Posts published in April 2010

Commodity Prices & Stocks Drive Brazilian Real Upward

The Brazilian real strengthened against the U.S. dollar today as the rising commodity prices make better prospect for the exports and because the growing global supplies allows the traders to take more risk while seeking…

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Euro Climbs as Danger of Default in Greece Recedes

The euro advanced for the second straight day versus the U.S. dollar and the Japanese yen, supported by the announcement of the European Union officials that they are ready to aid Greece if necessary and also on outlook…

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Dollar May Be Bolstered by Consumer Demand

The U.S. dollar declined against the euro after the concern about Greece’s budget deficit has eased, but in the same time the U.S. currency gained versus the Japanese yen and may be further…

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Pound Is Rising with U.K. Production

The Great Britain pound rebounded against the U.S. dollar and the Japanese yen on the signs that the factory production in the U.K. surged in February by twice as much as the analysts predicted, to the highest since 2008, as the recent declines…

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China Lets Yuan Appreciate

The Chinese yuan gained on the prospect that the central bank will stop keeping the currency at current rate, removing the a 21-month-old peg, and allow it to appreciate, attempting to keep the inflation under control and also…

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Indian Rupee Falls as Importers Prefer Dollar

The Indian rupee fell as importers, particularly the nation’s refiners, increased the buying of the U.S. dollar to pay for increasingly costlier overseas purchases, utilizing the U.S. currency’s strength. The stronger rupee may attract trader…

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