The New Zealand dollar has been impacted by a decline in risk appetite globally on growth concerns in Europe and North America, but today, after the country’s trade balance showed a smaller trade deficit,…
Posts published in “News”
U.K.’s Pound: New Budget Deficit Victim?
The U.K.’s currency continued to decline as speculations that a new long term crisis is likely to unfold in Britain as concerns regarding the country’s record budget deficit will be a solid obstacle on the way…
Risk Averse Scenario Moves Loonie Charts
The Canadian dollar slid to the lowest level in two weeks versus its U.S. counterpart as pessimism regarding the global economy is affecting the outlook for currencies linked to growth, as its the case of the loonie, since…
Yen Benefits on European Risk Aversion
The yen was one of the biggest winners in the beginning of this Thursday’s session in Asia, as risk aversion surging from Europe is attracting investors to the safety profile of the Japanese currency. Speculations that Japanese…
Euro: The Endless Pit in 2010
The euro has just touched a new record low for 2010 versus the greenback and the yen on speculations that Greece will suffer its first credit downgrade this year, which would follow…
Loonies Decline Halted on Fed Comments, Oil Rebound
The Canadian dollar had a disappointing start this week as a combination of global pessimism and optimism exclusively to the U.S. economy declined appeal for currencies tied to growth, but today the loonie ended its losing…
Dollar Ends Rally on Interest Rates Comments
After gaining since the beginning of this trading session on speculations that a robust U.S. economy would provide grounds for borrowing costs to rise in the following months, the dollar slid as government officials stated…
Speculations Regarding SNB Affect Franc
The Swiss franc advance has been a subject of great concern among central bankers in the tiny European nation as exporters are being affected by its high prices, raising speculations that the SNB…
Yen Benefits From Overseas Negative Reports
The Japanese yen, known as the safest bet in forex markets during times of uncertainty, profited today from negative releases in both Europe and North America, allowing the Asian refuge currency to post the sharpest…
Global Economic Concerns Impact Loonie’s Price
The sharp and strong economic recovery expected by some analysts for this year has not yet been confirmed, and new concerns regarding the global economic future influenced negatively the demand for Canadian exports…