The Swedish krona has been losing terrain versus the dollar as the U.S. economy signals of recovery has been leaving space for speculations regarding interest rate hikes, declining attractiveness for the Swedish currency.…
Posts published in December 2009
Inflation Growth Helps Pound to Gain
The pound gained today versus several important currencies and specially versus the euro after a report showed an increase in the U.K.’s inflation, helping speculations that interest rates will be raised in the country…
Canadian Dollar Rallies Fueled by Oil Performance
The Canadian dollar managed to climb versus most of the 16 main traded currencies as its main export, the crude oil, advanced today after posting its sharpest fall this year in the beginning…
Dollar on Record High Before Reports
The U.S. dollar reached the highest rate in more than 2 months as a speculations regarding a series of reports to be released today indicate that favorable numbers will help the Federal Reserve to lift…
Dollar Down Slightly on Temporary Risk Appetite
After several days gaining versus most of the 16 main traded currencies, the dollar dropped since risk appetite provided strength for currencies to gain versus the greenback, erasing partially gains earned…
South African Rand Remains Bullish on Dubai Optimism
The South African rand extended gains from last week as concerns regarding Dubai’s debt declined today, providing support for risk fueled traders to purchase assets in emergent markets and commodity linked…
Aussie Dollar Up On Renewed Dubai Optimism
After trading near $0.90 in the end of the last week as the U.S. dollar rose against its Australian counterpart, the Aussie, pushed by renewed risk appetite, managed to climb significantly not only versus…
Euro Rebounds on Abu Dhabi-Dubai Bail Out Plan
After falling consistently versus the greenback in the end of the last week, the Euro posted a timid rebound and also gained versus several higher-yielding currencies, as concerns regarding Dubai’s debt eased after Abu…
Pound to Trade Below $1.60 on Weak Resilience, Fed Rate Hikes
The U.K. economy is being one of the slowest to recover from the global slump that started in the second semester last year, and as economies recover globally faster than in the British Isles, the pound may…
Dollar Bullish Trends Gain Momentum
The dollar ended this week with the highest rate versus the European common currency after positive reports in the U.S. suggested that the North American economy’s pace of recovery is accelerating, attracting…