Bank Of Canada Keeps Loonie Low
The Bank of Canada’s policy statement sank the Canadian dollar to 4.5 year lows as the central bank supported the policy by emphasizing lower values would help to boost Canada’s weakening export trade....
View ArticleFlight To Safety
Investors continued to sell positions in emerging economies and sent global equities on a downward spiral as they turned to traditional safe havens in overnight trading. US equities were poised to...
View ArticleGood Data Supports Fed, Raises Dollar
Solid consumer spending and improving export data for the fourth quarter supported the Federal Reserve’s additional $10 billion tapering announcement on Wednesday. Investors will now have to consider...
View ArticleEuro And Emerging Markets Plummeting
Renewed inflation concerns and undeniable unemployment pressure pushed the euro below the $1.35 USD mark and to a two-month low against the yen. Consumer price inflation fell back to 0.7 percent, a...
View ArticleData Mix Boosts Equities, Weakens USD
Better than expected news from the US Labor Department was offset by disappointing news from the Commerce Department sending equity markets higher as the dollar lost ground against major currencies....
View ArticleWeather Sinks Jobs
Weather took the blame for a second consecutive non-farm payroll report as equity investors blinked but quickly recovered leaving the dollar and bond market to shoulder the load on Friday. With...
View ArticleAbout Trading Forex Pairs
If you are an individual Forex investor, your success will depend upon your ability to read how giant Forex traders will interpret a host of factors that affect the demand for a specific currency...
View ArticleUkraine Tensions To Persist
On Tuesday, major equity markets rallied while currencies appeared distracted by Russia’s invasion of Ukraine but Wednesday showed signs of tenuous stability. Economic factors began to take hold in...
View ArticleFlight To Safety
Tough talk at the UN and from US Secretary of State John Kerry to the US Congress, and from Germany’s Chancellor Angela Merkel sent uneasy tremors through global equity markets and turned Forex...
View ArticleDollar Gains After Financial Shares Lag
In a volatile day for currency markets, the USD made headway against the euro, yen, GBP, Aussie dollar and Loonie. Helped by more positive economic data, the dollar rebounded during the day after...
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