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- US Dollar Index Declines as Cautious Optimism Makes an Appearance
- Euro Gains as Leaders Raise Firewall Limit to 800 Billion Euros
- NZ Dollar Rises with Asian Stocks
- Rand Advances Ahead of European Ministers’ Meeting
- Czech National Bank Maintains Interest Rates, Koruna Drops
- USD/CAD Drops as Canada’s Budget Deficit Expected to Shrink
US Dollar Index Declines as Cautious Optimism Makes an Appearance Posted: 30 Mar 2012 07:23 AM PDT US dollar index is lower today, declining as better news encourages cautious optimism and improves risk appetite. The greenback is lower against the euro on better news out of the 17-nation currency region, as well as encouraging news about consumer spending in the United States. (...) |
Euro Gains as Leaders Raise Firewall Limit to 800 Billion Euros Posted: 30 Mar 2012 06:46 AM PDT Euro is seeing a boost today as financial ministers in the eurozone agree to raise the firewall meant to contain the spread of sovereign debt crises to 800 billion euros. The move is only temporary, though, and designed to help the eurozone navigate the tricky waters expected over the next year or so. By June 2013, the permanent capacity is supposed to be set at 500 billion euros. (...) |
NZ Dollar Rises with Asian Stocks Posted: 30 Mar 2012 04:11 AM PDT The New Zealand dollar advanced today, rising against the US dollar and erasing its previous losses versus the Japanese yen, as Asian stocks gained ahead of the meeting of European finance ministers.(...) |
Rand Advances Ahead of European Ministers’ Meeting Posted: 30 Mar 2012 03:31 AM PDT The South African rand advanced against the US dollar today after three day of losses as the euro gained versus the greenback on hopes that European lawmakers would approve an increase of the bailout fund.(...) |
Czech National Bank Maintains Interest Rates, Koruna Drops Posted: 29 Mar 2012 05:18 PM PDT The Czech koruna rose today even after the Czech National Bank kept its two-week repurchase rate unchanged yesterday on concerns that the global economic slowdown will hurt demand for nation’s exports.(...) |
USD/CAD Drops as Canada’s Budget Deficit Expected to Shrink Posted: 29 Mar 2012 03:43 PM PDT Forex market sentiment wasn’t favorable for riskier assets today, but Canada’s dollar managed to gain against the US dollar and the euro. The currency also reduced its losses versus the Japanese yen.(...) |
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