The New Zealand dollar started this Friday losing versus currencies from its main trading partners as central bankers from Australia and the U.S. are adopting a hawkish tone leaving the New…
Posts published in “News”
Canadian Dollar Down on U.S. Discount Rate
After touching the highest rate in February on renewed risk appetite, the Canadian dollar retreated versus its U.S. counterpart after the Federal Reserve raised its discount rate for the first time in three…
Discount Rate Surprise Fuels Dollar Rally
The dollar touched the highest level in 2010 versus several important currencies this Thursday as the Federal Reserve raised its bank discount rate for loans, spurring demand for assets in the country as the economy seems…
Pound Suffers as British Economy Struggles to Rebound
The British pound was one of the worst performing currencies today in foreign-exchange markets as its monthly budget deficit for January decreased appeal for assets in the country and fueled speculations that economic stimulus will…
Chilean Peso Down on U.S. Economic Improvement
The Chilean peso suffered with the side effects of positive reports in North America that attracted traders to purchase assets in the U.S., leaving emerging markets in a second plan for traders to invest their money,…
Brazilian Real Profits on National Stocks Advance
The emerging market Brazilian currency advanced today after carnival’s bank holidays, fueled by a rally in the nation’s stocks supported by better than expected data published today in the U.S., allowing the real the reach…
Canadian Dollar Slides Versus Greenback on U.S. Data
After reaching almost its record high versus the U.S. dollar this month as risk appetite rose globally, the Canadian dollar slid as U.S. economic data published today attracted traders…
Dollar Revives Rally on Domestic Data
The dollar gained today versus most of the 16 main traded currencies paring yesterday’s losses as demand for assets in the U.S. rose after several better than expected figures came out in reports…
Mexican Peso Climbs on Prospective Foreign Investors
The Mexican peso had another day of advance as commodities rose globally and speculations that foreign investors will purchase the nation’s bonds helped the Latin American currency to extend its rally for another…
Australian Dollar Extend Gains on Interest Rates Outlook
The Aussie profited today from a risk driven scenario in global markets and extended yesterday’s gains after central bankers in the nation said that interest rates may be hiked further this…