Tag: Bonds
Canadian Dollar Posts Biggest Annual Drop on Oil Decline
By Cordell Eddings
Dec. 31 (Bloomberg) — Canada’s dollar posted its biggest annual decline on record as crude oil plunged and investors sought refuge in the U.S. currency from the deepening global recession. Government bonds rallied in 2008.
Posted: January 1st, 2009 under News.
Tags: Bank of Canada, Bonds, Canada's dollar, Crude Oil, U.S. Currency
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U.K. Pound Posts Worst Annual Performance Against Euro on Rates
By Lukanyo Mnyanda
Dec. 31 (Bloomberg) — The pound posted its worst annual performance against the euro since the 15-nation currency’s 1999 debut and traded near parity on bets the Bank of England will keep cutting interest rates to revive the economy.
Posted: January 1st, 2009 under News.
Tags: Bonds, Euro, European Central Bank, Pound, The Bank of England
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Australian, New Zealand Dollars Slide as Economic Growth Slows
By Candice Zachariahs
Dec. 3 (Bloomberg) — The Australian and New Zealand dollars fell as a report showed the Australian economy grew at its slowest pace in eight years in the third quarter.
Posted: December 3rd, 2008 under News.
Tags: Australia's currency, Australian Dollar, Australian Economy, Bonds, currency, Financial crisis, floating rates, investment, New Zealand Dollar, Recession
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