Posts published in “News”

Yen Gains on U.S. Weak Housing Report

The yen managed to gain versus most of the 16 main traded currencies today after a negative U.S. housing report brought risk aversion up among investors, which opted for the safety provided…

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Euro to Fall Versus Commodity Linked Currencies

The euro may extend last month’s decline versus emerging markets and commodity linked currencies as the economic recovery expected for the beginning of 2010 may rise appeal for riskier assets, damping demand for the European…

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South African Rand Advances on Metallic Commodities

This year started with a growing demand for metallic commodities as investors expect that the global economic recovery will rise industries’ needs for raw materials, helping the South African currency to start…

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Canadian Dollar Up High on Oil Rally

The loonie, as the Canadian currency is nicknamed for the image of the waterfowl on the C$1 coin, started the year gaining versus most of the 16 main traded currencies as its chief export, the crude oil, advanced further,…

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Weak Dollar Start in 2010 on Equities Rally

The U.S. currency is having a negative start in this year’s first session as stocks and commodities rose worldwide, boosting demand for higher-yielding assets and currencies from commodity exporter countries, leaving the greenback…

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Aussie Dollar May Gain on Commodities

The Australian dollar may start the year gaining against refuge currencies like the yen, and currently not so attractive currencies like the pound and the euro as a global recovery expected for 2010 may trigger…

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Canadian Dollar Posts Monthly Gains, To Advance in 2010

The Canadian currency rebounded in the end of 2009 despite the nation’s central bank statements that a strong currency can be an obstacle for exporters and consequently to the economic recover, as global demand for commodities rose more…

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Dollar Gains on Jobless Claims Decline

The U.S. currency rebounded versus the euro before the end of this week’s session as another positive report brought optimism towards the economic outlook in 2010 for the United States. After losing versus the pound,…

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Brazil’s Real Ends Year as Best Performer

The Brazilian real finished 2009 as the best performing currency in foreign-exchange markets among 16 main traded currencies, as stocks had the highest rise in 6 year in the South American nation. Brazil’s resilience…

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