Posts published in “News”

Pound Declines on U.K. Economic Figures

The pound posted another day of losses versus most of the 16 main traded currencies as the economic situation in Great Britain remains behind most of the other main global economies, decreasing attractiveness for the British…

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German Business Sentiment Fuels Euro Rally

After a rather mediocre start in the beginning of this week the euro had a positive performance today as German business sentiment rose again suggesting that the Eurozone member countries are finding its…

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Canadian Dollar Declines on Government Statement

The Canadian dollar declined from the highest level in 2 weeks today as commodities slid on renewed pessimism and a central bank official’s statement suggested that the current strong loonie may jeopardize the national…

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Polish Retail Sales Fuel Zloty’s Rally

The Polish currency touched today its highest level in seven months versus the euro after a retail sales national report suggested that the country may be finding its way out…

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Yen Gains on Stocks Corrective Movement

The Japanese currency gained today in Asia versus the South Korean won and in Europe versus the pound and the euro as stocks had a negative performance today after 5 consecutive days winning on renewed optimism…

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Pound Down on Chinese Comments

The U.K. currency posted losses today versus the euro and the greenback as stocks declined in the country and the Chinese Premier Wen Jiabao affirmed that the world economy is still facing a period of uncertainty, which…

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Crude Oil Fuels Russian Ruble Rally

The Russian currency gained versus the U.S. dollar and several other currencies as the crude oil climbed again today, fueled by optimism regarding the world economic recovery. After Federal Reserve Chairman…

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Mexican Peso Falls on Overpriced Speculations

After climbing for several weeks in a row, today the Mexican peso declined versus the greenback, on speculations that the current rates would be too high, attracting investors towards the U.S. The Mexican peso…

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