Posts published in September 2009

Mexican Peso Declines on U.S. Trade Dispute

The Mexican currency declined today after a series of international events affected the peso negatively, as the crude oil declined and China entered a trade dispute with the United States. After China started a probe…

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IPOs Optimism Fuel Brazil’s Real

The Brazilian currency proceeded with its previous week gains as optimism in the country’s equities markets rose, as new initial public offerings are likely to attract international capital to the Brazilian economy. The Brazilian…

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Pound Declines on Real Estate Pessimism

The pound started the week losing versus most of major traded currencies around the world as speculations suggested that the crisis in the real estate sector will continue in 2010, decreasing attractiveness for the U.K.’s currency…

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Protectionism Speculations Fuel Yen’s Rally

The yen, known for its safety profile, climbed further in the beginning of this week versus the euro as several other currencies as speculations suggesting that protectionist measures may be taken in trade between…

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Brazilian Real Declines on Economic Outlook

After touching a one-year high versus the greenback this week, the Brazilian currency declined in a corrective movement, as speculations suggested that the wealthiest economy in South America may not provide support for extensions…

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Mexican Peso Drops on Political Crisis

The Mexican peso climbed during this week as risk appetite rose in international trading markets increasing attractiveness for emergent markets assets, but today, after the opposition party attitude towards new…

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Australian Dollar Rebounds on Chinese Data

The Australian dollar was affected yesterday by a series of negative domestic reports that halted a rally which set the currency to a one year high versus the greenback, but today, after favorable…

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Pound Climbs on Bank of England Strategic Changes

The pound reached the highest level in almost a month versus the U.S. dollar and gained versus the euro after Bank of England statements regarding its strategy to stimulate the faltering British economy revived investors’…

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