The dollar had another severe fall today declining to the lowest level in 2009 versus the euro as the Federal Reserve has not yet made any statements against the current decline for the nation’s currency,…
The Australian dollar had a sharp rally today versus most of the 16 main traded currencies after a government official made positive comments regarding the future outlook of the Australian economy, creating speculations…
Risk aversion rose today favoring the Japanese currency after a U.S. gross domestic product report indicated a slow down in the quarterly growth, creating speculations that the nation’s recovery will take…
The Mexican peso rose after Fitch Ratings finally ended a speculations drama and cut the country’s rating one level, making the peso to grow as currently it is one of the cheapest currencies among…
The Canadian currency, which started the week rallying majorly versus its U.S. counterpart, was one of the worst performers today as commodities and stocks faltered, influencing negatively the outlook for the loonie and other currencies…
The South African rand, one of the best performing emergent market currencies in 2009 fueled by a commodities prices rally, extended its gains further today as a report published showed that the country’s…
After a losing week versus the U.S. dollar and the euro, the Brazilian currency had a rebound today as optimism returned to markets bringing investors to inject capital in emergent economies, providing support for the Brazilian real…
After posting the worst week in almost two months, the Canadian currency rebounded sharply today paring most of its previous days losses, as commodities exported from Canada had an increased demand…
After posting a negative performance last week versus its main rivals, the euro and the dollar, the pound had a breather today as risk appetite returned to equities and commodities markets, providing support for the U.K.…
After having a significant rally in the end of the last week versus the euro and several high-yielding currencies, the dollar fell today considerably, as the Federal Reserve is likely to maintain its interest rates at a record…