Posts published in July 2014

Euro Continues to Trade Mixed

Euro is trading mixed against its major counterparts again today. The 18-nation currency continues to struggle against the US dollar on policy divergence, but is managing to eke out gains…

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Data from United States Undermines Canadian Dollar

The Canadian dollar dropped against its US counterpart today, reaching a lowest level in more than a month, pressured down by signs of economic growth in the United States. The currency also retreated against…

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US Dollar Continues to Gain on Fed Speculation

US dollar is higher again today, strengthening as economic data points to improvement, and on speculation that the Fed will take steps to tighten monetary policy sooner than expected. As the Fed concludes…

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Euro Slips Below 1.3400 Against the US Dollar

Between German inflation and policy divergence with the United States, the eurozone is struggling — and the 18-nation currency that represents it is losing ground. Indeed, the euro has slipped below 1.3400,…

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Yen Steady After Industrial Production Data

The Japanese yen remained unmoved by the release of industrial production data today. The currency traded mostly sideways yesterday, though it fell together with its major counterparts versus the US dollar.…

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