Posts published in May 2009

The dollar has posted its third week of losses against the euro, mainly due improved world financial conditions, shrinking demand for refuge currencies. A report to be released in the…

The euro had a slight rise against the dollar after the European Central Bank cut its benchmark interest rate to 1 percent, a record low for the European economic…

The Aussie rose against the yen after a regional jobs report in Australia showed an increase in employment conditions and data. The yen had a day of losses against the main…

The loonie weakened for the first time in six days as the crude oil price fell, making Canada’s currency to drop from a 6-month high. The Canadian currency has been…

The yen and the dollar rose against the euro after U.S. regulators affirmed that the Bank of America Corp. will need more than $30 billion in new capital,…

The Brazilian currency has been rallying against the dollar since risk appetite has increased last week on global markets, a rise in commodity prices and the domestic stock…

After consecutive days rallying against the dollar and the yen, the euro fell on speculations that the European Central Bank will cut its interest rates to stop…

The South Korean currency has been favored since the beginning of the year by both domestic and international signs of improved economic conditions. The South Korean stocks rallied…

The yen continued the bearish trend which started last week when positive economic news pushed the equities market up, decreasing demand for the low-yielding Japanese currency.…

The loonie posted gains for 5 weeks in a row, on speculations that the global financial turmoil is easing, pushing commodity prices up. Canada’s currency has been a fantastic investment since the…