Posts published in September 2009

Australian Dollar Slides on Job Figures

As unemployment surged in the South Pacific nation of Australia, speculations that interest rates will be hiked before the end of the year decreased, making the Aussie to post its first decline this week…

Read More

Dollar Rebounds as Stocks Fall

After a sharp decline yesterday due to increased risk appetite in stocks markets globally, the dollar rebounded today as speculations led traders to understand that the current gains in equities may not reflect…

Read More

Mexican Peso Extends Gains on Optimism

The Mexican peso had the fifth consecutive gains versus the U.S. dollar as optimism is helping stocks to climb globally, damping demand for the greenback and attracting investors to emergent markets like Mexico. Mexico…

Read More

Brazilian Real Benefits From Stocks Climb

The Brazilian real hit today a 3-week high versus the U.S. dollar as optimism forced up commodities and equities rates, bringing investors towards riskier assets in emergent markets like those of South…

Read More

Pound Climbs on U.K. Manufacturing

The pound climbed today versus most of the 6 main traded currencies as the situation starts to become more positive for the British economy, pushing stocks up in London and consequently attracting international inflows of capitals…

Read More

World Economic Rebound Forces Dollar Down

The dollar is losing this week versus important major currencies like the euro and the pound as renewed optimism towards an economic recovery damped demand for the safety profile of the United States currency, as investors…

Read More

Australian Dollar Rises on G-20 Economic Stimulus

The Australian currency is trading near the highest levels in 2009 after the Group of 20 most influential countries in the world affirmed that stimulus will remain to rescue the global economy, attracting investors…

Read More