The Brazilian report had a rebound towards the end of the week after U.S. employment conditions start to show small but essential signs of recovery, suggesting that one of Brazil’s most important trading…
Posts published in “News”
Mexican Peso Climbs on U.S. Employment Data
Today, after U.S. employment data indicating that jobs were suffered less losses than forecasts, risk appetite returned to markets worldwide, favoring emergent market currencies like the Mexican…
Canadian Dollar Climbs on Employment Data
After being traded in the lowest rate in almost two months, the Canadian dollar rallied sharply today on a report that indicated an increase in job numbers in the country, surprising analysts and traders positively. A very…
Euro Declines On ECB President Comment
After yesterday’s ECB President comments suggesting that the economic recovery in the region will be a hard process, the euro fell versus a number of main traded currencies, and headed to complete the second week…
Brazilian Real Rebounds Further on Economic Growth Speculations
After slashing most of its previous 2 months gains this week, the Brazilian continued further a rally that started yesterday, today fueled by forecasts that indicate a less significant…
Crude Oil Volatily Influences Canadian Dollar
The Canadian dollar did not manage to maintain its early climbs falling again versus its U.S. counterpart as the price of crude oil confused investors regarding demand for the commodity. Since last…
Swedish Krona Declines on Extended Loans
The Swedish currency declined today versus the euro and most of the 16 main traded currencies as the national central bank maintained interest rate in its historic record low of 0.25 percent leaving space…
Euro Gains Before ECB Meeting
The euro rebounded today after a negative performance during the beginning of the week as speculations regarding the future of the Eurozone economy improved, indicating growth beyond previous forecasts, spurring the attractiveness for the euro today. The European…
Canadian Dollar Impacted by Declining Commodities Demand
The Canadian dollar is having one of worst performances this week in more than 2 months as risk appetite is declining worldwide, affecting currencies that perform well on growing optimism.…
Interest Rates Speculation Push Real Up
The Brazilian currency climbed the most in more than a week as speculations in the country indicate that the central bank interest rates will not continue to be cut. After losing for several days in a row…