Monday, June 1st - The Canadian Gross Domestic Product decreased in the first quarter of 2009 by the most since 1991...
Canada’s GDP falls 5.4% in 1st Quarter, most since 1991. CAD falls in Currency Trading
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Dukascopy Morning Forex Overview - Sept 29 09
Previous session overview The dollar and euro rose against the yen in Asia Tuesday as Japanese importers bought the two currencies to procure natural resources cheaply from overseas, but traders expect the greenback to soon resume falling. Hedge funds also sold the yen to unwind positions they had...
EUR/USD drifts off lows; Canadian comments leave a mark
It is rare that this Canadian prime minister takes a shot at his neighbor to the south but mild-mannered PM Harper called US deficits “Long-term, structural and dangerous” a short while ago. That’s gonna stick. It has the same rhythm as timely, targeted and temporary and safe,...
Thursday Sector Laggards: Agriculture & Farm Products, Music & Electronics Stores
In trading on Thursday, agriculture & farm products shares were relative laggards, down on the day by about 1.4%. Helping drag down the...
US Treasury confirms bank TARP repayment of $68bln
The US Treasury has confirmed overnight talk that US banks are starting to repay some of the TARP bail-out funds. It really was a classic case of buy the rumour sell the fact in Eur/Usd as we drop below 1.4000. Good news though with the Trasury saying that they have received repayments from Banks...
USDJPY trades higher
USDJPY has overcome the offers at 97.50-60 to take out small stops above 97.60. Its still looking bid after the morning market seems to have got itself short trying to trigger sub 97.00 stops. Look for an attempt at 98.00 going into...