After a very sharp fall versus the euro and high-yielding currencies, the dollar gained today as equities markets, specially in the U.S. ended a rally that started in the beginning of the week with renewed optimism regarding…
Posts published in “News”
Aussie Dollar Rocketing on Rates Hike
The Australian dollar rose versus most of the 16 main traded currencies as interest rates were once again raised in the country, making the Aussie currency one of the most attractive investment in foreign-exchange markets…
Brazilian Real Benefits From China’s Manufacturing
The Brazilian real, together with most emergent markets currencies, climbed today, specially versus the greenback and the yen, as risk appetite returned to markets on renewed optimism. After China posted the sharpest monthly…
Crude Oil Sets Canadian Dollar to Record High
The Canadian dollar touched the highest rate in 2 weeks after risk appetite returned to commodities and equities markets, forcing the main Canadian export, the crude oil, up, and consequently affecting positively the rates…
Dollar Weakens on Pending Home Sales, Dubai Rescue
The dollar had another day of negative performance versus the euro and most of high-yielding currencies this Tuesday as home sales in the U.S. improved and Dubai World’s debts are likely to be rescue by the Abu…
Polish Zloty Rises on GDP Acceleration
The Polish currency gained today versus several currencies in the region and the U.S. dollar as GDP figures fort the third quarter beat forecasts, setting the confidence towards the Polish economic recovery to higher levels.…
Canadian Dollar Advances on GDP Figures
After Canada posted positive quarterly gross domestic product figures, the national currency benefited on the economic outlook and optimism, advancing versus most of the 16 main traded currencies in foreign-exchange markets. Even…
Pound Drops on Consumer Confidence Decline
The U.K. currency start this week falling versus the euro and several other currencies as report showed a decline in the domestic consumer confidence, indicating that the U.K. still hasn’t managed to surged from…
Dollar Down as Risk Appetite Returns
The U.S. currency started this week losing versus the euro and several high-yielding currencies as the United Arab Emirates central bank affirmed that it will guarantee payments delayed by the state-owned investment…
Pound Posts Weak Performance on Growth Outlook
The Pound reverted a winning trend in the beginning of the week to plunge and lose versus most of the majors towards Friday’s session end, as stocks and commodities fell globally decreasing attractiveness for the U.K.’s currency, which is…