Brazilian Real Rebounds from August Lowest Rates

The Brazilian currency touched the weakest level in August today on global economic concerns but rebounded after stocks and commodities climbed worldwide, spurring demand for emergent markets assets. After several days…

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Canadian Dollar Rebounds on Oil

After two days of losses versus its U.S. counterpart as risk aversion climbed in trading markets worldwide, the Canadian dollar rebounded as stocks as the crude oil reverted their losing trends and gained…

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Pound Remains Bearish on Business Sentiment

The pound is having a disappointing performance this week being traded today in the lowest level since June on concerns that new Chinese industrial regulations will reduce demand for British assets,…

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Yen Gains on New Tax Law

The Japanese currency extended its weekly gains today on speculations that Japanese investors are bringing overseas investments capital back to the country to profit from a new tax law, making the yen…

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Crude Oil Puts Mexican Peso Further Down

The Crude oil has been declining this week as uncertainties towards its demand have been rising on markets globally, Mexico, one of the biggest suppliers of oil to the United States, is witnessing…

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Dollar Gains on China Industrial Concerns

The dollar gained today versus most of the main traded currencies as concerns that industrial capacity in China will be curbed and a disappointing climb in U.S. durable good orders spurred demand for safety,…

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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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