The Canadian dollar pared losses on Friday against the greenback after data showed Canada’s trade surplus unexpectedly grew to a three-year high in December from November, partly offsetting news of a setback in Greek bailout talks. 5 Vote(s) Read More Dollar pares losses after Canadian trade data
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Over the past weeks, the market has weathered disappointing news from the Euro-region (downgrades, missed deadlines for financial aid, slowing growth) and pushed the currency higher. There is no better fundamental definition of bullish sentiment. Read More EURUSD Suspciously Quiet after Greek Deal, Reversal Risk High
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The US dollar had a mixed week as there was plenty of negative data from the United States, yet there also were positive indicators, especially employment figures. The greenback rose against the euro and the yen, but declined against higher-yielding currencies.(…)Read the rest of Good Employment Rescues Dollar After Week of Bad Data (164 words) Posted on Forex News. Read More Good Employment Rescues [...]
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FXstreet.com (Florida) – The Pound is recovering from the recent losses against the Dollar on the… For more information, read our latest forex news. Read More Forex GBP USD trades back above 15800 after bouncing at 15750
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The Russian slid today as Russia’s central bank kept its main interest rates unchanged and crude oil, the main nation’s export, traded near the lowest level in six months.(…)Read the rest of Ruble Decline After Bank Rossii Keeps Rates Unchanged (82 words) Posted on Forex News. Read More Ruble Decline After Bank Rossii Keeps Rates Unchanged
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FXstreet.com (Florida) – The Euro is currently trading lower against the Dollar after Fed Chairman… For more information, read our latest forex news. Read More Forex EUR USD slides after Bernanke speech, back below 13150
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The Canadian dollar erased gains to trade unchanged on Friday after a report showed the US economy, the destination for most Canadian exports, grew at a slower-than-expected rate in the fourth quarter. The Canadian dollar traded at … 28 Vote(s) Read More Canadian dollar erases gains after US GDP data
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The Australian dollar gained against the US dollar and the Japanese yen this week after several weeks of losses. The Aussie ended flat against the euro after a long stretch of weekly gains.(…)Read the rest of Australian Dollar Gains After Weeks of Losses (135 words) Posted on Forex News. Read More Australian Dollar Gains After Weeks of Losses
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US dollar is falling today, thanks to upbeat news out of China and Europe. With risk appetite on the rise, there is little demand for the safety and stability of the US dollar. Forex traders are, instead, turning to higher yielding currencies. (…)Read the rest of US Dollar Falls after Upbeat News (152 words) Posted on Forex News. Read More US Dollar Falls after Upbeat News
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Forex GBP USD slips below 15800 after Posen comments
FXstreet.com (C?rdoba) – The Pound briefly fell below 1.5800 versus the Dollar following dovish… For more information, read our latest forex news. Read More Forex GBP USD slips below 15800 after Posen comments
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