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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The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards U.K.’s economy.(…)
Read the rest of U.K. Housing Data Boosts Pound’s Rally (124 words)
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The European single currency posted its first day of decline versus the greenback this week after the regional financial regulator affirmed that some of its stimulus to help the economy to recover will last for as long as they are necessary, declining optimism towards the Eurozone.(…)
Read the rest of Euro Ends Rally on ECB Extended Stimulus (128 words)
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The Canadian dollar started this week extending a rally started last Friday as quarterly gross domestic product figures in the country surprised forecasts positively, attracting more traders to inject capital in the country as the North American economy rebounds.(…)
Read the rest of Canada’s Dollars Starts Week Bullish on GDP (145 words)
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After gaining since the beginning of this trading session on speculations that a robust U.S. economy would provide grounds for borrowing costs to rise in the following months, the dollar slid as government officials stated otherwise.(…)
Read the rest of Dollar Ends Rally on Interest Rates Comments (82 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 dollar touched the highest level in 2010 versus several important currencies this Thursday as the Federal Reserve raised its bank discount rate for loans, spurring demand for assets in the country as the economy seems to be picking up, allowing the nation’s central bank to lift stimulus.(…)
Read the rest of Discount Rate Surprise Fuels Dollar Rally (153 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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The dollar gained today versus most of the 16 main traded currencies paring yesterday’s losses as demand for assets in the U.S. rose after several better than expected figures came out in reports published in the U.S., evidencing that the economic recovery in the country is accelerating.(…)
Read the rest of Dollar Revives Rally on Domestic Data (140 words)
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