Posts published in September 2015

Euro Mostly Lower as Economic Sentiment Deteriorates

The euro dropped today against most major currencies, including the US dollar and the Japanese yen, as the economic sentiment deteriorated in Germany as well as in the whole eurozone. Yet the shared 19-nation currency managed to gain…

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Brazilian Real Retreats After Monday’s Gains

The Brazilian real dropped against the US dollar today as market participants were skeptical about the ability of President Dilma Rousseff to push for the planned austerity measures. Uncertainty about the upcoming policy meeting…

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