The New Zealand currency fell versus the U.S. dollar and the yen after speculations suggested that Japanese investors are repatriating capital invested abroad and Asian stocks had a rather bearish start…
Posts published in September 2009
Yen Climbs on New Government Expectations
The Japanese currency started this week gaining sharply versus most of the 16 main traded currencies as speculations suggest that a shift in the Japanese government will change regulations toward the national currency,…
Canadian Dollar Drops Sharply on Oil Rates
The Canadian dollar had one of the worse weekly performances in months as a decline in crude oil prices towards the end of this week affected negatively the loonie’s outlook, considering the energetic commodity as one of the main…
Brazilian Real Declines Again on Slow Economic Recover
The Brazilian Real had an extreme volatile week, declining again towards the end of this week’s session after hitting the highest rate in 2009 versus the greenback days earlier. A rather bearish tone…
Yen Extend Gains after G-20 Meeting
The Group of 20 meeting moved market sentiment towards the end of this week’s session, and the yen was one of the best performing currencies climbing to a seven-month high after statements made in the meeting. Japan’s…
Pound Touches Record Low on G-20 Meeting
The British currency was once again affected by the international economic scenario reaching the lowest rate versus the euro in six-months, as the G-20 announced that banking institutions will be better regulated in order…
New Zealand Dollar Climbs on G-20 Stimulus
The New Zealand currency has been one of the best performers among the 16 main traded ones in foreign-exchange markets, since the global economic recovery brought risk appetite back among investors…
Faltering Oil Affects Canadian Dollar Performance
The Canadian dollar along as other high-yielding currencies, witnessed a fall today in trading markets as the crude oil price, one of the main nation’s exports, declined sharply, affecting the loonie’s performance in foreign-exchanges markets…
Stocks Force Brazilian Real Down
Global stocks declined today on speculations that interest hikes around the world will be delayed, decreasing attractiveness for higher-yielding emergent market currencies like the Brazilian real, which declined from…
Australian Dollar Climbs on Banks’ Resilience
The Australian dollar climbed today versus most of the 16 main traded currencies as the national central bank affirmed that the largest financial institutions in the country showed themselves resilient from the crisis and are…