The pound had a negative week versus the U.S. dollar as the U.K. posted its worst deficit figures since the measurement start, decreasing attractiveness for the British currency which performed positively in the previous week.…
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Australian Dollar Posts Weekly Drop on Stocks
The Australian dollar had one of the weakest performs in the past months this week as stocks declined worldwide, declining attractiveness for riskier assets as the opportunities available in the Australian high-yielding financial markets, forcing also…
South African Rand Down on Rally Concerns
The South African rand had the first week of decline this month as speculations suggested that the currency’s rally could be a problem for the country’s economic future. After gaining more than 25…
Canadian Dollar to Tumble Further?
The Canadian dollar is ending this week’s session as the worst in more than two months as stocks and commodities, extremely influential to determine the rates and sentiment for the loonie dropped, setting the North American currency…
Dollar Advances on Stocks Weak Performance
The dollar gained versus most of the 16 main traded currencies today as speculations surged that current levels for stocks are not backed by fundamental evidences, forcing equities down and bringing…
Swiss Franc Drops on Financial Regulations
The Swiss currency lost against most of the 16 main traded currencies as speculations suggests that the country is likely to tighten its financial regulations, decreasing attractiveness for the franc. The franc used to be,…
Chilean Peso Down on Central Bank Statement
The Chilean peso had a rally that set it to the highest rate in 2009 stopped after the central bank made a declaration regarding the current currency’s strength. After touching a recording high for this…
Canadian Dollar Deepens Losing Streak
It has not been a favorable day for the Canadian dollar as stocks went down globally, the crude oil, one of the nation’s main export tumbled, and more risk averse traders opted for the safety…
Yen Gains on Bearish Stocks Session
The Japanese currency was one of the biggest winners together with the U.S. dollar in trading markets this Thursday, as stocks fell globally, declining appeal for higher-yielding currencies as risk aversion rose, favoring…
Mexican Peso Advances as Rates Won’t Be Cut
The Mexican peso had a positive performance today versus the greenback as interest rates are unlikely to have further cuts, attracting investors to inject capital in the North American country. The peso benefited today…