The pound posted another day of losses versus most of the 16 main traded currencies as the economic situation in Great Britain remains behind most of the other main global economies, decreasing attractiveness for the British…
Posts published in “News”
German Business Sentiment Fuels Euro Rally
After a rather mediocre start in the beginning of this week the euro had a positive performance today as German business sentiment rose again suggesting that the Eurozone member countries are finding its…
Canadian Dollar Declines on Government Statement
The Canadian dollar declined from the highest level in 2 weeks today as commodities slid on renewed pessimism and a central bank official’s statement suggested that the current strong loonie may jeopardize the national…
Polish Retail Sales Fuel Zloty’s Rally
The Polish currency touched today its highest level in seven months versus the euro after a retail sales national report suggested that the country may be finding its way out…
Yen Gains on Stocks Corrective Movement
The Japanese currency gained today in Asia versus the South Korean won and in Europe versus the pound and the euro as stocks had a negative performance today after 5 consecutive days winning on renewed optimism…
Pound Down on Chinese Comments
The U.K. currency posted losses today versus the euro and the greenback as stocks declined in the country and the Chinese Premier Wen Jiabao affirmed that the world economy is still facing a period of uncertainty, which…
Crude Oil Fuels Russian Ruble Rally
The Russian currency gained versus the U.S. dollar and several other currencies as the crude oil climbed again today, fueled by optimism regarding the world economic recovery. After Federal Reserve Chairman…
Mexican Peso Falls on Overpriced Speculations
After climbing for several weeks in a row, today the Mexican peso declined versus the greenback, on speculations that the current rates would be too high, attracting investors towards the U.S. The Mexican peso…
Global Optimism Continues to Affect Yen’s Performance
After losing massively towards the end of the past week due to a wave of renewed risk appetite, the Japanese currency was unable to pare its losses as optimism remains strong in trading markets worldwide,…
Hungarian Forint Declines on Interest Rate Speculations
The forint is starting this week under pressure falling from the highest level in almost 10 days before the Hungarian central bank meeting today, which is likely to slash the national…