Posts published in “News”

Pound Posts First Yearly Gains Since 2006

The pound extended its weekly gains today versus the euro and the U.S. dollar, ending the year with the first advance versus both since 2006, as the British economy shows its first evidences…

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Dollar Falls on Corrective Speculations

After gaining more than 5 percent this month versus the euro the greenback declined as investors speculate that current gains for the U.S. currency may have been excessive, forcing the dollar…

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Czech Koruna Climbs on Industrial Data

The Czech koruna advanced to a one week high versus the euro after a positive industrial report that fueled speculations that one of the most affected European economies is emerging for the hardest crisis…

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Pound Rallies From 3-Month Low Versus Euro

After speculations that the British currency would be undervalued in currency markets, the pound managed to climb versus the euro and the greenback, as it touched the lowest rate in 11 months versus the U.S. dollar…

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Dollar Climbs Before Year End on Business Activity

The U.S. dollar had a bullish performance today and gained considerably versus the euro and the yen as speculations rose that the Fed will start a process of lifting economic stimulus introduced during the worst moments…

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Canadian Dollar Drops on Oil, Stocks Performance

The Canadian dollar dropped from the highest level in 2009 versus the euro as stocks did not manage to extend the advance reached in the beginning of the week, forcing the currency down also versus its U.S.…

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Canadian Dollar Bullish on Global Recovery

The Canadian dollar, together with other currencies from commodity producer countries, is profiting from positive estimates for 2010 global economic recovery, which if confirmed will raise demand…

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South African Currency Up on Risk, Capital Repatriating

The South African rand was one of the best performing currencies today in foreign-exchange markets as appeal for higher-yielding commodity exporter currencies was high, providing support for the rand to beat even an attractive dollar…

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Yen Tumbles on U.S. Consumer Confidence

The yen declined versus most of the 16 main traded currencies today on a risk fueled session that favored higher-yielding currencies and the U.S. dollar, as favorable reports in the country continued to boost appetite for the greenback.…

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Dollar Drops on Risk Fueled Session

The dollar declined versus the euro and higher-yielding currencies as stocks rallied worldwide on evidences that the economic recovery is improving around the world, fueling risk appetite among traders that opted today…

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