ECB Holds Rates, Expands Asset Purchases, Euro Reacts Positively Posted: 06 Oct 2011 09:23 AM PDT |
BoE Expands Bond Purchase Program, Pound Tumbles Posted: 06 Oct 2011 07:50 AM PDT The Great Britain pound slumped today as the Bank of England held the main interest rates unchanged and expanded its bond purchase program today, signaling about weakness of the UK economy and debasing the nation’s currency.(...) Read the rest of BoE Expands Bond Purchase Program, Pound Tumbles (126 words)
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Canadian Dollar Retreats in Forex Trading Posted: 06 Oct 2011 06:21 AM PDT The Canadian dollar is retreating in forex trading, falling against major counterparts including the US dollar. Loonie is also struggling against other commodity currencies, dropping as it is used to fund purchases of the New Zealand dollar and Australian dollar. (...) Read the rest of Canadian Dollar Retreats in Forex Trading (149 words) Posted on Forex News. |
Franc Retreats as SNB Expands Currency Reserves Posted: 06 Oct 2011 03:01 AM PDT The Swiss franc fell today as Switzerland’s central bank reported its foreign currency reserves grew in September. Traders fear the bank may take additional measures to weaken the franc.(...) Read the rest of Franc Retreats as SNB Expands Currency Reserves (89 words)
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Stocks Rally, AUD & NZD Happy Posted: 06 Oct 2011 01:36 AM PDT The Australian and New Zealand dollar extended their rally today, rising against the US dollar for the third day, as stocks advanced amid renewed risk appetite of investors.(...) Read the rest of Stocks Rally, AUD & NZD Happy (70 words)
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Euro Holds Breath for ECB Posted: 05 Oct 2011 08:50 PM PDT Forex traders are waiting for the ECB announcement expected during the European session on Thursday. EUR/USD is slightly lower ahead of the decision, which some expect to result in a cut of 25 basis points. (...) Read the rest of Euro Holds Breath for ECB (90 words) Posted on Forex News. |
Brazil’s Real Gains as Central Bank Plans Support Currency Posted: 05 Oct 2011 04:03 PM PDT The Brazilian real advanced today amid the speculation the Federal Reserve and the European Central Bank are ready to meet the economic challenges and support the global recovery, while Brazil’s central bank is going to stem losses of the Brazilian currency.(...) Read the rest of Brazil’s Real Gains as Central Bank Plans Support Currency (104 words)
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Stocks’ Rally Troubles Dollar, Employment Improves in US Posted: 05 Oct 2011 12:05 PM PDT |
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