Forex News

Swiss Franc are Heading to Parity with Dollar on Swiss GDP

NewsInspector — Thu, 02 Sep 2010 11:26:06 +0000

The Swiss franc is heading to the parity with the US dollar as the pace of Switzerland’s economic growth was faster than the economists estimated. The currency also gained against the euro.(...)
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Chilean Peso Goes Up as Demand for Copper Increases

NewsInspector — Thu, 02 Sep 2010 10:04:12 +0000

The Chilean peso rose today as the outlook for the exports of the raw materials improved after the US and China reported about the better-than-expected growth of the manufacturing.(...)
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Aussie Benefits from Australia’s GDP, US & China’s Manufacturing

NewsInspector — Wed, 01 Sep 2010 21:43:51 +0000

The Australian dollar strengthened today as the pace of Australia’s economic growth was fastest in three years and after the reports showed that the manufacturing in the US and China expanded faster than predicted.(...)
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USD/CAD Falls on Improving Risk Sentiment, May Decline Further

NewsInspector — Wed, 01 Sep 2010 19:23:19 +0000

The Canadian dollar rebounded today as the improving risk appetite pushed the stocks and crude oil higher and increased the appeal of the currencies linked to the economic growth.(...)
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Rand Rebounds as Manufacturing Expands

NewsInspector — Wed, 01 Sep 2010 14:38:44 +0000

The South African rand rebounded today from the monthly low after the local manufacturing expanded for the first time in three months and as the economic data from Asia was better than expected.(...)
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Dollar Falls on PMI and Fed Meeting Minutes

NewsInspector — Wed, 01 Sep 2010 12:21:07 +0000

The US dollar fell today against the euro and the Japanese yen as the Chicago Business Barometer fell more than estimated and on the signs that the Federal Reserve won’t raise the interest rates. The Fed also failed to provide the clear plan to add more stimulus to support the US economy.(...)
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Swiss Franc at Record High Against Euro

NewsInspector — Tue, 31 Aug 2010 23:47:03 +0000

The Swiss franc reached the record high level against the euro and the highest level since January 11th versus the US dollar today after the report showed the growth of the local consumption and as the demand for the safe haven increased the appeal for the franc, which is considered the safe currency nowadays.(...)
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CAD Extends Decline, Economy Shows No Signs of Improvement

NewsInspector — Tue, 31 Aug 2010 20:05:05 +0000

The Canadian dollar extended its decline for the second day as the poor macroeconomic data continues to undermine the attractiveness of the currency to the global investors. This month can be the worst for the Canadian currency since June 2009.(...)
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Thai Baht Demonstrates Best Performance Since February 2008

NewsInspector — Tue, 31 Aug 2010 09:07:10 +0000

The Thai baht strengthened today, showing this month the best performance since February 2008, after the central bank raised the borrowing costs and as the pace of the nation’s economic growth was the fastest in 15 years.(...)
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South Korean Won Drops on Concern for Lower Export Demand

NewsInspector — Tue, 31 Aug 2010 08:43:28 +0000

The South Korean won dropped today on the concern that the slower economic growth in the US would diminish the demand for the Asian exports. The US is the third biggest foreign market for South Korea.(...)
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