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Dollar reaches a new high ahead of US manufacturing data release
Fri, 02 Jan 2015 15:04:09 GMT
 
On Friday the US Dollar climbed to a nine-year high versus other major currencies, prior to US manufacturing data report release. On account of the recent US data, expectations were >>
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Ruble faces biggest annual drop since 1998 as government fails to support the currency
Tue, 30 Dec 2014 13:42:03 GMT
 
The Russian ruble got closer to the worst annual decline since 1998 as government interventions suffered a setback in strengthening its currency. This year the Ruble was the worst performing >>
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Oil falls to the lowest since 2009 on record stockpiles
Tue, 30 Dec 2014 12:50:05 GMT
 
Oil dropped to the lowest since 2009 due to speculation that US crude inventories will remain at the highest level in 30 years. US futures for the commodity declined 1.7%, >>
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European consumers spend more as inflation rate falls
Mon, 22 Dec 2014 12:14:10 GMT
 
As oil becomes more affordable, the European households are starting to spend more. According to Jens Weidmann, Bundesbank President, this may act as a positive factor for the Euro zone >>
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China is willing to help Russia, as the country needs it
Mon, 22 Dec 2014 12:03:04 GMT
 
China is ready to support Russian currency with the help of currency swaps, as the Rouble lost 59% of its value against the US Dollar due to a drop of >>
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Canada retail sales data fall in October
Fri, 19 Dec 2014 14:00:14 GMT
 
Canada Retail sales decreased in October, as the number of cars sold is diminished and the activity at the pumps reduced. Economists expect a drop of 0.3% in October, followed by an >>
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Bank of Japan maintains high stimulus as the Oil's price falls
Fri, 19 Dec 2014 13:49:06 GMT
 
The bank of Japan adopts high stimulus, as Kuroda wants to avoid an increase in inflation amid the collapse of Oil's price. Economists expect the central bank nudges the monetary >>
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US Dollar rises versus Euro after Janet Yellen speech on interest rates
Thu, 18 Dec 2014 10:23:12 GMT
 
The Greenback appreciates against the Euro, reaching the strongest level in a week, as Janet Yellen announced the Fed may increase interest rates if it met the economic parameters imposed. >>
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SNBN introduces negative interest rates of 0.25%
Thu, 18 Dec 2014 10:12:09 GMT
 
The Swiss Franc has weakened after Switzerland's central bank surprised the markets by announcing it would impose negative interest rates of 0.25% on commercial bank deposits. The Swiss National Bank >>
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Rouble regains ground
Wed, 17 Dec 2014 14:44:03 GMT
 
A day after the central bank made an unexpected move to increase the key rate from 10.5 to 17%, sending the Rouble in a free-fall on Tuesday, the Russian currency >>
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Oil slips beneath $63
Fri, 12 Dec 2014 14:25:05 GMT
 
Brent crude oil dipped under $63 today, the lowest level since the summer of 2009. Among the quoted reasons are oversupply of the commodity and dim prospects for demand recovery >>
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China's industrial production disappoints
Fri, 12 Dec 2014 14:13:05 GMT
 
The pressure on the Chinese's central bank to intensify the monetary stimulus is rising, as the industrial output showed weaker growth than expected. While the economists expected a 7.6% expansion, >>
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Euro holds ground after TLTRO
Thu, 11 Dec 2014 12:47:04 GMT
 
Though at first the single European currency fell to 1.2414 amid the discouraging news on the German and particularly French inflation, it then pared most of the losses in view >>
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Australian unemployment rises to highest level since 2002
Thu, 11 Dec 2014 12:35:09 GMT
 
Despite the employment change surprising to the upside (42.7K against 15.2K expected), the unemployment rate in Australia reached its 12-year high. As a result, as of 12:22 GMT, the Australian >>
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Euro remains exposed to depreciation against US Dollar
Wed, 10 Dec 2014 10:30:56 GMT
 
The Euro negated today's early gains against the US Dollar after the currency started the day strong, reaching the level of $1.2400. This weakness is largely attributed to the uncertainty >>
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