The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting also the loonie’s advance.(…)
Read the rest of Loonie’s Rally Ends on Oil Drop (125 words)
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The Canadian dollar gained for another session, in a rally that seems to be endless, as the Federal Reserve ratified its dovish position on its interest rates, allowing the strong flow of capital from the U.S. towards north to continue for another day.(…)
Read the rest of Canadian Dollar Flirts with Greenback Parity on Commodities (125 words)
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After a rather gloomy start of the year for the loonie as investors returned to the U.S. as its economy picked up in the two moths of 2010, the Canadian dollar is once again making its way towards parity with its U.S. counterpart, as commodities and stocks continue to push its rates up.(…)
Read the rest of Loonie to Reach Parity with Greenback? (127 words)
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The Brazilian real is starting this month extending last week’s advance and reverting a negative trend from the beginning of the year, as the appeal for assets in the country are attracting foreign capital inflows and helping the real to beat a number of currencies in foreign-exchange markets.(…)
Read the rest of IPO Boosts Demand for Brazilian Real (136 words)
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The Canadian dollar pared some of the losses occurred this week as risk appetite rose significantly before the end of this Friday’s session, allowing the loonie and other currencies tied to growth to outperform a weakened U.S. dollar.(…)
Read the rest of Canadian Dollar Benefits from Poor U.S. Data (66 words)
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The sharp and strong economic recovery expected by some analysts for this year has not yet been confirmed, and new concerns regarding the global economic future influenced negatively the demand for Canadian exports and consequently for its currency.(…)
Read the rest of Global Economic Concerns Impact Loonie’s Price (155 words)
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The Canadian currency didn’t manage to continue its last week rally as stocks and commodities markets had a less optimistic performance this Monday, setting the loonie down versus its U.S. counterpart and the Japanese yen.(…)
Read the rest of Loonie Starts Week Bearish on Copper, Stocks (77 words)
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The Chilean peso suffered with the side effects of positive reports in North America that attracted traders to purchase assets in the U.S., leaving emerging markets in a second plan for traders to invest their money, despite a considerable level of risk appetite in today’s session.(…)
Read the rest of Chilean Peso Down on U.S. Economic Improvement (60 words)
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by admin | February 18, 2010 | In Brazil, Emerging Markets, Forex Latest News, USD/BRL, brazilian real, commodities, housing, manufacturing, risk appetite, stocks
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The emerging market Brazilian currency advanced today after carnival’s bank holidays, fueled by a rally in the nation’s stocks supported by better than expected data published today in the U.S., allowing the real the reach high levels versus the pound and the euro.(…)
Read the rest of Brazilian Real Profits on National Stocks Advance (72 words)
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by admin | February 17, 2010 | In CAD/JPY, Canada, Crue Oil, EU, Forex Latest News, Greece, IMF, USDCAD, canadian dollar, commodities, stocks
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The Canadian currency benefited from a risk driven session today after commodities and stocks climbed considerably on renewed market confidence since concerns regarding Greece’s budget deficit cooled down in Europe, decreasing risk aversion globally.(…)
Read the rest of Crude Oil, European Confidence Push Loonie Up (148 words)
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