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Mar 26, 2013
Forex: USD/CAD in 5-week lows
The Canadian dollar is appreciating against the greenback for the second consecutive session, now dragging the cross to the boundaries of 1.0170, levels last seen in late February...
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Mar 26, 2013
Forex Flash: EUR weakness unable to abate – Deutsche Bank
In his recent interview with the Financial Times and Reuters, Mr. Dijsselbloem said he was effectively “pushing back the risks” that sovereigns or EU authorities would be left to shoulder the burden of bank bailouts. He added that the relative market calm in recent months, coupled with the lack of market panic following the decision to force depositors to pay for the bailout of two large Cypriot banks, allowed the Eurozone to go after private money more aggressively when banks failed.
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