The New Zealand dollar lost versus most of the 16 main traded currencies this Thursday as the quarterly unemployment rate in the country grew further, decreasing attractiveness for the kiwi, as growing unemployment figures are…
Posts published in “News”
Dollar Down Before Fed Decision
The dollar had a day of losses versus most of 16 main traders before the Fed will publish its monetary policies decisions tomorrow, as investors expect a rather dovish tone in policy makers’…
Brazilian Real Extends Gains on Domestic Optimism
Several reasons are providing support for the Brazilian currency to extend this week’s gains as risk appetite rose today increasing demand for commodities, injecting money in Latin American stocks, consequently adding…
Canadian Dollar Extends Rally Before Fed Statement
The Canadian dollar continued to gain this Wednesday versus the greenback as demand for commodities produced in Canada and stocks worldwide gained significantly, raising attractiveness for the loonie even further, after several sessions of losses…
Euro Climbs on Stocks Performance
After several days losing to safer currencies like the greenback and the yen, the euro had a sharp increase in its rates today after risk appetite returned to markets, mainly after some financial…
Brazilian Real Gains as Stocks Rebound
After posting the sharpest fall in 8 months in the beginning of this week, Brazilian stocks rebounded this Tuesday, providing support for the real to gain versus most of the 16 main traded currencies in foreign-exchange…
Mexican Peso Impacted by Downgrade Speculations
The Mexican peso had a negative day losing versus most of 16 main traded currencies as the national congress approved new tax regulations that may affect Mexican assets attractiveness, shunning…
Pound Remains Weak on U.K. Banking Outlook
The pound continued to be traded at low levels versus the euro and specially the greenback as new evidences that banking conglomerates in the United Kingdom are still facing a complicate situation and will need further…
Dollar Up on Banking Sector Problems
The dollar touched the highest level in a month versus the euro after speculations suggesting that banks throughout the world are still facing severe difficulties tor reestablish their financial situation fueled…
Euro Grows Against Yen on Economical Optimism
The European currency surged against the Japanese yen and the other major Forex-traded currencies today as the traders reacted to the signs of the global economy recovery with buying high-yielding assets and currencies financed by relatively…