Posts published in January 2010

The yen managed to gain versus most of the 16 main traded currencies today after a negative U.S. housing report brought risk aversion up among investors, which opted for the safety provided…

The euro may extend last month’s decline versus emerging markets and commodity linked currencies as the economic recovery expected for the beginning of 2010 may rise appeal for riskier assets, damping demand for the European…

The Norwegian krone benefited today from a high rise in the crude oil rates, as Norway is one of the main suppliers of energy for the European Union, helping its currency to gain sharply versus the euro…

This year started with a growing demand for metallic commodities as investors expect that the global economic recovery will rise industries’ needs for raw materials, helping the South African currency to start…

The loonie, as the Canadian currency is nicknamed for the image of the waterfowl on the C$1 coin, started the year gaining versus most of the 16 main traded currencies as its chief export, the crude oil, advanced further,…

The U.S. currency is having a negative start in this year’s first session as stocks and commodities rose worldwide, boosting demand for higher-yielding assets and currencies from commodity exporter countries, leaving the greenback…

The Australian dollar may start the year gaining against refuge currencies like the yen, and currently not so attractive currencies like the pound and the euro as a global recovery expected for 2010 may trigger…

The Canadian currency rebounded in the end of 2009 despite the nation’s central bank statements that a strong currency can be an obstacle for exporters and consequently to the economic recover, as global demand for commodities rose more…