The Japanese currency started another week gaining versus most of the main currencies as several domestic and international events spurred demand for refuge currencies, affecting negatively mainly currencies in Europe this Monday.…
Posts published in “News”
U.S. Consumer Confidence Affects Euro Perfomance
The euro was affected towards the end of this week’s session as U.S. consumer sentiment declined, raising risk aversion among traders which opted mostly for the yen and the dollar to protect their assets.…
Brazil’s Real Worst Performer This Week
The Brazilian currency had its most negative performance in more than a month, making it the biggest loser this week among the 16 most traded currencies, as stocks declined worldwide. Grim…
Chilean Peso Declines on U.S. Consumer Confidence
The Chilean peso posted the biggest decline in August this week as consumer sentiment declined in the United States during the past month, pushing traders away from emergent market currencies. Commodities and stocks…
Euro Slides on Consumer Prices
The euro is having a slight decline towards the end of this week’s session as consumer prices in the region unexpectedly fell, being the sharpest fall in more than a decade, raising speculations that interest…
German Unexpected Growth Improves Zloty Rally
The Polish currency benefited from yesterday’s report indicating an unexpected growth of 0.3 for the German economy in the second quarter, which improved investors’ confidence towards the future of European economic conditions. Among emergent-market…
U.S. Retail Sales Push Greenback Down
The dollar lost today versus most of the 16 main traded currencies as U.S retail sales dropped last month, surprising economists which expected a continuous growth following June’s figures. Multiple…
Canadian Dollar Strengthens as Stocks Remain Bullish
The Canadian dollar was traded today at the highest level in this week as stocks and commodities continued to have a positive performance today, helping the loonie to remain strong versus the greenback. After a negative beginning…
Pound Climbs on Renewed European Optimism
The pound climbed today versus the yen and the dollar, as optimistic reports in Europe brought worldwide traders to bet in a hastening economic recovery in the region, damping demand for safer assets and increasing risk appetite. The pound…
Euro Continues Rally on Eurozone Members Growth
The euro gained versus the dollar and other several currencies today as countries like Germany and France indicated a unexpected growth for the previous quarter, surprising traders and analysts, raising the positive sentiment towards the Eurozone…