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Other currencies forex news (CHF, CAD, JPY, NZD, AUD)

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Mar 10, 2011 08:23 pm
#1
roxanaz User

Messaggi: 95
Member since: 27/01/2011

Swiss franc and yen up on news Saudi police opens fire on protesters

The Swiss franc and Japanese yen climbed against major currencies after Associated Press reported that Saudi police opened fire against protesters in the east of the Kingdom. AP cited a witness in the city of Qatif that said he saw police fire on several hundred protesters marching the street ahead of Friday's scheduled demonstration. The dollar fell to 0.9295 CHF, after it had reached a high of 0.9362 CHF. Later, the dollar was recovering some losses to buy 0.9322 CHF. The euro slipped to day's low of 1.2830 CHF, to trade steady afterward at 1.2848 CHF. Against the yen, the greenback was trading at 82.94 JPY, still up 0.28%, but down from day's high of 83.17 JPY. The euro was down 0.65% versus the yen, to buy only 114.26 JPY. The pound also reached fresh lows against the two currencies immediately after the news.

Mar 11, 2011 09:39 am
roxanaz User

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Member since: 27/01/2011

Yen recovers after fall due to huge earthquake in Japan

The Japanese yen slipped against the dollar after a huge earthquake hit Japan, triggering a slide also in Japanese shares, but soon recovered lost ground. According to the US Geological Survey, the earhtquake had a magnitude of 8.9 on the Richter scale and caused a huge tsunami. The dollar rose immediately to a high of 83.29 JPY against the Japanese currency, but the yen soon pared losses and the dollar was buying only 82.77 JPY, down 0.19%.

Mar 11, 2011 12:11 pm
roxanaz User

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Member since: 27/01/2011

Canada unemployment rate remains at 7.8%, above expectations

Canada unemployment rate remained unchanged at 7.8% in February, above expectations of 7.7%, while the net change in employment fell to 15,100 from 69,200, below expectations of 23,500.

Mar 11, 2011 12:32 pm
roxanaz User

Messaggi: 95
Member since: 27/01/2011

Canadian dollar down after weak employment data

The Canadian dollar slipped against the dollar after data showed the economy created only 15,100 new jobs in February, far below expectations and the previous month data, while the unemployment rate stood unchanged at 7.8%. The US dollar hit a high of 0.9790 CAD after the data was released, but was slowly losing ground after to buy 0.9778 CAD, still up 0.27%. Analysts were expecting the Canadian economy to add 23,500 jobs in February after the positive figures from January, of 69,200 added jobs. Also, the forecasts were showing an unemployment rate of 7.7%, from 7.8% the previous month. Canada has recovered its job market lost during the recession faster than the United States, but the February data dissapointed markets. The average hourly wage of permanent employees — which is closely watched by the Bank of Canada for inflation pressures — rose 2.5% from February 2010, up from 2.3% year-on-year rate in both January and December.

Sep 05, 2011 10:46 pm

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Member since: 08/02/2011

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