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- Japanese Yen Remains Mostly Weaker
- US Dollar Rises as Quantitative Easing Becomes Less Likely
- Swiss Franc Jumps vs. Dollar & Yen
- Canadian Dollar Jumps as BoC Maintains Rate, Sees Signs of Stabilization
Japanese Yen Remains Mostly Weaker Posted: 09 Mar 2012 07:36 AM PST Japanese yen remains mostly weaker against other currencies today. Japan’s government continues to pressure the Bank of Japan to do what it can to encourage an economic recovery. However, with the yen mostly weaker, especially against the US dollar, the BOJ is unlikely to make any startling policy changes anytime soon. (...) |
US Dollar Rises as Quantitative Easing Becomes Less Likely Posted: 09 Mar 2012 06:23 AM PST US dollar is rising today, gaining as improved economic data provides support. With the latest non-farm payrolls report, it appears that the economy is recovering sufficiently that the Federal Reserve is unlikely to institute another round of quantitative easing to stimulate the economy. The news is giving the US dollar the upper hand right now. (...) |
Swiss Franc Jumps vs. Dollar & Yen Posted: 08 Mar 2012 04:14 PM PST The Swiss franc jumped today against the US dollar and the Japanese yen as positive market sentiment diminished attractiveness of the currencies of Japan and the United States.(...) |
Canadian Dollar Jumps as BoC Maintains Rate, Sees Signs of Stabilization Posted: 08 Mar 2012 11:51 AM PST The Canadian dollar advanced today versus the US dollar and the Japanese yen, rising for the second day, after the Canada’s central bank maintained its overnight rate at the previous level. The currency was down against the euro.(...) |
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