The Brazilian real, a high-yielding emergent market currency, ended this week’s session climbing massively against the U.S. dollar, as renewed optimism among traders attracted foreign investments, pushing the Brazilian currency…
Posts published in “News”
Chilean Peso Climbs on Copper Price
Chile’s is one of the world’s main copper producer and today this metallic commodity went up after a U.S. report, pushing the Chilean peso to higher levels as risk aversion declined among…
The pound posted its first day of losses versus the U.S. dollar this week as explosions in Jakarta, the capital of Indonesia, attracted investors to the safety of the greenback, stopping a five-day rally that brought the pound…
Yen Rises After Hotel Blasts in Indonesia
The yen, known for its refuge investment profile, rose for another day versus most of the 16 main traded currencies as explosions in Indonesia brought a certain amount of tension to financial markets in Asia this Friday.…
Mexican Peso Falls Again on Crude Oil
Mexico is, together with Canada, one of the main energy suppliers for the United States energy demands, and its national currency, the peso, fell again today as the crude oil declined in New York.…
Canadian Dollar Down as Crude Oil Declines
The Canadian dollar, which started the week with an outstanding performance as traders, attracted by yield and driven by optimism, bought the loonie, fell today against several currencies as the crude oil, the main Canadian commodity…
The euro is having one of the most positive weeks against the U.S. dollar in two months, as a risk appetite wave brought investors to…
Yen Rises on CIT Group Bankruptcy Speculations
The yen started today rebounding against several currencies like the euro and the pound, after CIT Group Inc. said it will probably not receive a federal loan to attempt a restructuring plan,…
Pound Climbs on British Jobs Data
The pound climbed sharply against the dollar and the yen as an employment report with optimistic figures may have indicated that the worst of the…
Canadian Dollar Hits One-Month High on Crude Oil Advance
The loonie posted the third day of advances against its U.S. counterpart as the crude oil, one of the main country’s exports, advanced today, boosting demand for the Canadian currency. The Canadian dollar has been…