25 votes
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Pound to Canadian Exchange Rate Forecast The Pound tested lower against the ...
The Pound tested lower against the Canadian Dollar during last week's session, trading down to 1.5591 on Wednesday. Significantly, the downward move failed to breach the 5-month low of 1.5545 which it last sank to on 17th January.
31 votes
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GBP/USD Continues Slipping Down For Now
On Tuesday Pound/Dollar continued decreasing with almost 130 pips. The Cable depreciated from 1.5771 to 1.5643 yesterday, in converse with the positive Interbank sentiment at almost +43%, closing the day at 1.5688. Today the British Pound is correcting ...
35 votes
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Tecan appoints Dr David Martyr new Chief Executive Officer
Founded in Switzerland in 1980, the company has manufacturing, research and development sites in both Europe and North America and maintains a sales and service network in 52 countries. In 2010, Tecan generated sales of CHF 371 million (USD 356 million ...
3 votes
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Bring Crowdsourcing into Manufacturing
I've been covering the manufacturing industry as a software analyst for the last year and a half at Software Advice, a site that helps manufacturers find the right software selection. Lately, I've spent a lot of time analyzing how tools such as ...
4 votes
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Greenback Weakens As Manufacturing Trails Forecast
Oil futures steadied following the release of the EIA crude oil inventories report, to trade around $98.65 a barrel from $98.84. The 17-bloc currency rose versus the dollar, driving the EUR/USD pair up from the opening level of $1.3076 to trade around ...
34 votes
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USD Index Searches For Support, Euro Outlook Remains Bearish
... monetary policy in order to see the USD recoup the losses from earlier this month. As the developments coming out of the world's largest economy reflects a more robust recovery, we should see the Fed raise its economic assessment for the region, ...
39 votes
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Bank Of Nova Scotia Issuing Benchmark Covered Bond USD Deal -Source
The triple-A rated bonds are 100% guaranteed, or "covered," by prime residential mortgages insured by Canada's national housing agency, the Canada Mortgage and Housing Corporation. "CMHC's obligations are those of Her Majesty The Queen in Right of ...
30 votes
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Gold firms as IMF talk benefits euro
"Corrective gains in EUR-USD could continue as there are large short positions in the euro and further gains may result in a sharp short covering euro rally," HSBC said in a note. "This would likely support gold. But... beyond a near-term rally, ...
36 votes
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The Carry Trade: RIP
There is only one main economic region (Australia) that offers an interest rate differential at this time. A position that is long AUD Australian dollar and short JPY Japanese yen, (Long AUD/JPY), will earn interest each day at 17:00 ET when swap ...
36 votes
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FXWRAP: Euro Surges After ECB Leaves Rates Unchanged
The dollar was nursing solid losses vs. the euro Thursday but slipped only slightly vs. the yen, the euro able to claw back some of its recent losses after the European Central Bank left interest rates on hold, ...
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Pound to euro exchange rate heads lower, but the outlook for GBP to EUR ...
"Despite some better than expected UK services and construction figures last week, sterling is not making the current gains over the euro down to a change in sentiment towards the domestic economy. It is intensifying concerns surrounding the eurozone's ...
3 votes
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US grains dip further on firm dollar, rain forecast
The worries about Europe sparked a rally in the dollar, which makes US commodities less attractive to investors looking for a hedge against inflation. MARKET NEWS * The US dollar hovered at one-year highs against a basket of major currencies in Asia on ...


