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Forex Market News & Analysis

Pound v US dollar: Political concerns dominate exchange rate after May manifesto U-turn - Express.co.uk

This, in turn, would likely slow the pace of future rate hikes from the Federal Reserve, leaving the US dollar facing marked downside risks. Despite this, tomorrow could see GBP/USD fall even further, given that government borrowing figures are ... ... (Read More)
Posted by Canada Forex Portal on 05/25/2017

Aben Resources Announces AGM Results - Junior Mining Network

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 25, 2017) - Aben Resources Ltd. (TSX VENTURE:ABN)(OTCBB:ABNAF)(FRANKFURT:E2L2) ("Aben" or the "Company") today announces results from the Company's Annual General Meeting held May ... ... (Read More)
Posted by Canada Forex Portal on 05/25/2017

A Reminder on NAFTA and Agriculture - Bovine Veterinarian

From 2014 to 2016, the U.S. produced an annual average of 14,322 million bushel of corn. Exports were 1,996 million bushels, or 14% of total production. Together Canada and Mexico's imports of 560 million bushels constitutes 28% of total US corn ... ... (Read More)
Posted by Canada Forex Portal on 05/25/2017

ICO flags hedge fund role in coffee price tumble - Agrimoney.com

Hedge funds are the primary cause of the drop in coffee prices which has driven both arabica and robusta futures to multi-month lows, the International Coffee Organization said, noting broad correlations in commodity moves. The ICO, which said that ... ... (Read More)
Posted by Canada Forex Portal on 05/25/2017

USD/CAD Canadian Dollar Lower After USD Rebound ahead of BoC - MarketPulse (blog)

The Canadian dollar is trading lower at 1.3523 after the USD erased all loses versus the loonie on Tuesday. The greenback regained traction ahead of the release of the U.S. Federal Reserve minutes from the monetary policy meeting earlier in May. The ... ... (Read More)
Posted by Canada Forex Portal on 05/24/2017

Weakening US Dollar poised to boost Apple's sales performance overseas - AppleInsider (press release) (blog)

In its Fiscal 2014 10K filing, the company noted that weakening foreign currencies "adversely affects the U.S. dollar value of the Company's foreign currency-denominated sales and earnings," and added that a stronger dollar generally results in the ... ... (Read More)
Posted by Canada Forex Portal on 05/24/2017

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