Forex Pros – Last week saw the Canadian dollar soar to a 3-month high against its US counterpart on Thursday, before falling sharply on Friday after ...See all stories on this topic »
Forex - USD/CAD weekly outlook: August 9-13
Source: www.forexpros.com
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Spanish non-performing loans will continue to rise- EcoMin
Spanish economy minister Salgado says that non-performing loans at Spanish banks will continue to rise into next year. Spain is the epicenter of the housing bust in Europe, suffering over-building only seen in places like Las Vegas and Miami in the US. EUR/USD trades at 1.3780, up from 1.3757...
Tuesday Sector Leaders: Metals & Mining, Information Technology Services
In trading on Tuesday, metals & mining shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of Usec...
Reserve Bank of Australia Keeps Rate on Hold at 4.25%
The Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.25%. The RBA said: “With growth expected to...
Japan: The Backdoor to Emerging Markets
Japan: The Backdoor to Emerging Markets by Steve McDonald, Investment U Contributing Editor Friday, November 4, 2011 Who would turn down a chance...
Japanese Black Swan Causes a Nuclear Meltdown
By Michael Trinkle, ForexTraders Today the worlds focus is still on Japan and the countrys multitude of crises. The Japanese stock market was down by more than 6% today, but the rest of the world was mostly calm, perhaps on the expectation that the aftermath of the catastrophe will not be that bad...