The Canadian dollar traded high versus its U.S. counterpart and several other key-currencies in foreign-exchange markets as its main commodity export, the crude oil, rose again allowing the loonie to start this…
Posts published in “News”
Papandreou Comments Force Euro Down
The euro had just started the week gaining versus the dollar and the yen as the negative sentiment regarding the Greek crisis slowly fades, but after comments coming from Greece that the fiscal crisis…
Zloty Hits Record High on Rate Talks
The Polish zloty is facing a scenario different from its neighboring currencies in the Baltics, central Europe and the euro as interest rates may rise in the following months to control the country’s growing inflation, helping…
Bank of England’s Decisions Affect Pound’s Performance
The pound remained bearish this week as market sentiment towards assets in the U.K. didn’t manage to improve, after interest rates remained at a record low in the country, according to what most analysts expected…
Euro Ends Rally on ECB Extended Stimulus
The European single currency posted its first day of decline versus the greenback this week after the regional financial regulator affirmed that some of its stimulus to help the economy to recover will…
Is The Greek Crisis Coming to an End?
The euro profited today after Greece announced several measures to tighten its massive budget deficit, allowing the confidence towards the Eurozone and making the euro to rank among the best performers in currency markets…
Swedish Krona Down on Eurozone Optimism
The Swedish krona fell for another day this Wednesday as optimism in the Eurozone and negative releases in the Nordic country declined attractiveness regionally for assets in Sweden. The krona is very likely to end this week…
Consumer Confidence Support Sterling’s Advance
The U.K. currency entered its second day of gains versus most of the main traded currencies after evidences of economic improvements started to appear in the country, increasing appetite for assets in the country, which have…
Dollar Down after European News
The dollar started this Tuesday losing versus European and higher-yielding currencies as positive events in the old continent pushed further up risk aversion in trading markets globally, making the pound and the euro to rank…
Chilean Peso Climbs After Earthquake
The Chilean peso oddly profited from a natural tragedy that impacted the country in the first night of this month, as speculations suggest that the reconstruction process in the country, will allow the country’s economy to accelerate.…