Posts published in November 2009

Dollar Gains Slightly as Unemployment Rises

Risk appetite suffered a significant impact towards the end of this week’s session after both U.S. and Canada published grim employment figures, forcing investors to take more cautions positions and bet…

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Canadian Dollar Down on Job Figures

After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded currencies and specially versus its U.S. counterpart,…

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Canadian Dollar Remain High Before Jobs Report

The Canadian dollar remained neutral at the highest level in more than a week before an employment rate which is due to be published tomorrow, defining the outlook for the loonie for the next week, since jobs…

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Euro Up as ECB Shifts Stimulus Program

The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased…

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Pound Up as Asset Purchase Program Changes

The pound climbed significantly versus the dollar, and to a lesser extent versus the euro as the national central bank extended its asset-purchase program less than expected, suggesting that the British economy is needing…

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Jobless Rates Push New Zealand Dollar Down

The New Zealand dollar lost versus most of the 16 main traded currencies this Thursday as the quarterly unemployment rate in the country grew further, decreasing attractiveness for the kiwi, as growing unemployment figures are…

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Dollar Down Before Fed Decision

The dollar had a day of losses versus most of 16 main traders before the Fed will publish its monetary policies decisions tomorrow, as investors expect a rather dovish tone in policy makers’…

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Brazilian Real Extends Gains on Domestic Optimism

Several reasons are providing support for the Brazilian currency to extend this week’s gains as risk appetite rose today increasing demand for commodities, injecting money in Latin American stocks, consequently adding…

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Canadian Dollar Extends Rally Before Fed Statement

The Canadian dollar continued to gain this Wednesday versus the greenback as demand for commodities produced in Canada and stocks worldwide gained significantly, raising attractiveness for the loonie even further, after several sessions of losses…

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Euro Climbs on Stocks Performance

After several days losing to safer currencies like the greenback and the yen, the euro had a sharp increase in its rates today after risk appetite returned to markets, mainly after some financial…

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