The Chilean peso was the best performing currency among the commodity-linked ones in foreign-exchange markets this Friday as a positive economic report in the South American nation allowed the peso to gain versus multiple main…
Posts published in “News”
Pound Declines on Asset Purchase Speculations
The pound posted a weekly decline versus multiple important currencies of its trading partners as a strong sentiment of risk aversion towards assets in Europe made traders to opt for refuge currencies overseas, as the British…
Unemployment Decline Boosts Greenback Rally
The dollar ended this week’s session posting a weekly advance versus most of the 16 main traded currencies in foreign-exchange markets as an unemployment report published this Friday brought more positive figures…
Mexican Peso Falls on Adverse Trading Scenario
The trading scenario this Thursday was entirely against the Mexican currency, which faced worse-than-expected data coming from the U.S., its main trading partner, and a strong sentiment of pessimism as European public…
Canada’s Dollar Weakens on Pessimistic Markets
The Canadian dollar touched a new record low for 2010 versus its U.S. counterpart as a massive wave of risk aversion irradiating from Europe caused commodities and equities markets to decline worldwide. The loonie…
Pound Falls Sharply on BOE Statements
The pound declined today versus multiple important currencies after U.K.’s central bankers stated that quantitative measures may be resumed in the country if the economic conditions fail to improve, adding…
Eurozone Members’ Budget Struggle Affects Currency
The euro declined today versus virtually all of 16 main traded currencies as European Central Bank officials stressed on the economic difficulties faced by multiple countries using the single currency, declining appetite…
NZ Dollar Falls on 2009 Record High Unemployment
The New Zealand dollar started this Thursday falling sharply versus virtually all main traded currencies as its unemployment rate reached the highest rates in a decade, suggesting that the South Pacific…
Norway’s Krone Falls on Central Bank Warning
The Norwegian krone slid today versus the world’s main traded currencies, as the nation’s benchmark interest rates were maintained on hold by the nation’s central bank, and are unlikely to be raised as soon as speculators…
Canadian Dollar Slides on Stocks, U.S. Data
The Canadian dollar posted its first day of losses this week as risk appetite that fueled its rally since Monday decreased today, forcing markets with strong influence with…