The U.S. dollar had a weak performance today losing against most of the major traded currencies, as stocks rose for a third day, mainly in Asia, damping demand for the…
Posts published in “News”
Yen Slides on Fed Optimistic Tone
The Japanese currency, often associated with risk aversion by traders due to its relative safety, declined against all major currencies after the Federal Reserve confirmed signs of economic…
Brazilian Real Climbs on Massive IPO Speculation
The Brazilian currency rebounded its previous week losses posting two days of significant gains versus main currencies before a massive IPO in the nations stock exchange, which is likely to attract a great influx…
Yen Down After OECD Revealing Forecast
The Japanese yen, often associated as the best performing currency in times of crisis due to its refuge investment profile, lost today as the OECD predicted an unexpected growth to its member…
Dollar Down on Durable Goods Data Speculation
The U.S. dollar had a day of weak performance losing ground to currencies like the euro and the Australian dollar as speculations that a report to be released this Wednesday will indicate…
The Brazilian currency had the worst performance among the most traded currencies, as confused signals about the world economic situation increased risk aversion among traders, which are leaving high-yielding currencies…
The Japanese currency gained against all 16 most traded currencies as economic concerns continue to rise around the world, causing another day of losses in stock markets, and spurring demand…
Pound Falls on U.K. Home Prices Drop
The British pound fell against the U.S. dollar as a report indicated the first fall in U.K. home prices in five months, increasing risk aversion…
Yen Rises as Crisis in Iran Deepens
The yen, considered as a refuge investment for moments of instability, rose as the political crisis in Iran deepens, creating tension in the international financial scenario. The Japanese currency started this…
Canadian Dollar Falls as Stocks Decline
The loonie had a third week of losses as a fall in U.S. stocks and crude oil decreased the attractiveness for the high-yielding profile of the Canadian currency. Canada is one of the world’s most important commodity producers, and being…