Posts Tagged ‘economic’

Forex News – Canadian Dollar Remains Bearish on Stocks Performance

Wednesday, January 27th, 2010

The Canadian dollar did not manage to revert its losing trend today as equities and commodities continued to decline globally, fueling emerging concerns that Canada’s economic recovery will suffer from a slower-than-expected recovery in most of its main trading partners.(…)Read the rest of Canadian Dollar Remains Bearish on Stocks Performance (134 words) Posted on Forex News. Read more… Technorati Tags: bearish, Canada’s, canadian, [...]

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Action Insight-Forex Analysis – BoC: Rate Unchanged, Economic Recovery Impaired by CAD Strength

Tuesday, January 19th, 2010

The Bank of Canada kept the overnight rate unchanged at 0.25% and pledged to keep it at current level until the end of the second quarter of 2010 in order to achieve the inflation target. Concerning economic development, the central bank believed strong Canadian dollar will continue to dampen activities… Read more… Technorati Tags: bank, [...]

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Forex News – Dollar Profits From Global Economic Pessimism

Sunday, January 17th, 2010

This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets.(…)Read the rest of Dollar Profits From Global Economic Pessimism (157 words) Posted on Forex News. Read more… Technorati Tags: advance, dollar, economic, Forex, global, news, pessimism, post, profits, [...]

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