The Australian dollar posted a significant decline this week and may extended its losses versus currencies like the U.S. and the Canadian dollar after policy makers affirmed that interest rates may not be hiked further in the short term, decreasing attractiveness for the Aussie dollar in currency markets.(…)Read the rest of Australian Dollar to Decline on Interest Rate Outlook (165 words)
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The Brazilian currency posted the second straight week of losses versus the U.S. dollars and several other currencies as risk aversion was predominant in this week’s session forcing investors back to safer bets in refuge currencies like the yen and the Swiss franc.(…)Read the rest of Brazilian Real Falls Further on Risk Aversion, Currency Outlook (149 words)
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The pound found support to trade near a one-month high level versus the euro after a report showed an improvement in the number of mortgage approvals, adding attractiveness for the sterling before the end of this week’s session.(…)Read the rest of Pound Remains Bullish on Mortgage Approvals (62 words)
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The Canadian currency is ranking among the best performers today in foreign-exchange markets as the crude oil and metallic commodities rose today, favoring Canadian stocks that benefited from tensions in the Middle East region.(…)Read the rest of Canadian Dollar Benefits on Iran-Iraq Oil Tensions (141 words)
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The Japanese currency fell today versus the 6 main traded currencies in foreign-exchange markets after the nation’s financial authority followed the global trend among wealthy nations and ruled out rate hikes for the short-term future, declining attractiveness for the Asian currency.(…)Read the rest of Yen Falls on BOJ Low Rates Policy (141 words)
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FXstreet.com (C?rdoba) ? The Swiss Franc was among the few currencies to post daily gains against…
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