The U.S. dollar had a day of weak performance losing ground to currencies like the euro and the Australian dollar as speculations that a report to be released this Wednesday will indicate…
Dollar Down on Durable Goods Data Speculation
June 24, 2009
Posts published in June 2009
The Brazilian currency had the worst performance among the most traded currencies, as confused signals about the world economic situation increased risk aversion among traders, which are leaving high-yielding currencies…
The Japanese currency gained against all 16 most traded currencies as economic concerns continue to rise around the world, causing another day of losses in stock markets, and spurring demand…
Pound Falls on U.K. Home Prices Drop
June 22, 2009
The British pound fell against the U.S. dollar as a report indicated the first fall in U.K. home prices in five months, increasing risk aversion…
Yen Rises as Crisis in Iran Deepens
June 22, 2009
The yen, considered as a refuge investment for moments of instability, rose as the political crisis in Iran deepens, creating tension in the international financial scenario. The Japanese currency started this…
Canadian Dollar Falls as Stocks Decline
June 20, 2009
The loonie had a third week of losses as a fall in U.S. stocks and crude oil decreased the attractiveness for the high-yielding profile of the Canadian currency. Canada is one of the world’s most important commodity producers, and being…
Yen Returns to Fall as Stocks Continue Rally
June 19, 2009
The yen had another day of losses as equities markets around the world rebounded, damping demand for the Japanese currency as a refuge, and making high-yielding currencies to climb. The first solid signs of economic recovery in the European…
A Chilean government plan is likely to continue to push the national currency up, as it will sell $40 million daily in the Foreign-Exchange market, boosting confidence for the South American currency. The Chilean government affirmed in June 15 that a plan…
Pound Slides on Unexpected Negative Data
June 18, 2009
Retail sales dropped in May for the first time in three months, a fact that was not predicted by analysts, weighing negatively on the pound outlook for this Thursday making…
The Brazilian currency dropped to the lowest level in two weeks after weak global economic data decreased confidence among investors, attracted by safety and damping demand for commodities and emergent markets currencies. Brazils real…