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Loonie Looks Stronger, Employment Data Can Weaken Currency

The Canadian dollar gained today as Forex traders showed risk appetite on signs that the situation in Greece is improving and some positive data from[...] read more »
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Soybean Prices Go Higher, Oil Prices Decline

Soybeans gained after three sessions of losses on speculation that adverse weather in South America will bolster demand for US exports. Oil was down [...] read more »
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EUR/USD Rises as Situation in Greece Improves

EUR/USD gained today after two days of losses on the news that Greece will receive a bailout and a progress in a forming new government was made. read more »
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Aussie Rallies on Surprisingly Good Employment Data

Australia’s employment data made a pleasant surprise for those Forex traders that were bullish on the Australian dollar as employment unexpectedly gr[...] read more »
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Bank of England Avoids Quantitative Easing, Pound Profits

The Bank of England refrained from easing the monetary policy at today’s meeting, causing the Great Britain pound to climb. The United Kingdom still [...] read more »
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Negative Outlook for Australian Fundamentals Hurt Aussie

The Australian dollar dropped, reaching the lowest level against its US counterpart this year, as Forex market participants anticipate a set of poor [...] read more »
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Europe Continues Drive Commodities Down

Commodities continued to decline as Europe is still a source of uncertainty and risk aversion. read more »
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Retails Sales Drift Down, Sterling Follows

The Great Britain pound fell today after a report showed that UK retail sale declined. The negative data ahead of the policy meeting makes market par[...] read more »
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EUR/USD Falls for Second Day on Political Uncertainty in Greece

EUR/USD dropped for the second session today as Greek political parties failed to reach an agreement and form a government after the weekend’s electi[...] read more »
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Taiwan Dollar Fluctuates, Will Central Bank Allow Currency Appreciate?

The Taiwan dollar fluctuated today as the impact of the general negative sentiment on the Forex market battled with the influence of speculation that[...] read more »
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AUD Drops as Trade Balance Deficit Unexpectedly High

The Australian dollar dropped today, trading near this year’s lows, as a government report showed that the nation’s trade balance deficit in March wa[...] read more »
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Commodities Tumble as Europe Battered by Problems

Commodities declined today, threatening to erase this year’s gains, as the problems continue to haunt Europe. read more »
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Rand Falls to Lowest at Three Weeks as Head of Roads Agency Resign

The South African rand dropped today to the three-week low after head of the national roads agency resigned, spurring talks that South Africa’s budge[...] read more »
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Pound Falls on Negative House Price Balance

The Great Britain pound dropped today house price balance fell last month more than was predicted by analysts, spurring speculation that additional s[...] read more »
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Mexican Peso Falls as Fears Grow After European Elections

The Mexican peso fell today as fears of the European financial crisis intensified after the elections the past weekend revealed growing resentment ag[...] read more »
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