Posts published in January 2015

Dollar Rises Even as Fed Talks About Patience

The US dollar rallied against the majority of its most-traded peers today after the Federal Reserve released statement of its first monetary policy meeting this year. The biggest loser was the Canadian…

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Greenback Continues to Pull Back

Greenback is pulling back against its major counterparts today, heading lower with some correction in the market. Also sending the dollar lower are expectations that the recent dollar bubble…

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Ruble Drops as Conflict in Ukraine Escalates

The Russian ruble slumped today as escalation of the conflict in Ukraine led to the threat of additional sanctions against Russia, making it very risky for traders to buy Russian asses. The battle in the eastern region of Ukraine…

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Brazilian Real Drops as Growth Outlook Worsens

The Brazilian real fell today as the worsening outlook for nation’s economic growth made the currency less attractive for market participants. The Central Bank of Brazil revised the growth outlook for this year negatively in its…

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Week of ECB — Week of Suffering for Euro

The euro plunged against the majority of most-traded currencies this week after the European Central Bank expanded its monetary stimulus. There was another currency that suffered from its central…

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Loonie Remains Down Against Greenback

Loonie continues to fall against the greenback, even though oil is a little bit higher today. The Canadian dollar is doing better against European currencies, though. Canadian dollar continues…

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