The yen rebounded versus a number of important currencies as concerns regarding an eventual recovery of banking institutions worldwide rose, consequently attracting investors once again to invest in the safety of the Japanese…
Posts published in “News”
Canadian Dollar Declines on Stocks, Crude Oil
The loonie posted the first losses against its U.S. counterpart as stock fell today and the crude oil barrel declined, affecting directly the Canadian dollar…
Dollar Rebounds on CIT Group Concerns
The U.S. currency rebounded versus several currencies after bottoming at a six-week low versus the euro, as speculations that the CIT Group may file for bankruptcy boosted demand for safety. The dollar climbed versus…
Swiss Central Bank Attempts to Control Franc Gains
The Swiss central bank widened its foreign currency holdings in order to prevent the national currency to continue its rally, being the current foreign reserves in Switzerland the highest…
Pound Slides Versus Majors on Public Deficit
The pound dropped today versus the euro and the dollar, before a report, that even if did not come with extremely pessimist numbers, indicated a considerably high public…
Russian Ruble Climbs Intensively on Crude Oil Rally
The Russian currency gained most in almost a decade as the crude oil reached $64 a barrel and metallic commodities are on the rise, creating speculations that Russia, a world leader in commodity exportation, will benefit…
Brazilian Real Hits 9-Month High on Economic Optimism
The Brazilian currency posted another day of gains versus most of the main traded currencies and hit a 9-month high against the greenback as corporate earnings came better than expected combined with a rise…
Australian Dollar Hits Two-Week High on Stocks
The Australian currency, often referred as the Aussie, strengthened to a two-week high versus the yen as stocks in Asia climbed this Monday, raising attractiveness for the yield of the Australian dollar. The Australian dollar had a brilliant performance…
Pound Strengthens on House Prices Climb
The pound started the week climbing versus the yen and the dollar, as stocks rose and the house prices in the U.K. had an increase in the month of June, raising attractiveness for the British currency. The British currency advanced versus the yen…
Dollar Slides as Optimism Attracts Investors to Yield
The U.S. dollar posted the weakest performance versus the euro since May as corporate earnings in North America came better-than-expect and U.S. government reports brought optimism to equities…