Posts published in October 2009

The U.S. currency finally posted gains versus most of 16 main traded currencies as some investors suggested that the recovery in the North American economy is not compatible with such losses…

The Norwegian krone witnessed an intense rally this week sparked by a rise in crude oil rates and risk appetite among traders, but today, a downturn in stock markets throughout the world set…

The Mexican peso was rallying significantly this week but had its gains halted as Philadelphia manufacturing posted a timid grow for the past months, raising doubts towards the economic recovery pace…

The Polish zloty has been one of the best emergent market currencies since the world start to post its first signs of economic improvement in the first semester of this year, and today after a central…

The pound gained today after hitting several record lows this week specially versus the euro, as speculations indicate that the current central bank asset-purchase program may be suspended, finally…

After Chinese exports shrank at a slower pace according to a report posted today, the Hungarian forint found support in optimism regarding the global economic recovery to climb versus the euro, the U.S. dollar, and several…

The Brazilian main stock exchange continued to attract investors looking for yield as risk appetite grows globally, attracting investors to emergent countries and pushing the real to a new record high in 2009 versus several…

The South African currency witnessed a rally this week that set the rand to the highest rate versus the U.S. dollar after a decreased appeal for the U.S. currency combined with an increase in rates of metallic…

After Federal Reserve policy makers affirmations suggesting that interest rates will remain low for a long period of time in the United States, the greenback declined to the lowest levels in 2009 versus the euro,…

Both domestic and international economic scenario provided support for the Brazilian currency to climb against the greenback and several other majors, as revised economic growth for the South American nation came with positive figures.…