Posts published in “News”

Dollar to Stop Falling after G7 Signals?

The U.S. dollar may probably slow down in its currently strong bearish trend against the other world currencies after the G7 meeting participants expressed their concern about…

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Chile to Buy U.S. Dollars to Weaken Peso

The Central Bank of Chile will be buying the U.S. dollars in 2008 in order to stimulate the economy by the weaker national currency. This year, starting April 14 Chile’s central bank will be buying…

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BoE Cuts Rate, ECB Holds again

Both Bank of England and the European Central Bank acted as expected today during their monetary policy meetings  BoE cut the interest rate to 5.00% and ECB left them unchanged at 4.00%. Facing…

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Pound Slides as House Prices Fall 2.5%

The Great Britain pound fell sharply today against dollar, euro and yen as the house prices fell in March by 2.5%, indicating that the country’s mortgage market slump is not over yet. Halifax House…

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ZAR Gains on Rising National Reserves

The South African rand grew today against the U.S. dollar (and the other world currencies too, because dollar is rising today) as the report showed an increase in the…

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Dollar Aimed for Weekly Gain over Yen

The U.S. dollar is heading for the fastest weekly gain in more than four years versus the Japanese yen as the financial markets get a feeling of relief from the…

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Dollar Stops Its 2 Days Growth

The U.S. dollar stopped its 2 days growth period and started to go bearish against other currencies today after the Asian trading session ended. Investors’ attention turned to the…

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