Posts published in January 2016

Australian Dollar Moves Further Down

Today, the Australian dollar declined for the fourth day in a row against the US dollar and the sixth session versus the Japanese yen. Economic data from Australia was mixed, giving no edge to the currency,…

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Tumbling Crude Oil Prices Drag Canadian Dollar Along

The Canadian dollar dropped today against its major counterparts, dragged down by falling prices for crude oil. The general risk-negative sentiment on the currency markets added to the weakness of the loonie. Futures for crude oil…

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