The Mexican currency posted another week of gains versus its main trading partner’s currency, the U.S. dollar, as emergent-market currencies profited on higher confidence among…
Posts published in “News”
Pound Slides on Quarterly Recession Numbers
The pound posted losses today versus most of the 16 main traded currencies as today, gross domestic product figures released in the United Kingdom revealed that the quarterly recession…
Euro Rises on Manufacturing Report Figures
The euro posted the first climb versus the U.S. in four days as this Friday a report indicated that the European manufacturing and services contracted at a slower pace, and…
The South African Rand climbed sharply today as a stake in one of the main South African mobile operators may be purchased by an Indian…
Chilean Peso Hits One-Week Low on Copper Prices
The Chilean currency had a weakening performance today, as the copper, one of the main exports of the South American nation declined, damping demand for…
New Zealand Dollar Rallies on Corporate Earnings
The New Zealand currency is trading this week near to a nine-month high versus the U.S. dollar, as corporate earnings and stocks performance attracted investors to the riskier profile of the…
Yen Declines as Stocks Rally Spurs Demand for Risk
The yen lost against all 6 major currencies as stocks continued a rally that is already the longest since 2003 on speculations that the global slump maybe ending, damping demand for…
Dollar Down as Risk Appetite Spurs Demand for Yield
The greenback posted a negative performance today as a decreased demand for safety made investors to leave the U.S. currency attracted to riskier assets in…
Euro Continues High as Demand for Safety Falters
The euro continued at high-levels versus the dollar and the yen, as stocks rallied and risk appetite damped demand for the safety of the Japanese…
British Pound Weakens on House-Prices Decline Forecast
The British currency lost against most of the 6 main traded currencies as a government institution affirmed that the crisis in the real estate market will persist until 2012, shunning…