The US dollar weakened today, falling to the lowest level in almost a week against the euro, as hopes that the European leaders would find a way out of crisis diminished need in safe currencies.(…)Read the rest of Optimism for Europe Returns, Greenback Suffers (104 words) Posted on Forex News. Read More Optimism for Europe Returns, Greenback Suffers
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The Canadian dollar weakened versus its US counterpart as the problems in Europe and prospects of slower economic growth in China made the US currency more preferable to the Canadian one.(…)Read the rest of Loonie Declines vs. Greenback, Remains Strong vs. Majors (168 words) Posted on Forex News. Read More Loonie Declines vs Greenback, Remains Strong vs Majors
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The Canadian dollar gained versus the US dollar today, after reaching yesterday the lowest level in more than three months, as crude oil slowed its decline and stock advanced.(…)Read the rest of Canadian Dollar Rebounds vs. Greenback on Stocks & Oil (115 words) Posted on Forex News. Read More Canadian Dollar Rebounds vs Greenback on Stocks dan Oil
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The Canadian dollar advanced versus the US dollar on the good outlook for today’s Canadian macroeconomic reports, while fell against the euro as promises of resolution of the Greek crisis bolstered Europe’s shared currency.(…)Read the rest of Loonie Gains vs. Greenback on Fundamentals, Falls vs. Euro (108 words) Posted on Forex News. Read More Loonie Gains vs Greenback on Fundamentals, Falls vs Euro
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The dollar was able to climb back from losses seen after a string of weaker than expected data prints this morning. However the greenback is expected to remain on the defensive with traders continuing to eye the week’s economic docket. Read More Greenback Pares Losses But Remains on the Defensive
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The greenback was mixed against the majors, declining against the franc, pound, and kiwi but firmer against the yen, euro, Aussie, and Canadian dollar as the Greece debate continued and amid negative U.S. manufacturing and housing data. Minneapolis Fed President and FOMC voting member Kocherlakota spoke and indicated that he Read More Greenback Mixed amid [...]
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Risk appetite has come roaring back this morning lifting higher yielding FX, commodities and equities at the expense of the US Dollar which is once again back on the defensive… Read More Greenback Hammered in European Trade as Risk Appetite Returns to Markets
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The New Zealand dollar rose against other most-traded currencies, jumping to the highest level in three years, after Finance Minister Bill English claimed that the fast growth of the inflation won’t damage the nation’s economy.(…)Read the rest of Kiwi at Three-Year High Against Greenback (118 words) Posted on Forex News. Read More Kiwi at ThreeYear High Against Greenback
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The Australian currency fell against the Japanese yen over the week on concerns about Europe’s debt problems and China’s possible austerity measures. The Aussie managed to erase losses versus the euro and the US currency on the signs of the global growth and increasing commodity prices.(…)Read the rest of Aussie Ends Week Flat vs. Greenback & Euro, Falls vs. Yen (147 words) Posted on Forex News. Read More Aussie Ends [...]
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Greenback Little Moved After Bernanke Commentary on Fiscal Sustainability
Federal Reserve Chairman Ben Bernanke’s comments at the Annual Conference of the Committee for a Responsible Federal Budget levied little relief for the U.S. Dollar, which has been among the worst performing currencies in Tuesday’s session. Read More Greenback Little Moved After Bernanke Commentary on Fiscal Sustainability
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