The Japanese yen rose slightly against the euro and the U.K. pound today as the exports, boosted by the demand from the emerging markets, showed a significant increase, causing the economy to recover with the greater-than-expected pace, though…
Posts published in “News”
Swiss Franc Drops After Aggressive Intervention by SNB
The Swiss franc experienced a decline against the euro because of the intervention by the Swiss National Bank, as the central bank was selling the currency after it reached the record high level. One of the SNB Governing…
Chilean Peso Profits from Earthquake Damage
The Chilean peso gained, cutting its losing streak, which it experienced for three weeks, on speculation that the government and insurers may start selling dollars, to pay for fixing the damage caused by the earthquake…
Pound’s Rally is Supported by Opinion Polls
The pound continues its rally versus the U.S. dollar, touching the highest level since March 22nd, as the survey showed that the Conservative party is leading against the opposing Labor party in the election,…
The U.S. dollar rose slightly above the opening level after it dropped today to a lowest level in a week versus the euro as the pace of the global economic rebound increase, forcing down the demand from…
Dollar Appeal Declines on Riskier Assets Outlook
The dollar continued to lose ground this Wednesday as appetite for risk remains predominant in trading markets worldwide this week, making investors to bet higher-yielding assets once and moving the dollar towards a weekly…
Yen Falls Affected by Global Optimism
The yen is having a hard time this week as risk appetite rose globally, decreasing attractiveness for the relative safety available in assets in the Asian country, being of the worst performers during the past days…
Dollar Down on Renewed Global Confidence
After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday’s session losing versus important worldwide currencies, as risk appetite brought…
Canadian Dollar Falls as Rally Slows
The Canadian dollar dropped versus 9 of most traded currencies this week on concern among speculators that its rally won’t last. The Canadian currency fell against the euro as European government’s…
Dollar Confirms Another Weekly Gain on EU Crisis
The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets…