Posts published in February 2015

Sweden Joins ‘Negative Interest Rates Club’

The Swedish krona dropped against the US dollar today after the nation’s central bank joined some other central banks of Europe (including the European Central Bank and the Swiss National Bank) in implementing…

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Aussie Gains on Greenback, Fails vs. Yen

The Australian dollar gained against its US peer today, but it was a result of the greenback’s weakness not the strength of the Aussie. As an evidence of this, the Australian currency dropped versus the Japanese yen.…

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