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Canadian Dollar Drops Against US Dollar on Risk Aversion

High beta currencies like the Canadian dollar are dropping, thanks to a desire for safe haven. Loonie is headed lower against the US dollar today, ev[...] read more »
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Yen Slides as Fitch Downgrades Japan

The Japanese yen fell today as Fitch Ratings downgraded Japan’s sovereign credit rating because country’s actions to reduce public huge public debt a[...] read more »
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Forex Combo System Review

Forex Combo System is a well known EA which trades EUR/USD and GBP/USD and uses 4 different strategies. Read more here read more »
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Mexican Peso Profits from Promise of Faster Growth in China

The Mexican peso advanced today as China pledged to boost its economic growth, reducing the negative impact of the crisis in Europe and increasing de[...] read more »
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Yuan Gains as Wen Promises to Boost Growth, Retreats

The Chinese yuan gained today, before retreating below opening level, after the central bank set the reference rate higher and the head of China said[...] read more »
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Euro Struggles in Forex Trading

Once again, the euro is struggling in Forex trading. It isn’t much of a surprise, really, since the eurozone is still operating in debt crisis mode. read more »
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Canadian Dollar Pulls Back in Currency Trading

Canadian dollar is pulling back in currency trading on the FX market today, even after better government data. Even though Canadian payroll data saw [...] read more »
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Probability Literacy Among Forex Traders — Poll

Are you a probability literate person? Poll. read more »
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US Dollar Index Starts Week Stronger

Concerns about the eurozone continue to make the US dollar attractive as a safe haven. Even as concerns about Greece’s exit from the eurozone grow, t[...] read more »
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Euro Gains as Greece to Choose Austerity?

The euro has gained half a cent against the pound and USD, as opinion polls in Greece show increasing support for pro-bailout conservatives New Democ[...] read more »
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Bad Week for Loonie in Spite of Some Good News

The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodi[...] read more »
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Chile’s Central Bank Holds Main Interest Rate, Peso Advances

The Chilean peso rose even after Chile’s central bank refrained from increasing interest rates. Good prospects for the nation’s economy and possibili[...] read more »
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Euro Drops to 4-Month Low, Closes Above Opening Level

The euro reached the lowest level in four months against the US dollar and the lowest in three months versus the Japanese yen today on fears that the[...] read more »
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Risk Appetite, Better Situation Help UK Pound

UK pound is being helped on two fronts today. General risk appetite, with the focus on the Facebook IPO, is helping the sterling against the US dolla[...] read more »
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Canadian Dollar Gets a Boost in Forex Trading

Canadian dollar is getting a boost in forex trading on the currency market today, heading higher on better economic news, and higher commodities. read more »
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