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Moving Away From U.S. Dependence, Canada Works to Diversify Its Exports and Service Sector

Historically 80% of Canada's trade has been with the U.S., but in recent times Canada has been actively working to diversify its export trade. read more »
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Obama Administration to Reveal Data on Health of Top Banks

The Obama administration is drawing up plans to disclose the conditions of the 19 biggest banks in the country, according to senior administration of[...] read more »
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US foreclosure filings in 2008 rose 81% from 2007

U.S. foreclosure filings in 2008 rose 81% from 2007 and tripled from 2006, RealtyTrac reported on Wednesday.A total of nearly 3.16 million foreclosur[...] read more »
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Calculated Risk: Summary Post: New Home Sales at Record Low

January 2009 home sales are discussed. The figures were not just bad, they were the worst ever on record. A must read for anyone even considering goi[...] read more »
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Dollar Loses Slightly on G-7 Comments

The dollar started this week losing versus the euro and the pound after speculations that Group of 7 central bankers would provide statements support[...] read more »
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Increase of Copper, Gold & Oil

Copper rose to 10-months high. Gold gained as the dollar slid boosting demand for the metal as hedge against inflation. Crude oil jumped after German[...] read more »
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Retail sales plunge 2.7% in December

Stung by weak demand and falling prices, U.S. retail sales plunged a seasonally adjusted 2.7% in December from November, the Commerce Department estim[...] read more »
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U.S. GDP Positive Report Pushes EUR/USD Up

U.S. dollar loses against the euro for the first day in a week on positive GDP growth. read more »
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Decline of Soybeans; Falling Cocoa Exports in Nigeria; Gain in Gold

Soybeans slid this month as good weather increased yield prospects in the U.S. Cocoa exports in Nigeria can fall because of jute bags shortage. Gold [...] read more »
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Will the Dollar Rebound Before 2009 Ends?

The dollar had one of the best weekly performance in months gaining versus most of the 16 main traded currencies as the Group of 7 suggested that a s[...] read more »
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U.S. Jobs Data Shows Drop in Initial Unemployment Claims

Initial unemployment may be down, but there are still other employment issues that threaten economic recovery. read more »
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Dollar On Record Low after G-20 Agreement

The dollar lost versus most of main traded currencies as the Group of 20 will extend measures to stimulate the global economy, adding confidence amon[...] read more »
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Dollar Slides Before Fed Meeting

The dollar, which rebounded since last Friday as economic reports did not reflect a favorable situation in Asia and Europe, declined slightly versus [...] read more »
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China, U.S. pledge cooperation after "robust" talks

China and the United States pledged on Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation [...] read more »
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Rebound Gold; Increased Demand for Corn

Gold rises as dollar falls today. Corn prices rebounded on speculation that its consumption in the U.S. may rise. read more »
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