The South African rand, which posted several weeks of decline as a new wave of risk aversion spread around equities and currency markets, rose as the world cup stadium construction workers strike ended,…
The yen and the greenback proceeded for a third day dropping as a report in the United States today is likely to indicate that the industrial production is shrinking at a slower pace, rising…
The Brazilian currency rebounded against the U.S. dollar after May retail sales were published today, with better than expected figures, indicating that the Brazilian economy is recovering from…
The Canadian currency climbed today as Goldman Sachs posted higher than expected earnings, bringing confidence to traders to purchase high-yielding assets in equity markets, consequently raising attractiveness for the loonie. The Canadian dollar…
The New Zealand dollar posted its first climb in a week after a central bank statement which affirmed that the Southern nation will recover from the global slump at a faster pace than…
The yen, which rallied for almost two weeks versus the pound and the euro, entered the second day of declines against the Eurozone currency, as…
The Russian ruble completed a week of consecutive losses versus the euro and the dollar, as speculations in Russia indicate that the recession will be…
The Mexican currency, highly dependent on its main trading partner, the United States, posted a sixth day of losses against the greenback on concerns that…
The New Zealand dollar is heading to the lowest rate in eight weeks against the yen and losing against the greenback, as global risk aversion is damping demand for the kiwis high-yield profile. The New Zealand dollar started another…
The British pound started this week losing against currencies like the euro and the dollar as speculations that British banks may announce further losses rose, suggesting that the worst moments of the recession…