The euro climbed versus a number of currencies in the start of this week as investors’ confidence rose in the region, providing support for speculations regarding the end of the recession in the countries using the European common currency. This week…
Posts published in September 2009
Canadian Dollar Extend Gains on U.S. Optimism
The Canadian currency climbed even further before the end of this week’s session after optimism was renewed among traders with stocks and commodities climbing, After both Canada and the U.S. posted…
Brazilian Real Benefits From U.S. Jobs Report
The Brazilian report had a rebound towards the end of the week after U.S. employment conditions start to show small but essential signs of recovery, suggesting that one of Brazil’s most important trading…
Mexican Peso Climbs on U.S. Employment Data
Today, after U.S. employment data indicating that jobs were suffered less losses than forecasts, risk appetite returned to markets worldwide, favoring emergent market currencies like the Mexican…
Canadian Dollar Climbs on Employment Data
After being traded in the lowest rate in almost two months, the Canadian dollar rallied sharply today on a report that indicated an increase in job numbers in the country, surprising analysts and traders positively. A very…
Euro Declines On ECB President Comment
After yesterday’s ECB President comments suggesting that the economic recovery in the region will be a hard process, the euro fell versus a number of main traded currencies, and headed to complete the second week…
Brazilian Real Rebounds Further on Economic Growth Speculations
After slashing most of its previous 2 months gains this week, the Brazilian continued further a rally that started yesterday, today fueled by forecasts that indicate a less significant…
Crude Oil Volatily Influences Canadian Dollar
The Canadian dollar did not manage to maintain its early climbs falling again versus its U.S. counterpart as the price of crude oil confused investors regarding demand for the commodity. Since last…
Swedish Krona Declines on Extended Loans
The Swedish currency declined today versus the euro and most of the 16 main traded currencies as the national central bank maintained interest rate in its historic record low of 0.25 percent leaving space…
Euro Gains Before ECB Meeting
The euro rebounded today after a negative performance during the beginning of the week as speculations regarding the future of the Eurozone economy improved, indicating growth beyond previous forecasts, spurring the attractiveness for the euro today. The European…