Industry News

Aussie rises after RBA leaves interest rates unchanged

Posted On: March 31, 2014
The monetary unit of Australia pushed higher against the U.S. dollar on Tuesday after the Reserve Bank of Australia opted to leave borrowing costs intact, Bloomberg reports. [More]

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Turkish lira benefits from incumbent party's strong election showing

Posted On: March 30, 2014
The monetary unit of Turkey achieved sharp gains on Monday as strong confidence spread regarding the political fortunes of the incumbent prime minister's party, Bloomberg reports. [More]

Category: Industry News

Euro remains low as ECB prepares to convene

Posted On: March 30, 2014
The shared currency of the European Union slumped toward its lowest value in about 30 days against the U.S. dollar as the trade week began amid confidence the European Central Bank (ECB) will indicate stimulus policy steps when it convenes a meeting later this week, Bloomberg reports. [More]

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Aussie, Kiwi barrel toward monthly gains

Posted On: March 27, 2014
South Pacific monetary units are set to mark monthly gains against the U.S. dollar amid confidence for a brighter economic outlook, Bloomberg reports. [More]

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Euro slumps against dollar as CPI data slows

Posted On: March 27, 2014
The shared currency of the European Union notched a fourth consecutive trading session of losses against the U.S. dollar on Friday amid movement in consumer price inflation movement in two key regions of the euro zone, Bloomberg reports. [More]

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Rupee advances as national elections near

Posted On: March 27, 2014
The monetary unit of India was pushing toward its top quarterly gains since 2012 amid a brighter outlook for a new government aiding the economic recovery, Bloomberg reports. [More]

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Euro strengthens against greenback

Posted On: March 27, 2014
The shared currency of the European Union rose in value on Thursday against the U.S. dollar, according to Bloomberg. [More]

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Yuan edges down against greenback

Posted On: March 27, 2014
The monetary unit of China endured losses on Thursday against the U.S. dollar after the People's Bank of China established a weaker reference rate, Reuters reports. [More]

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Kiwi gains after country notes strong trade surplus

Posted On: March 26, 2014
The monetary unit of New Zealand pushed to its top level since Summer 2011 against the U.S. dollar on Thursday after the South Pacific nation disclosed a bigger-than-forecast trade surplus for last month, Bloomberg reports. [More]

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Euro slumps after ECB member commentary

Posted On: March 25, 2014
The shared currency of the European Union dipped on Wednesday against the U.S. dollar, enduring losses as officials with the central bank said they are considering pulling back monetary policy, Reuters reports. [More]

Category: Industry News