Euro Rally Concerns Central Bankers

The euro continued to remain near a 14-month high versus the dollar today, as concerns regarding the current strength of the European common currency start to emerge among ECB officials, since a strong euro could…

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Canadian Dollar Near Parity With Greenback

Optimism and risk appetite ignite speculations that the Canadian dollar will soon trade in parity with its U.S. counterpart, as demand for Canadian exports are rising worldwide, as well as stocks in Toronto.…

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Australian Dollar Trades Near 2009 Record High

After falling from the highest level in more than 14 months towards the end of last week’s session in a day of bearish performance in stock markets, the Australian dollar started this week climbing…

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Will Australia Raise Interest Rates?

The Australian dollar, together with its New Zealand counterpart are among the best performing currencies in foreign-exchange markets in 2009 after evidences pointed the resilience of South Pacific countries to recover from…

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Dollar Rebounds on Undervaluing Speculations

The U.S. dollar had a weak performance this week reaching record lows versus the euro and the Australian dollar but managed to pare some of its losses as traders could think the current devaluation…

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Pound Extends Gains on Renewed Optimism

The pound had the best performance this week in months after speculations suggest that the national central bank will stop its current asset-purchase program used to stimulate the economy to escape from…

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The End of Dollar’s Downturn?

The U.S. currency finally posted gains versus most of 16 main traded currencies as some investors suggested that the recovery in the North American economy is not compatible with such losses…

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Norwegian Krone Down on Faltering Stocks

The Norwegian krone witnessed an intense rally this week sparked by a rise in crude oil rates and risk appetite among traders, but today, a downturn in stock markets throughout the world set…

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