Posts published in “News”

Will the Dollar Rebound This Week?

The U.S. currency lost towards the end of the past week as several factors improved investors’ confidence worldwide, attracting investors to emergent-market currencies, as commodities and stocks surged fueled by positive reports in Europe…

Read More

Yen Declines On U.S. Home Sales Improvement

The Japanese currency declined before the end of this week’s session on improved U.S. housing data, suggesting that the wealthiest country in the world is finally reacting economically from the worst recession in decades.…

Read More

Brazilian Real Climbs on European Confidence

The Brazilian real, the best performing currency among the emergent markets, rose today after the German and French positive PMI reports, which brought investors back to riskier assets relying on speculations that…

Read More

Brazilian Real Declines on U.S. Jobs Data

The Brazilian real declined today slightly, after three consecutive days performing positively, as U.S. jobless claims posted an unexpected rise, damping demand for emergent-market currencies. After climbing on national unemployment…

Read More

Goldman Sachs Influences Canadian Dollar Rally

The Canadian dollar traded at the highest level this week after one of the most relevant investment banking corporations in the world suggested that the loonie is likely to gain versus its U.S. counterpart…

Read More

Pound Slashes Gains on Record Deficit

The pound, which benefited yesterday from a new wave of risk appetite in European markets declined erasing most of its previous gains as today, a report indicated the largest budget deficit for the month of July…

Read More

Asian Stocks Force Yen Down

The yen lost in the beginning of today’s session in Asia, as stocks climbed in China and South Korea, bringing a certain level of confidence that helped investors to search for higher-yielding options, selling yen-priced assets. Multiple…

Read More