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After trading near parity with the U.S. dollar this month, the Canadian dollar was pushed away from equality with the greenback as the national central bank published a report on the subject, as well as stocks and commodities declined today.(...)Read the rest of Bank of Canada Pushes Loonie Down (163 words)
Posted on Forex News.
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With some heavy market sentiment going on with the US Dollar lately, I thought that market sentiment would be a good thing to discuss.Market sentiment can work for you or against you. You have to learn to recognize different variations of it. It’s one of those things that is simple, yet complicated. It can take some real experience to get a handle on it.Mar
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ket Sentiment originally appeared on About.com Forex Trading on Tuesday, October 20th, 2009 at 20:26:09.Permalink | Comment | Email this
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The US dollar was one of the weakest major currencies last week, with the Japanese yen beating the greenback to being the biggest loser, as market sentiment...
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The British pound gained versus its main rivals the euro and the U.S. dollar, after a day of decisions in the Bank of England in which the asset-purchase program was voted to be held unanimously, together with statements published in newspapers that added attractiveness for the Great Britain currency.(...)Read the rest of Pound High on Rate Hikes Speculations (148 words)
Posted on Forex News.
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The Bank of Canada has released a statement saying that interest rates will remain at 0.25 percent for the CAD.They also went as far as to say that they tenatively expected to keep that rate until at least the second quarter of 2010. Read more...
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09/10/20/bank-of-canada-rate-decision.htm">Bank of Canada Rate Decision originally appeared on About.com Forex Trading on Tuesday, October 20th, 2009 at 21:01:40.Permalink | Comment | Email this
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The Brazilian real has been the best performing currency among the 16 more traded in foreign-exchange markets this year, and after a central bank measure to tax foreign investment on stocks and bonds to curb the currency’s rally, the real fell today.(...)Read the rest of Brazilian Real Declines on Central Bank Desperate Measure (65 words)
Posted on Forex News.
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The Canadian dollar eased back on Friday after the release of the nation’s consumer price index (CPI) fell for the fourth straight month in September,...
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Optimism and risk appetite ignite speculations that the Canadian dollar will soon trade in parity with its U.S. counterpart, as demand for Canadian exports are rising worldwide, as well as stocks in Toronto.(...)Read the rest of Canadian Dollar Near Parity With Greenback (76 words)
Posted on Forex News.
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US Dollar May Be Setting Stage for Advance Euro Near Major Top Against US Dollar, Timing Unclear Japanese Yen Relinquishes its Top Safe Haven Status to...
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