The Canadian dollar dropped versus 9 of most traded currencies this week on concern among speculators that its rally won’t last.(…)Read the rest of Canadian Dollar Falls as Rally Slows (107 words) Posted on Forex News. Read More Canadian Dollar Falls as Rally Slows
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The European single currency declined sharply in a day of strong volatility this Thursday as neither Greek officials nor ECB officials have found a solution to solve Greece’s budget deficit’s issues, in a drama that have been lasting more than traders in the region could expect.(…)Read the rest of Euro: Who Will Rescue Greece? (120 words) Posted on Forex News. Read More Euro Who Will Rescue [...]
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The Canadian dollar advanced for the first time this week this Tuesday, as markets with strong correlation with the loonie provided support for the currency to gain specially versus its U.S. counterpart, but as well as important currencies globally.(…)Read the rest of Canadian Dollar Retrieves Bullish Path (126 words) Posted on Forex News. Read More Canadian Dollar Retrieves Bullish Path
Posted in FX News | Tagged bullish, canadian, dollar, path, retrieves |
The euro declined versus all of the 16 main traded currencies this Wednesday as Portugal started to raise concerns strongly, after an important financial agency cut its credit rating for the first time, showing that hard times are still to come for the Eurozone.(…)Read the rest of Euro Bleeds with Portugal Downgrade (142 words) Posted on Forex News. Read More Euro Bleeds with Portugal Downgrade
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The euro continued to drop today versus its main trading partners currencies and is going to post another weekly decline as concerns regarding the region’s growing budget deficit are still far from a solution, raising aversion towards assets in the region.(…)Read the rest of Greece, Portugal, Trichet, All Against the Euro (134 words) Posted on Forex News. Read More Greece, Portugal, Trichet, All Against [...]
Posted in FX News | Tagged against, all, euro, greece, portugal, the, trichet |
The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets overseas, affecting also risk driven markets negatively.(…)Read the rest of Dollar Confirms Another Weekly Gain on EU Crisis (165 words) Posted on Forex News. Read More Dollar Confirms Another Weekly [...]
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