The European single currency slid for another day versus most of the 16 main trades ones in forex markets as Greece and the EU are exchanging accusations towards each other regarding the southern country…
Posts published in March 2010
Canadian Dollar Flirts with Greenback Parity on Commodities
The Canadian dollar gained for another session, in a rally that seems to be endless, as the Federal Reserve ratified its dovish position on its interest rates, allowing the strong flow of capital from the U.S.…
Euro Couldn’t Sustain Gains on Budget Concerns Return
The euro lost versus against most of the main traded currencies this Wednesday as Greek budget deficit was once again hitting the headlines of European news, decreasing appetite for the bloc’s single currency,…
Loonie to Reach Parity with Greenback?
After a rather gloomy start of the year for the loonie as investors returned to the U.S. as its economy picked up in the two moths of 2010, the Canadian dollar is once again making its way towards…
Dollar Suffers from Fed Rates Policy
The dollar has started this week losing versus important currencies after the Federal Reserve made dovish statements regarding the country’s interest rates outlook, shunning investors to purchase assets in North…
U.K. Housing Data Boosts Pound’s Rally
The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards…
Dollar Down Before Weekend on Riskier Bets
Currencies tied to growth outperformed the U.S. dollar as risk appetite was predominant before foreign-exchange markets closed this Friday, considering that retail sales in North America expanded in the monthly comparison,…
Who Can Stop the Loonie?
The loonie ended this Thursday posting an amazing result of 10 straight days of advance versus its U.S. counterpart and also gaining versus multiple important currencies as risk appetite has been…
Inflation Outlook Fuels Demand for British Pound
The British pound gained versus currencies from its main trading partners as odds that inflation will rise in the United Kingdom spurred demand for assets in the country, as it could lead to a series…
NZ Dollar Down on Rates Dovish Comments
After gaining for two consecutive days versus important currencies like the euro and the U.S. dollar, the kiwi currency didn’t manage to sustain its trend after central bankers in the country affirmed that…