Posts published in October 2009

Canadian Dollar Strengthens on Decline Speculations

The Canadian dollar had the first session of recovery versus the greenback and several other major currencies after traders speculated that the current losing streak was not reflecting the present status of the Canadian…

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Yen Trading Higher as Stocks Tumble

The Japanese currency ranked among the best performers in currency markets after several days of losses as stocks declined worldwide, attracting traders to the safety provided by yen-priced assets, and favoring also safer…

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Pound Pares Losses After Exaggerated Rally

The pound reverted its losing trend from last week’s end, specially versus the euro, as traders interpreted the winning streak as inadequate, as U.K. could be starting its first signs of economic…

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Intervention Fears Set Brazilian Real Down

The Brazilian real, ranking among the best performers in currency markets this year with the Australian and New Zealand dollar, experienced another day of losses as the government may take further action to halt…

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Dollar Rebounds on Undervalued Speculations

The dollar had the best performance in more than a month this Monday as speculations suggested that the current rate, mainly versus the euro, would be to low to sustain, making the greenback to erase much…

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Will the Pound Shrink with U.K.’s Economy?

The pound has been one of the biggest losers this year in foreign-exchange markets since several reasons, specially due to an artificial credit bubble that destabilized the British economy when the global slump…

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Canadian Dollar Down on Central Bank Pressure

After trading near parity with the U.S. dollar in the beginning of the week, the Canadian dollar fell sharply after the national central bank stressed on the problems a strong currency could cause to the economic recovery…

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Dollar Gains on Federal Reserve Speculations

The dollar had a good performance versus the yen and several other currencies on speculations that the Federal Reserve will consider interest rate hikes before than previously announced. The dollar gained the most…

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Risk Appetite Sets Yen Down

The yen had a weak performance today losing versus most of the 16 main traded currencies towards the end of this week’s session as increased risk appetite has shunned traders from its…

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