Posts published in October 2009

Japanese Yen Rises on Funds Repatriation Speculations

The Japanese yen grows against the U.S. dollar today after yesterday’s correction on USD/JPY pair, as the traders are speculating on the possible funds repatriation performed by the Japanese exporting companies. The Bank of Japan…

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Pound Extends Gains on Mortgage Approvals

The pound has been recovering steadily this week and extended its gains this Thursday as mortgage approvals in the British Isles rose, adding investors’ confidence to inject capital in the U.K.’s financial sector,…

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Brazilian Real Rebounds on Domestic and Global Optimism

The Brazilian had one of the sharpest climbs versus the U.S. dollar today as both the domestic and international economic scenario set the risk appetite high increasing appeal for emergent market currencies, and setting the greenback…

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Crude Oil Affects Mexican Peso Rate

A decline in crude oil rates forced down a basket of currencies which are originally from oil exporter countries, which is the case for the Mexican peso, continuing a losing streak versus the U.S.…

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Norwegian Krone Down Despite Central Bank Optimism

The Norwegian krone lost versus currencies like the dollar and the yen, as traders become more risk averse as a negative home sales report was published in the United States, affecting commodities rates and consequently…

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Canadian Dollar Down Another Day on Stocks

This week is being one of the most negative for the Canadian currency in months, as stocks and commodities declined significantly, and considering the loonie one of the most influenced currencies by these movements, today’s drop…

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Pound Extends Gains on Retail Sales

Speculations that retail sales would post another month of gains were confirmed providing support for the pound to regain terrain versus the euro and several other currencies, changing the negative outlook for the British…

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Sweden’s Krona Down Further on Economic Outlook

The Swedish currency has been one of the biggest losers in the European currency market as producer prices declined again in September, raising concerns towards the economic recovery in the country. Since Riksbank affirmed that…

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