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By Toni Hansen |
April 5, 2013
Traders have a number of reports to watch next week including the release of FOMC minutes, retail sales and PPI report.
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By Brendan Murray and Scott Lanman, Bloomberg |
April 5, 2013
After watching Ben S. Bernanke take unprecedented steps for four years to rebound from the worst recession since the Great Depression, the Bank of Japan is signaling that the Federal Reserve’s full-throttle approach to stimulus is the way to end 15 years of deflation.
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By Ari Altstedter, Bloomberg |
April 5, 2013
The Canadian dollar fell in its biggest loss in nine months against its U.S. peer after the nation unexpectedly lost jobs last month by the most since the last recession four years ago.
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By Christine Harper and Daniel Kruger, Bloomberg |
April 4, 2013
Primary dealers, the select group of banks and brokers that have held a seat at the center of the U.S. government debt market since 1960, are losing influence.
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By Joseph Ciolli, Bloomberg |
April 2, 2013
The euro fell versus the majority of its 16 most-traded peers as a report showed unemployment in the 17-nation currency bloc climbed to a record in February, adding to concern the economy will struggle to emerge from recession.
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By Jaime Macrae |
April 1, 2013
There has been a divergence from the historically positive correlation between the price of crude oil and the loonie, with WCS rising while the Canadian dollar fell. With the oil picture shifting in Canada’s favor, a significant short covering could be in the offing.
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By Stephen Kirkland and Sarah Pringle, Bloomberg |
March 27, 2013
Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped, as concern about Europe’s debt crisis deepened.
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By Taylor Tepper, Bloomberg |
March 27, 2013
Canada’s dollar rose versus a majority of its most traded peers after consumer prices rose at the fastest monthly pace in more than 20 years in February, raising speculation about an interest-rate increase.
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By Ari Altstedter, Bloomberg |
March 26, 2013
The Canadian dollar rose for a fifth day against its U.S. counterpart as oil, the country’s largest export, touched its highest point in a month, prompting investors to reverse near-record bets the currency will fall.
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By Tom Schoenberg and Andrew Zajac, Bloomberg |
March 20, 2013
Freddie Mac sued Bank of America Corp., UBS AG, JPMorgan Chase & Co. and a dozen other banks over alleged manipulation of the London interbank offered rate, saying the mortgage financier suffered substantial losses.