Archive for April, 2008

Mexico peso at 2-year high after U.S. jobs data

Thursday, April 3rd, 2008

via Reuters MEXICO CITY, April 3 (Reuters) - Mexico's peso closed at a two-year high on Thursday after poor U.S. job market data reinforced views the Federal Reserve will further cut interest rates. The peso <MXN=> <MEX01> firmed 0.16 percent to 10.5595 per dollar at the central bank ...

Japanese Yen Crosses Stall before US Data

Thursday, April 3rd, 2008

The Japanese economic calendar has been devoid of any significant data over the past 24 hours and this will remain the case for the next 24 hours. Many of the Yen crosses have recovered significantly over the past week, but further strength will now be contingent upon Friday’s US non-farm payrolls ...

Canadian Dollar Falls as Gold Crushed

Tuesday, April 1st, 2008

via Canadian Economic Press 11:25 04/01 (CEP News) Montreal – A 4% drop in gold futures and broad-based U.S. dollar rally sparked a selloff in the Canadian dollar on Tuesday. Despite the weakness against the USD, the loonie is higher on other major crosses. The Canadian dollar was down 0.42 cents to 0.9703 ...