Posts published in September 2018

US Dollar Ends Week Strong After Fed Interest Rate Hike

The US dollar ended the trading week strong thanks to the hawkish policy statement of the Federal Reserve. But the strongest currency was the Canadian dollar due to the better-than expected economic growth. The euro was…

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Chinese Yuan Gains Amid Bearish Economic Forecasts

The Chinese yuan is gaining at the end of the trading week despite several bearish forecasts pertaining to the short-term outlook of the national economy and the currency. This comes one day after the yuan extended its…

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