The Brazilian real continued to gain versus the greenback today as renewed demand for Brazilian products helped the national stocks to gain, adding confidence to the real’s outlook. The Brazilian currency is one of the best performing this year…
Posts published in July 2009
The loonie reached the highest level since October as stocks and commodities rose, improving attractiveness for the Canadian currency. The U.S. dollar is been affected by a strong risk appetite wave, which decreased attractiveness for the greenback,…
U.S. Dollar Down Before Home Sales Report
The U.S. dollar started another week losing against currencies like the euro, as a report today is expected to show that home sales in the United States rose significantly, suggesting…
Yen Drops as Asian Stocks Rally
The yen entered its eleventh day of losses versus most of the 16 main traded currencies as a rally in Asian stocks suggests that evidences indicating the end of the global…
South African Rand Down on Merging Speculations
The South African currency, which hit an eleven-month high versus the greenback this week, pared its weekly gains as an Indian newspaper affirmed that the merging of Bharti with MTN may take longer than expected, raising…
Canadian Dollar Ends Week High on Government Statement
The Canadian dollar ended another day gaining versus its U.S. counterpart, as government officials affirmed that the country may be already getting out of recession.…
The Mexican currency posted another week of gains versus its main trading partner’s currency, the U.S. dollar, as emergent-market currencies profited on higher confidence among…
Pound Slides on Quarterly Recession Numbers
The pound posted losses today versus most of the 16 main traded currencies as today, gross domestic product figures released in the United Kingdom revealed that the quarterly recession…
Euro Rises on Manufacturing Report Figures
The euro posted the first climb versus the U.S. in four days as this Friday a report indicated that the European manufacturing and services contracted at a slower pace, and…
The South African Rand climbed sharply today as a stake in one of the main South African mobile operators may be purchased by an Indian…