Posts published in “News”

Australian Unexpected GDP Figures Push Currency Up

The Australian dollar gained today versus most of the main 6 currencies as a report indicated that the gross domestic product grew much beyond expectations, raising attractiveness for the Aussie, even if the market…

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Risk Aversion Fuels Yen’s Biggest Rally in 2009

The yen climbed for six days in a row versus the euro today as confusion is plaguing investors worldwide, which are purchasing yen-priced assets to protect their portfolios from days of high volatility…

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Pound Declines on Disappointing Manufacturing Numbers

The pound declined today versus the most of 16 main traded currencies after a report in the country indicated that manufacturing production declined beyond economists expectations, adding pessimism concerning the recession length…

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Hungarian Forint Declines on Asian Bearish Markets

The Hungarian currency declined together following most of Eastern European countries currencies, as a negative performance in Asian stock markets declined attractiveness for riskier assets, spurring demand for safety in dollar and yen priced…

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Canadian Dollar Declines Sharply on Oil Faltering Demand

The Canadian dollar started this week losing versus most of the 16 main traded currencies as a negative performance in stocks and commodities influenced the loonie’s attractiveness today, as investors opted for the safety of the greenback. After…

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Yen Benefits from Japanese Elections

The yen started this week climbing versus several higher-yielding currencies worldwide as Asian stocks declined today, spurring demand for the safety of the yen, which is also benefiting from a new elected…

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Canadian Dollar Pare Gains on Risk Aversion

In the end of this week’s session the Canadian dollar pared its previous gains as risk aversion rose this Friday, affecting U.S. stocks performance and also the crude oil, the main Canadian commodity…

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