The pound started this week continuing Friday’s bearish trend after the Great Britain government affirmed that the current asset purchasing program will be expanded, raising concerns that the British…
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Yen Climbs After Japanese Government Report
The Japanese currency started this week with a more attractive outlook as the Japanese government indicated through several reports, that the Asian nation may be finding its way out of recession,…
Pound Declines on Bank of England Statement
The pound declined in the end of this week, after the Bank of England affirmed that it will expand the current asset purchasing program in order to assure Britain’s financial system sustainability. After reaching…
Brazil’s Real Rebounded on U.S. Optimism
The Brazilian real, currency which had its rally halted yesterday as negative reports pushed stocks and commodities down around the world, climbed again today as U.S. employment data came better-than-expected.…
Improved Jobs Data Pushes U.S. Dollar Up
The U.S. dollar pared this week’s losses versus the euro as employers cut less-than-expected jobs in the country, adding optimism to the world’s wealthiest economy. The dollar reached a seven-week high versus the yen and gained…
Rising Unemployment Affects Canada’s Dollar Performance
The U.S. dollar pared most of this week’s losses versus its Canadian counterpart as a report today indicated that the number of job cuts in Canada was higher than what economists predicted.…
Yen Gains on Renewed Crisis Concerns
The yen gained versus several currencies like the euro and the pound as equities markets are ending the week with a rather negative performance, as banks posted losses today. The Royal Bank of Scotland Plc…
Canadian Dollar Down as Oil Declines
The Canadian dollar had a second day of negative performance as unemployment in the nation is expected to grow further, damping demand for the loonie. After several days breaking records versus its U.S. counterpart,…
Brazilian Real Falls on Commodities Decline
Brazil’s real, the best performing among the 16 most traded currencies had the most significant fall in more than a month as commodities declined today, pushing investors away from the South American…
Pound Continues High on Real Estate Market Forecast
The pound is trading near a 9-month high versus the U.S. dollar as multiple news brought traders to the renewed attractive profile of the British currency, which is expecting a rebound in the U.K.’s housing market…