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Fundamentals showed signs ...

Last week witnessed a number of major fundamentals from the Asian region which helped provide a clearer picture for the curre

posted by ColdFire 1 hour 9 minutes ago read more >>

Have jobs, strong dollar, ...

The dollar is up. Ditto job growth. Even the GDP is proving perkier than expected. But if you still need more evidence that d

posted by Flexie 1 hour 9 minutes ago read more >>

Tapping into the market's ...

There's a fair amount of doom and gloom surrounding the global wine business, but Canadian consumers should be ecstatic with

posted by defferson 2 hours 39 minutes ago read more >>

A boon to March break tra ...

Canada's manufacturers and exporters are likely to feel the squeeze after the Canadian dollar crept closer to parity on Frida

posted by Flexie 1 hour 22 minutes ago read more >>

Germany says unaware of G ...

Germany's Finance Ministry said on Saturday it was not aware of any agreement by euro zone members to provide a multi-billion

posted by Shari 2 hours 11 minutes ago read more >>

Greece's Debts Top 300 b ...

European Union member states seem to have agreed on a bailout package scheme for Greece on Friday. The euro zone consisting o

posted by twilight 5 hours ago read more >>

Yen falls in Asia followi ...

The yen fell in Asian trade Friday following rare remarks by Japanese Prime Minister Yukio Hatoyama who called for “firm st

posted by milkyway 5 hours ago read more >>

Geithner predicts U.S. wi ...

Treasury Secretary Timothy Geithner, offering his most optimistic outlook on the economic recovery to date, predicted Friday

posted by realtrade 6 hours ago read more >>

February sales impress ...

Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up pur

posted by busybee 6 hours ago read more >>

Japan PM calls for 'firm ...

Japan’s Prime Minister Yukio Hatoyama on Friday made a rare call for “firm steps” to stem the strength of the yen as th

posted by newsinabox 6 hours ago read more >>

Fundamental

Greece's economy to fall 2% - bank chief

posted by post-it 6 hours ago in EUR, Fundamental

Greece's economy will shrink more than the government is forecasting this year, its central bank governor said.

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Loonie Approaches Parity on Bets Central Bank

posted by keiragabe 8 hours ago in CAD, Fundamental

Canada’s dollar came the closest to parity with its U.S. counterpart since July 2008 as traders bet faster-than-forecast job creation increases odds that the central bank will raise interest rates.

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Italian workers on general strike, demand lower taxes

posted by chuzzle 8 hours ago in EUR, Fundamental, Employment

Thousands of Italian workers went on a general strike Friday, demanding for lower taxes and a stop to further lay-offs.

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February retail sales rose despite winter storms

posted by realtrade 8 hours ago in USD, Fundamental, Retail Sales

February was hardly an ideal month for retailers: snowstorms blanketed many parts of the country and car dealerships faced an uproar over safety concerns. But sales for the month still rose solidly, the government reported Friday, raising hopes t

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As unemployment rate drops, Tory MPs crow

posted by chloegurl 13 hours ago in CAD, Fundamental, Employment

A surprisingly strong jobs report from Statistics Canada on Friday pushed the Canadian dollar to its highest level since the summer of 2008, prompting the federal Conservative government to take credit for the improving economic picture.

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Futures Traders Boost Bets on Euro Drop Vs Dollar to Record

posted by Tantan 14 hours ago in USD, EUR, Fundamental

Futures traders placed the biggest bets on record that the euro will decline against the dollar even as European officials mulled guaranteed debt sales to help Greece survive a budget crisis that may threaten the monetary union.

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Canada Job Growth Beats Forecasts; Currency Surges

posted by edward 14 hours ago in CAD, Fundamental, Employment

Canada created more jobs than expected in February and the jobless rate fell to a 10-month low, cementing Prime Minister Stephen Harper’s view that the economic recovery is under way.

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N.Z. Dollar Set to Rebound After ‘Exaggerated’ Losses-RBC

posted by Buck 14 hours ago in NZD, Fundamental

The New Zealand dollar’s slide this year has been excessive and any sign inflation will accelerate may boost the currency, according to RBC Capital Markets.

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Gold and silver daily commentary

posted by GoldTatoo 15 hours ago in Fundamental, Gold, Metals

It would seem as if a number of outside market forces are providing the bull camp in gold and silver with an early lift today.

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US Dollar Slides To New Multi-month Low Against Mexican Peso

posted by friendlydude 16 hours ago in USD, Fundamental

Against its Mexican counterpart, the dollar traded lower during New York deals on Friday. At about 2:15 pm ET, the pair touched 12.5234, which may be compared to Thursday's closing value of 12.565. This set a new multi-month low for the US curren

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Dollar's surge a bonus for March break travellers

posted by Alex 16 hours ago in USD, CAD, Fundamental

A sudden surge in the loonie means better value for Canadians heading south for March break, but with parity expected perhaps as soon as next month vacationers should keep their focus on short-term shopping gain, according to a senior currency st

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U.S. to Enforce Antitrust in Farming, Holder Says

posted by HarrisClan 16 hours ago in USD, Fundamental, Agriculture

The Obama administration will probe consolidation in the agriculture industry and enforce antitrust laws where it finds excessive market power hurting competition, Attorney General Eric Holder said.

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