Posts published in “News”

Aussie Weaken by Doubts About EU Loan Package

The Australian dollar fell against its U.S. counterpart, erasing its yesterday’s gains, and versus other most-traded currencies on the concerns that the loan package won’t resolve the fiscal crisis in the European Union.…

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Dollar Rises Against Euro as Debt Concerns Return

The U.S. dollar advanced today against the euro, resuming its previous trend after retreating against the common European currency on announcement of the loan package by the EU governments, which failed to alleviate the concern…

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EU Lending Package Boosts Australian Dollar

The Australian dollar rose today against its U.S. counterpart and some other majors after the European policy makers announced their plans to spend almost $1 trillion on the debt purchases to aid…

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Euro Regains Strength on News About Bailout

The euro strengthened today after European Union’s policy makers announced their plans about the rescues package to help the indebted countries in the region. The package is valued as much as $962 billion, a rather…

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Confidence in Sterling is Rising on Good Economic Data

The Great Britain pound rose today against some of its most trading counterparts as the declining number of jobless claims, the improving consumer confidence and the increasing number of home-loan approvals suggested that the U.K.…

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U.S. Dollar Rally Was Halted by Week’s End

The U.S. dollar was steadily rising this week against most other major currencies boosted by the concern about Greece’s fiscal crisis, while the good fundamentals showed that U.S. economy…

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Canadian Dollar Strengthened by Good Employment Data

The Canadian dollar strengthened today on the speculation that the borrowing costs may be increased by the central bank after the employment significantly increased the last month, though the renewed hopes about the favorable outcome…

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