managed…

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Euro Drops on Bundesbank Report

It really looks as though the eurozone is going to see some further stimulus in the next couple of months, and the euro is down almost across the board on the news. The latest Bundesbank report is…

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Krona Rallies as Sweden Exits Deflation

The Swedish krona rallied today as the country’s economy exited deflation, while the number of employed persons continued to grow, suggesting that the economy fares well. Statistic Sweden reported that the inflation rate…

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US Dollar Higher, But Gains Could Be Pared

US dollar is mostly higher today, gaining as other currencies show weakness. However, thanks to the latest retail sales data, some of the greenback’s gains could be pared. Greenback is…

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