The U.S. dollar started this week losing versus its Canadian counterpart and the euro as the wealthiest economy in Asia posted an unexpected quarterly growth, signaling traders that economic conditions in Asia are…
Posts published in “News”
Canadian Dollar Bullish Versus U.S. Counterpart
The Canadian dollar had a second week of gains versus its U.S. counterpart specially as risk appetite rose this Friday as major European economies posted a quarterly economic growth, favoring commodity…
Brazilian Real Ends Losing Streak on Global Optimism
After speculations suggesting that the Brazilian currency will suffer further interventions from the national central bank to stop is rally, the real had a negative performance this week that only…
Chilean Peso Posts Biggest Gains Since June
The Chilean peso had the highest weekly rise in 5 months after the national central bank did not announce measures to halt the currency’s rally, leaving behind speculations that a government intervention…
British Pound High on Giant Airlines Fusion
The British pound had an excellent performance in the beginning of this Friday’s session as talks that the biggest airline in the country will merge another European giant in the sector brought optimism to London equities markets…
Dollar Down After Significant Rally
This week has been extremely volatile for the U.S. dollar as different events moved markets sentiment among traders, forcing the dollar slightly down today after it rallied from the lowest…
Brazilian Real Down on Intervention Talks
The Brazilian real posted another negative session today as movements in the central bank led traders to speculate that further measures will be taken to halt the real’s rally, which already rose…
Canadian Dollar’s Rally Halted as Commodities Falter
The Canadian dollar had the first day of losses versus its U.S. counterpart and several other key-currencies as the price of commodities declined this Thursday after a sharp rise that started in the beginning of this…
Aussie Dollar Extends Record High on Jobs Data
The Australian dollar continued its yearly rally to set a new record high in 2009 after a report indicated an improved number of monthly jobs added in October, suggesting that the nation’s central bank…
Yen Rises on Chinese Government Statement
After several days driven by risk appetite globally favoring high-yielding currencies and forcing commodities rates up, the rally was halted as China affirmed that the economic recovery is uneven,…