Posts published in “News”

UAE Studying Dirham’s Peg to Dollar

The United Arab Emirates government has established a new committee, which purpose is to study the possibility of scrapping the dirham’s peg to the U.S. dollar and the reasons to maintain this…

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Pound at New All-Time Low vs. Euro

The currency of the United Europe reached a new record high level against the British pound today as the estimate for the consumer inflation in Eurozone rose unexpectedly in March.…

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Won Heading for More Losses

The South Korean currency is heading for more losses as the government is searching for ways to support the exporting companies and the economic growth. The won is the second…

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U.S. Dollar Steady Ahead of GDP Release

The U.S. dollar is trading higher than its yesterday’s close level now as the investors are waiting for the fourth quarter GDP data to be released today. The final value…

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Pound Falls on Account Deficit

The commentary on the current account deficit in United Kingdom pulled the Great Britain pound down today, as it added one more reason for the British currency to be less favored…

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Australian, N.Z. Dollars Rise for Second Day

Both Australian and New Zealand dollar continued to rise today after the yesterday’s fast growth as the investors remained confident in the stock markets’ improvement and in the carry trade.…

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Yen and Franc Decline on Rising Stocks

The Japanese yen declined today from its recent high values against the U.S. dollar, pound and euro as the global stock markets gained and the high-yielding assets looked more attractive than on the last…

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Chilean Peso Falls on Lower Copper Price

Chilean peso fell from it’s recent record high value against the U.S. dollar yesterday as the copper price slid down significantly on the global concerns of thedecveloped economies’ slowdown.…

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