Posts published in May 2015

Loonie Recovers After Hit from Canadian GDP

The Canadian dollar sank today after data that showed an unexpected decline of Canada’s economy. The currency recovered somewhat by the end of the trading session, erasing losses against the US dollar and the Japanese yen,…

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NZD Touches Lowest Since 2010 vs. USD

Economic data from New Zealand was rather poor today, leading to a drop of the nation’s currency. The New Zealand dollar touched the lowest level since September 2010 against its US…

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Yen Supported by Data from Japan

The Japanese yen gained on the US dollar and the Great Britain pound today as macroeconomic data from the Asian country was mostly positive, increasing appeal of the currency to investors. Japan’s core Consumer Price…

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Dollar Softens After Mixed Data

The US dollar softened today after the release of mixed economic data from the United States. The currency trimmed its gains against the Great Britain pound and the Japanese yen while against the euro…

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UK GDP Growth Gets No Revision, Pound Drops

The Great Britain pound dropped against the US dollar and almost erased its gains against the Japanese yen today even though economic data from the United Kingdom was good for the most…

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US Dollar Retreats From Recent Highs

US dollar is retreating from recent highs today, especially against the euro. The dollar index is lower as a result. However, expectations for long-term dollar strength aren’t over yet. Greenback…

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