Euro climbs as level called 'consistent'

Article Abstract:

Industry analysts at the European Central Bank said that the euro is maintaining historical averages as it rose to record highs against the dollar. Bank officials said the high value of the euro should not hurt exports from the European Union.

Foreign trade, International trade, International aspects, Euro (Currency), European Union, European Union. European Central Bank, Euro currency transition

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Dollar slides on concerns over power shortage

Article Abstract:

Industry analysts said that a decline in the Canadian dollar following the recent power failure in Ontario may lead to further economic decline. The manufacturing sector has been forced to cut production due to the power failure.

Use of energy, Economic aspects, Reports, Energy use, Manufacturing processes, Manufacturing, Recessions, Power failure, Power failures

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Dollar plunges on signs of US recovery: Has biggest one-day tumble since July

Article Abstract:

The Canadian dollar dropped at 75.02 cents (US), down from 75.84 cents. It is reported as the single-day drop since July.

United States, Forecasts, trends, outlooks, Forecasts and trends, Foreign exchange, Foreign exchange rates, Market trend/market analysis

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