Posts published in July 2009

Mexico is, together with Canada, one of the main energy suppliers for the United States energy demands, and its national currency, the peso, fell again today as the crude oil declined in New York.…

The Canadian dollar, which started the week with an outstanding performance as traders, attracted by yield and driven by optimism, bought the loonie, fell today against several currencies as the crude oil, the main Canadian commodity…

The euro is having one of the most positive weeks against the U.S. dollar in two months, as a risk appetite wave brought investors to…

The yen started today rebounding against several currencies like the euro and the pound, after CIT Group Inc. said it will probably not receive a federal loan to attempt a restructuring plan,…

The pound climbed sharply against the dollar and the yen as an employment report with optimistic figures may have indicated that the worst of the…

The loonie posted the third day of advances against its U.S. counterpart as the crude oil, one of the main country’s exports, advanced today, boosting demand for the Canadian currency. The Canadian dollar has been…

The South African rand, which posted several weeks of decline as a new wave of risk aversion spread around equities and currency markets, rose as the world cup stadium construction workers strike ended,…

The yen and the greenback proceeded for a third day dropping as a report in the United States today is likely to indicate that the industrial production is shrinking at a slower pace, rising…

The Brazilian currency rebounded against the U.S. dollar after May retail sales were published today, with better than expected figures, indicating that the Brazilian economy is recovering from…

The Canadian currency climbed today as Goldman Sachs posted higher than expected earnings, bringing confidence to traders to purchase high-yielding assets in equity markets, consequently raising attractiveness for the loonie. The Canadian dollar…