Posts published in July 2014

Dollar Slips as Fed Downplays Optimism

The US dollar slipped against some of its major peers today, including the euro and the Great Britain pound, and trimmed its gains versus the Japanese yen. The greenback was weakened by the Federal Reserve…

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Euro Turns it Around After Earlier Difficulties

A little bit of risk appetite is helping the euro turn things around today after earlier difficulties. However, many analysts still foresee problems for the euro, as Germany leads the eurozone into…

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Yuan Holds Ground in Face of Poor Data

The Chinese yuan gained on the US dollar today even though macroeconomic reports from the Asian nation were not particularly good, feeding concerns about slowdown of the world’s second-biggest economy. China’s…

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For Second Session Dollar Fails to Rally

The US dollar yet again attempted to rally and yet again it failed. Even another better-than-expected employment report was not able to boost the currency, which erased its earlier gains…

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Aussie Gains with Business Sentiment

The Australian dollar gained today as the Australian business confidence improved last month, albeit not much. The currency was also supported by hopes for strong employment growth. The Business Confidence Index of National…

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