Posts published in February 2015

Euro Heads Higher For Now

Euro is heading higher for now, gaining ground against its major counterparts. After a great deal of political theater, a bailout deal has been reached with Greece, and there is…

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Rising CPI Doesn’t Help Canadian Dollar

The Canadian dollar fell against its US counterpart today despite positive macroeconomic data from Canada. The currency also retreated against the Japanese yen but gained on the very weak euro.…

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Australian Dollar Reverses Thursday’s Losses

The Australian dollar fell at the start of today’s trading session as macroeconomic data from Australia disappointed trades. Yet for whatever reason the currency managed to bounce and is trading above the opening level right…

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Positive Trade Balance Lifts New Zealand Dollar

The New Zealand trade balance turned positive in January, surprising analysts who expected it to remain in the negative territory. The New Zealand dollar rallied as a result. The New Zealand trade balance had…

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Pound Remains Strong, Supported by Positive Data

The Great Britain pound was very strong during the Wednesday’s trading session after the release of yet another positive macroeconomic indicator from the United Kingdom. The sterling remains firm during early…

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