Tags: bank of canada

Respite for the US Dollar


25th April 2006
Currency traders were sent scurrying for cover as economic data released this afternoon showed a more resilient US economy than was expected. The US Dollar halted its decline as fx traders became more cautious. The Conference Board April Consumer Confide… more »
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Early Morning Forex Comment


08th March 2006
Currencies steady ahead of data and rate decisions The forex markets took a pause for breath in the Asian trading session. With the Bank of Japan starting their two day meeting the Japanese Yen remained roughly unchanged against the US Dollar, while tr… more »
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Midday Forex Commentry


07th March 2006
US Dollar grinds higher The US Dollar is continuing its steady march onwards, brushing aside all attempts to support the currencies. Comments last night by St. Louis Fed President William Poole indicating that the Federal Reserve would come down hard to… more »
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Early Morning Forex Comment


06th March 2006
US Dollar and Japanese Yen weaken a notch. Forex traders took a small step back from their certainty that the Bank of Japan will signal an end to quantitative easing after this weeks Central Bank meeting. The Japanese Yen eased towards 117.00 from 116.5… more »
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