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Day: February 11, 2015
February 112015
Canadian Dollar Attempts to Hold Ground Despite Falling Oil
The Canadian dollar dropped today, declining for the second consecutive session against its US counterpart and the euro, following the slump of prices for crude oil — the major Canada’s export commodity. The loonie is trying to hold ground though, and the currency trimmed its losses as of now. Prices for crude oil halted its recent rally and were declining for several days due to concerns about oversupply. The Canadian currency often tracks moves of oil prices, […]
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February 112015
Euro Mostly Lower Against Majors as EU Leaders Meet
European Union leaders and policymakers are meeting today and tomorrow to try and figure out what should be done about Greece. Speculation about what could be next means a wary euro that is mostly lower against its major counterparts. Today, finance ministers from the eurozone are meeting to discuss various issues afflicting the eurozone, especially concerns about Greece. Greece’s finance minister is expected, […]
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