Chile, one of the world biggest copper exporters, is witnessing its currency to fall against all majors as the price of the metallic commodity declined due to a new wave of pessimism, which may decrease…
Posts published in “News”
Ruble Drops as Crude Oil Rates Continue Decline
Russia, the worlds leading energy supplier and main oil exporter to Europe, has witnessed a considerable drop in its currency as the crude oil price is reaching almost a week of declines, as concerns regarding the global slump…
The Australian dollar, one of the main high-yielding currencies among the 16 most traded, has been witnessed a sharp decline since last weeks new wave of pessimism struck equities and commodities markets. Since last…
Yen Leads Weekly Gains on Safety Demand
The yen is this week’s best bet among traders, as speculations that a weak U.S. corporate earnings to be posted this week made Japanese investors…
Canadian Dollar Down on Negative Stocks Perfomance
The Canadian currency, one of the most linked to stocks and commodities prices, had a weak performance today as stocks in Toronto and the crude oil fell, as concerns that the global slump will be prolonged are…
Pound Continues Drop as Demand for BoE Measures Rise
The pound entered its fourth day of losses against the dollar and the euro, after British financial sector calls Bank of England to expand its asset purchasing program…
Euro Falls After Luxembourg Minister Statement
The euro, which until last week was rallying against currencies like the greenback and the yen, started this week losing versus virtually all majors, after…
The South African rand, which was the best performing currency in the first quarter among the 16 most traded currencies, thanks to a wave of risk appetite, fell for the third day in a row, as pessimism increases…
Mexican Peso Down After Elections
The Mexican currency and stocks went down this Monday after the confirmation that President Calderon’s party lost midterm elections, raising concerns that reforms needed to stimulate the Mexican economy will…
Pound Falls on Bearish Market Pessimism
Speculations that the Bank of England will take further measures to stimulate the national economy brought pessimism to British markets, setting the pound down against currencies like the…