The U.K. fell “vertically” today after quarterly gross domestic product figures were published in London, signaling that the national central bank will have to extend its measures to help Great…
Posts published in October 2009
South African Rand Down on Press Speculations
The South African rand had the worst performance among 16 main traded currencies today after a news agency affirmed that the national central bank intended to intervene massively stopping the rand…
Swedish Krona on Interest Rate Forecasts
The Swedish krona fell today after the national central bank maintained interest rates at a record low, indicating that the Nordic economic will require further stimulus to recover from the current recession.…
Bank of Canada Pushes Loonie Down
After trading near parity with the U.S. dollar this month, the Canadian dollar was pushed away from equality with the greenback as the national central bank published a report on the subject, as well…
Dollar Down from Record High on Chinese Economic Concerns
The U.S. dollar rose after extending once again its record high for 2009 after China missed slightly its quarterly growth forecasts, and economic stimulus in the country will continue for a certain…
Mexican Peso Climbs on Government Reforms
After a part of the 2010 budget was approved by the government, confidence towards the Mexican economy improved, attracting investors to the Latin American emergent market and influencing positively the peso rates. The Mexican lower…
Brazil Real Rebounds on Optimism
The Brazilian real posted sharp gains today after several negative sessions on speculations that the country’s economic strength will induce central bankers to raise interest rates in the country, attracting more…
Pound High on Rate Hikes Speculations
The British pound gained versus its main rivals the euro and the U.S. dollar, after a day of decisions in the Bank of England in which the asset-purchase program was voted to be held unanimously, together with…
New Zealand Dollar High on Rates Increase Talks
The New Zealand dollar had a good performance today gaining versus the dollar and the yen after government officials did not relate a strong kiwi with eventual delays in interest rate hikes,…
Brazilian Real Declines on Central Bank Desperate Measure
The Brazilian real has been the best performing currency among the 16 more traded in foreign-exchange markets this year, and after a central bank measure to tax foreign investment on stocks and bonds to curb…