The Canadian dollar rallied today versus several currencies and specially against its U.S. counterpart, as stocks and commodities climbed worldwide after the Group of 20 affirmed that is relaxed policy to stimulate…
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Dollar On Record Low after G-20 Agreement
The dollar lost versus most of main traded currencies as the Group of 20 will extend measures to stimulate the global economy, adding confidence among investors to purchase riskier assets, consequently affecting the attractiveness…
Brazilian Real Gains Sharply on Risk Demand
The Brazilian real had one of the best weeks in more than 2 months as demand for commodities and emergent markets assets rose globally, maintaining the real as the best performing currency in 2009 among the 16…
South African Rand Top Weekly Currency on Gold Rise
The South African rand was the best performing among 16 main traded currencies in foreign-exchange markets, as demand for metallic commodities exported from the African nation rose globally, increasing their rates…
Yen Gains on U.S. Job Losses
Demand for safety rose towards the end of this week’s session as U.S. payrolls were cut beyond analysts expectations, suggesting that the economic recovery in North America will take longer than…
Dollar Gains Slightly as Unemployment Rises
Risk appetite suffered a significant impact towards the end of this week’s session after both U.S. and Canada published grim employment figures, forcing investors to take more cautions positions and bet…
Canadian Dollar Down on Job Figures
After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded currencies and specially versus its U.S. counterpart,…
Canadian Dollar Remain High Before Jobs Report
The Canadian dollar remained neutral at the highest level in more than a week before an employment rate which is due to be published tomorrow, defining the outlook for the loonie for the next week, since jobs…
Euro Up as ECB Shifts Stimulus Program
The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased…
Pound Up as Asset Purchase Program Changes
The pound climbed significantly versus the dollar, and to a lesser extent versus the euro as the national central bank extended its asset-purchase program less than expected, suggesting that the British economy is needing…