The Australian and New Zealand currencies rose today, before declining later, after the reports showed that number of building permits in these countries increased in July.(...)
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The euro slumped today, ending its two-day rally against the dollar, on the speculation that the European Central Bank will stop to increase interest rates as economic outlook became uncertain.(...)
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The Great Britain pound fell during the previous week, but rose at the beginning of this week. Could it be a sign that the sterling is going to reverse its bearish trend? The currently available data shows that such case is unlikely.(...)
Read the rest of Forecast: Fundamentals Aren’t Favorable for Pound (202 words)

The Russian ruble retreated after its has gained as crude rallied for the third day on optimism for global economic, making Russia’s currency more interesting for investors who are willing to risk in search for higher yield.(...)
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The Canadian dollar gained, rising to the highest level in more than a week against the greenback, as stocks and commodities rallied, making the growth-linked currency appealing to investors.(...)
Read the rest of Market Optimism Makes Loonie Stronger (135 words)