Posts published in March 2014

Euro Recovers Thanks to Account Surplus

Euro is recovering from its recent lows today, thanks in large part to a currency account surplus in the eurozone. For the first time in three days the 18-nation currency is gaining against the US…

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Aussie Rallies with Asian Stocks

The Australian dollar climbed today even as a report showed that growth of leading indicators eased in January. The likely reason for the rally was the gains of Asian stocks. The Conference Board Leading Economic Index…

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Interest Rate Outlook Boosts Brazilian Real

The Brazilian real gained today on speculations that the central bank will keep raising interest rates, attracting investors from countries with near-zero interest rates to South American nation’s assets.…

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